Why iCapital's Amoroso Sees Software as Q1 Contrarian Play

The video discusses a contrarian investment strategy, suggesting a shift from last year's popular trades in banking and semiconductors to underperforming sectors like technology and cybersecurity. It highlights the impact of higher interest rates on tech valuations, particularly in software and cybersecurity, where stocks are trading significantly lower despite strong fundamentals. The speaker advises using market volatility to invest in undervalued tech stocks with strong growth potential, especially in cybersecurity, which is expected to outpace overall tech spending.

What is the expected trend for cyber security spending compared to overall tech spending?

What specific sectors does the teacher recommend focusing on for potential investment?