The tech sector, which has been avoided by fund firms, may promise a strong rebound as tech funds have been the big winner so far this year and many tech firms are reporting robust first-quarter earnings, Associated Press reports.

The news report cites data from fund research firm, Lipper, which found technology funds have returned of 6.71% so far this year. Growth funds, which typically have a heavy concentration of tech stocks, are also doing well. Large-cap growth funds have a positive return of 4.02%, multi-cap growth funds are up 4.05%, and mid-cap growth funds have earned investors 2.07% year to date through the end of March, according to Lipper.

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