UBS GWM: Tech sector to see further upside

2 May 2019 | 1 minute read

Although the year-to-date rally in the technology sector may cause valuation concerns, UBS Global Wealth Management believes the sector presents upside potential.  According to the bank, the S&P 500 IT sector has returned 27% year-to-date — approximately one-third of the broader index’s 17.5% gain. “Such strong performance may raise concerns about the sustainability of the rally, and on 30 April,…

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