Technology Remains a Drag on the Broader Market but Wide-Moat Software Stocks Are Still Attractive
Quarter to date, tech only rose 2.78% while the U.S. equity market rose 6.91%; however, we view the electronic components space as underappreciated.
Brian Colello
Brian Colello, CPA, is director of technology equity research for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. In addition to leading Morningstar’s technology sector team, he covers semiconductor and hardware companies. Colello was a senior equity analyst before assuming his current role in 2015.
Before joining Morningstar in 2008, he worked in public accounting for KPMG and served as a manager in corporate finance for BMG Music, a subsidiary of Bertelsmann AG.
Colello holds a bachelor’s degree in accounting from Bucknell University and a master’s degree in business administration from Wake Forest. He is also a Certified Public Accountant.
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