Analyst: Don’t throw in the towel on tech; this is an opportunity

Wedbush Securities managing director Dan Ives advised investors on Friday to stick with technology stocks despite the potential valuation crunch that could happen as the Federal Reserve raises interest rates.Brian Stewart for Seeking Alpha:“This is not the time to throw in the white towel on tech,” he told CNBC on Friday.
Calling the current era “a fourth industrial revolution,” Ives backed such stocks as CyberArk Software, Palo Alto Networks, Zscaler, NVIDIA, and Apple.