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Opinions Larry Berman CFA, CMT, CTA
NASDAQ Technology Dividend ETFTDIVBUY ON WEAKNESSJul 24, 2020
He's been waiting for a couple months now for a pullback. It still hasn't come. Cloud computing, 5g, and other technology domains are good plays. He likes buying this sector on dips and buying in batches to mitigate risk.
$42.23
Stock price when the opinion was issued
$115.76
As of Jun 17, 2026. Market Open.
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COMMENT
To him, the sector overall is expensive. In 2008-2009 when the markets corrected, technology in the longest, and NASDAQ was the last to correct in a big way. It is probably going to be the same this time. Money will flow to what is still working late in the cycle. He is very, very nervous on the markets, and is not sure he would want to put in a whole lot at this point to technology.
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