The Technology sector, measured by the State Street Technology Select Sector SPDR (XLK), was the best performing sector in 1Q17. In the quarter, XLK was up 9% while the overall market (S&P 500) was up just 5%. Can the Technology sector continue its outperformance? Or have valuations reached levels where downside risk looms large?
To learn more, watch New Constructs CEO, David Trainer, discuss Technology sector valuations and the implied market expectations for this outperforming sector on CNBC’s Closing Bell.
This article originally published on April 11, 2017.
Disclosure: David Trainer and Kyle Guske II receive no compensation to write about any specific stock, style, or theme.
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