Technology time in the economic cycle

As the global economy continues to recover, the technology sector is offering some excellent opportunities

Technology stocks are growth-orientated – they benefit when recessions end and when companies start investing in productivity-enhancing technologies, increasing efficiency without hiring people. The technology sector has certainly proven to be an early beneficiary amid an economic recovery while retaining resilient defensive qualities during volatile times. This is perhaps best evidenced in the recent financial crisis; not only did the sector fair better than many other industries, but the harsh lessons learned from the bursting of the technology bubble in 2000-2002 have left the se...