CFRA also has favorable ratings on Vanguard Energy ETF (VDE) and Technology Select Sector SPDR ETF (XLK), which provide exposure to these sectors. The recent pullback in high-growth, Technology-oriented names represents an enhanced buying opportunity heading into 2022 amid a rising interest rate environment where supply constraints and inflationary pressures are likely to ease. While CFRA acknowledges multiples have expanded for the sector in recent memory, Zino thinks it is warranted to account for the more recurring-revenue based, higher-margin business models, improving free cash flow metrics and growth prospects ahead.