Where Are the Bargains in Tech in 2022?
We remain bullish on the key secular trends in technology but think the sector overall is a little pricey.
Source: morningstar.com
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We remain bullish on the key secular trends in technology but think the sector overall is a little pricey.
The sector currently trades in line with our fair value estimates.
The sector looks overpriced to us today, but there are a few bargains to be had.
The oil services segment looks especially cheap.
Alphabet continues to power ahead, masking broader underperformance of the group.