Where to Look for Undervalued Technology Stocks - Barron's
1. Technology stocks are pricey after significant gains in the U.S. 2. S&P 500 tech sector up 38% vs. 4% for Europe’s STOXX. 3. TIETO trades at 8.3x forward earnings, 10% discount to peers. 4. Stock down over 20% this year, indicating possible undervaluation. 5. European firms may catch up to U.S. gains, benefitting TIETO.