Dave Sekera discusses valuations for tech companies and argues the whole market is trading a few percentage points above fair value. “If you’re really looking for value today,” look to small caps, he says, saying the sector is trading about 15% below fair value. He sees no recession “for the foreseeable future” but does say the economy is slowing. Right now, he’s finding opportunities in real estate, healthcare (especially medtech), and energy.
Market On Close
12 Sep 2025
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