Tech Values Not Found in Social Setting
Investors should consider avoiding overvalued social-media and big-data companies and turn to other technology names trading at attractive prices.
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Rick Summer: As we are getting close to wrapping up the first quarter, we are looking at the technology sector, and there are a couple of key themes that we are really pointing to. I think one is really risk avoidance. There are a couple of pockets that we are pointing to for overvaluation.
Rick Summer does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.