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Technology: Most Bellwethers Are Overvalued

M&A, cloud competing are the hot topics in tech.

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  • We view the tech sector as overvalued at a market cap-weighted price/fair value of 1.08.
  • We see a tectonic shift toward enterprise cloud computing.
  • M&A abounds.

 

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Brian Colello, CPA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.