Tech-Stock Sell-Off Not Creating Many Values
Internet stocks have been underperforming the market so far this year, but given that valuations in the space remain elevated, there are still few bargains, says Morningstar's Norm Young.
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Mentioned: MSCI Inc (MSCI)
, Facebook Inc (FB)
, Twitter Inc (TWTR)
, American Tower Corp (AMT)
, TIBCO Software Inc (TIBX)
, Altera Corp (ALTR)
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Tech stocks have been hit hard recently, and I am here with Norman Young, a senior equity analyst on Morningstar's tech team, to take a look at what's been hit the hardest and if it's opened up any opportunities.
Norman, thanks for joining me today.
Jeremy Glaser does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.