Gibbens Calls Buying Opportunity In Tech

Mark Gibbens, CIO of Gibbens Capital Management, said on March 31 that a five-week selloff and roughly 10% drop across major indices created a prime buying opportunity for long-term investors in the technology sector. He cited attractive valuations — including a forward P/E of 20.284x versus an industry average of 37.030x — dismissed an AI slowdown, and pointed to sustained hardware and compute demand.