UBS upgraded the technology sector to Overweight on Wednesday morning, but Requisite Capital Management’s Bryn Talkington splashed caution on the analyst firm’s call.
“I’m never amazed at how low stocks can actually go when you get into this environment,” Talkington said Wednesday on CNBC’s “Fast Money Halftime Report.”
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The call on the broader tech sector as a whole is where she takes issue. Although she feels comfortable holding some tech stocks like Apple Inc., she thinks the trend is still down from current levels.
