The technology sector has sold off and it's too early to mount a rebound, according to TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer, but there are real reasons to own the sector.
Apple (AAPL) is a holding of Action Alerts PLUS. Citi analysts see a buying opportunity in the iPhone maker. Apple shares are up 24% since the start of the year. Technology stocks in the S&P 500 are up 15.4% year-to-date.
Watch all of Jim Cramer's latest videos, right here:
- Tesla Remains a Battleground Stock, Jim Cramer Says
- I Remain a Long-Term Supporter of Disney's Stock, Jim Cramer Says
- Jim Cramer on AutoZone, O'Reilly and Advanced Auto Parts: There Needs to Be Mergers