Talk about a comeback. After a major drubbing last year, technology shares have continued to spend much of this year surging higher. Driven by the potential pause in rates, new artificial intelligence solutions, and perceived growth, investors have once again embraced technology in a big way.
The question now is whether or not the rally can stick.
The answer may be yes. Thanks to recent cost cutting and still strong spending by businesses on new tech solutions, the sector could continue to surge throughout the year. And while there are some risks, dividends and buybacks are poised to grow. For investors, that could mean that big tach is a big buy.
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