The prospects for US tech stocks

Jeremy Gleeson, manager of the AXA Framlington Global Technology fund, gives an overview of prospects for the US technology sector.

The pace with which technology innovations and solutions have been delivered in recent years has been something to behold.  As technology matures and becomes more affordable it continues to have an impact not just on traditional industries associated with computers and electronics, but also on other businesses such as manufacturing, healthcare, automotive and finance. Industry M&A Meanwhile, larger companies with the appetite for acquisitions are supporting valuations of smaller companies. For example, over the past year, the likes of Oracle and Cisco have both purchased smaller...