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home / news releases / XLK - IYW: Technology Dashboard For June

XLK - IYW: Technology Dashboard For June

SPDR Select Sector Fund - Technology

2024-06-18 09:31:26 ET

Summary

  • Monthly article series with industry metrics in information technology.
  • The sector is overvalued by about 30% relative to 11-year averages.
  • Hardware and semiconductors are heavily overpriced, while other industries are moderately overvalued.
  • iShares U.S. Technology ETF, an alternative to XLK for long-term investors.
  • 8 technology stocks cheaper than their peers in June.

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For further details see:

IYW: Technology Dashboard For June
Stock Information
Company Name: SPDR Select Sector Fund - Technology
Stock Symbol: XLK
Market: NYSE
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