The tech sell-off this year has brought down the sector’s valuations to attractive levels. “We are seeing some of the most attractive valuations for this space that we’ve seen in a long time,” Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions, said.
Despite recession concerns, tech spending does not seem to slow. According to a CNBC Technology Executive Council survey, more than three-quarters of tech leaders expect their organizations to spend more this year.
