MarketWatch Premium: Investors may have a ‘buy’ signal, as these big tech stocks have dropped up to 32% in only three weeks

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The stock market is in the middle of a big pullback for technology stocks, which had been flying high for almost a year until the Nasdaq-100 Index rose to a record Feb. 16.

But this “risk-off” period may turn out to be a short one. It may set up “a golden opportunity to own the secular tech winners for the next 12 to 18 months at compelling valuations,” according to Wedbush analyst Daniel Ives, who specializes in technology stocks.

The setup