Decades-high inflation and aggressive interest rate hikes by an equally resolute Federal Reserve hit the thriving technology industry hard last year. With the money which financed its purple patch no longer virtually free, growth at all costs made way for profitability and survival as priorities for the technology sector.
However, the falling-out-of-favor technology sector has also made stocks of fundamentally robust businesses, such as Arrow Electronics, Inc. (ARW), more affordable for bargain hunters.
