March 10, 2022
WEEKLY SECTOR ROTATION
Brian T. Hannon, CFA
Volatility Persists – Tech Sector Ranking Rises as Conglomerates and Retail Fall
The earnings outlook across multiple sectors has been in flux, producing volatile estimate revisions.
As a result, the technology sector has reclaimed a top 5 spot in our attractiveness rankings. While
sharp deterioration in catalytic scores has resulted in the conglomerates sector’s drop in ranking.
Likewise, weakness in the fundamental outlook, as indicated by catalytic properties, has resulted in
the retail sector’s fall from the top 5 group. See Tables 5 & 6 where we highlight the most and least
attractive names selected from the top-ranked and bottom-ranked sectors, respectively.