Skip to Content
Quarter-End Insights

Tech: A Tectonic Shift Toward Enterprise Cloud Computing

The ongoing migration to cloud computing is having ramifications for dozens of stocks across our coverage.

Mentioned: , , , , , , , , ,
  • Overall, we view the tech sector as notably overvalued at a market-cap-weighted price/fair value of 1.13.
  • We still see a tectonic shift toward enterprise cloud computing.
  • Semiconductors appear overvalued due to the hype around artificial intelligence.

Brian Colello does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.