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What All the Recent Tech Company Splits Say about the Future of Cloud Computing

Tech: More Undervalued Than One Might Assume

fewlargecapleadersinternetoutperforms

Not only is the tech sector not overvalued by any measure — absolute, relative, or historical valuation multiples — but there’s plenty of unlocked value. (This, by the way, is why we’re seeing more corporate activism and corporate splits/spinoffs lately. Activists typically do not chase expensive companies. And spin-offs are typically pursued as a means to unlock unappreciated value.)

Is Big Tech Undervalued or Fairly Valued?

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