Technology trends, for better or worse

CIBC's Mark Lin buys into e-commerce and smartphones, but he's wary of sky-high valuations in the cloud.

Diana Cawfield 10 September, 2015 | 5:00PM

Global technology specialist Mark Lin, vice-president and portfolio manager at CIBC Asset Management, has set aside some cash during the recent market swings.

"I don't see many attractively priced opportunities just yet," says Lin, "but if the markets continue to correct from the current levels, such opportunities should increase."

He also does not see the current market volatility affecting the operations of most of the large established companies. Today, the largest technology companies are supported by "real earnings and real cash flow," unlike many of the companies whose stock prices collapsed during the tech bubble in 2000.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Apple Inc292.65 USD1.59
Booking Holdings Inc1,678.20 USD-2.80
Expedia Group Inc101.19 USD-7.09
Intel Corp59.65 USD-0.13
Mastercard Inc A298.04 USD-1.60
Visa Inc Class A187.21 USD-0.63

About Author

Diana Cawfield

Diana Cawfield  Diana Cawfield is an award-winning writer who has been a regular Morningstar contributor since 2000. Her numerous publication credits include the Toronto StarAdvisor's Edge and Chatelaine, as well as the Canadian Securities Institute's online educational services.