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:
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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