29 Sep 2017
- Overall, we view the tech sector as overvalued at a market cap weighted price/fair value of 1.09.
- We still see a tectonic shift toward enterprise cloud computing.
- Semiconductor equipment appears overvalued as booming near-term orders won't last forever.
Brian Colello, CPA does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.