"Rising interest rates are impacting the tech sector valuation is a near-term phenomenon only. The pandemic pulled forward investments into cloud migration and digitization of business practices," says Chris Armbruster. He believes that the IPO boom dramatically increased the supply of equities in the tech space. Should investors prioritize stock selection in the coming years? Also, Armbruster weighs in on what is next for cloud stocks like WDAY, OKTA, TWLO, ZS, and SNOW. Finally, he provides his stock pick: Global-E Online (GLBE).
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