The S&P 500 Information Technology Sector index outperformed the broader S&P 500 by 29.7% over a 50-day trading period, a move the Carson Group describes as a six-sigma event that statistically should occur only once every 4 million years. The tech index, tracked by the State Street Technology Select Sector SPDR ETF, benefited from a 47% weighting in semiconductor stocks and a spring rally in software names. Following the surge, the tech ETF has pulled back about 8% from its highs, while the S&P 500 is roughly 3% off its peak. Despite the retreat, many large-cap tech stocks still appear reasonably valued, with Nvidia trading at a forward price-to-earnings ratio of 16 times fiscal 2028 estimates after reporting 85% revenue growth.
Apple Inc.
Advanced Micro Devices Inc
Broadcom Inc
Microsoft Corporation
NVIDIA Corporation
Intel Corporation
Micron Technology Inc