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Via Long Investment Ideas from Seeking Alpha:
As money continues to flow out of the resource and energy sectors (it’s a correction folks - not the end of the Supercycle) investors are turning to tech stocks to rebuild their damaged portfolios. Last week I wrote about some tech companies that are thriving during the economic downturn by helping corporations cut costs (Tech Sector Provides Safe Haven). Those tech companies have watched their shares outperform the markets in recent months. It’s been a great place to be while the rest of the market is falling apart. Of course, cost-cutters are not the only tech sub-sector doing well right now.
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