It's earnings season, and large-cap tech companies will begin reporting their finances in the coming weeks. Mark Mahaney of RBC Capital Marktes gave CNBC his preview of how some of these companies will fare in the second half of this year. (Tweet This)
"The sentiment on Internet sector has recovered [from the beginning of the year]. I don't think it's gotten overboard," he said in an interview with CNBC's "Squawk Alley" on Friday. "I don't think we have a bubble in the public tech sector and the public Internet sector."
He added that if tech stocks rise, it will be due to higher earnings and not just multiples.