Why Invest in the Technology Sector?

• Select industries in the Technology sector are among the fastest growing segments of the market.
• The US technology sector is attractively valued given its solid long-term earnings growth, improving cyclical outlook, accelerating cash distributions to shareholders, and exposure to secular growth drivers.
• In the short term, rising demand for IT equipment should lift sales, while in the long term, cloud computing, e-Commerce, and Big Data, among other secular themes, should drive earnings growth.
• Continued labor market gains and rising capacity utilization are symptoms of an improving cyclical outlook.

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Issue attachment (not archived)US Technology