FXL: Technology Sector Dashboard For September
Summary
- The article provides a top-down analysis of the technology sector, focusing on fundamental and momentum metrics for industry evaluation.
- The technology sector is overvalued by about 33% based on my value score.
- Communication equipment is the least overvalued industry, whereas hardware is the most overpriced one.
- We look into FXL, a rules-based technology ETF with unconvincing results.
- Seven tech stocks look cheaper than their peers this September.
- Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here »
Maskot
This article series reports aggregate industry metrics in information technology. It may also serve as a top-down analysis of sector ETFs like Technology Select Sector SPDR ETF ( XLK ) and First Trust Technology AlphaDEX® Fund ETF ( NYSEARCA:
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