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- Tech stocks' start-of-year rally is likely to fade soon, according to Sand Hill's Brenda Vingiello.
- The Nasdaq Composite is up 12% in 2023 thanks to investors' expectation of interest-rate cuts.
- But "it's just really hard to make a case for ongoing improvement from here," Vingiello said Friday.
Tech stocks' start-of-year rally will fade soon with rising interest rates likely leading to investors shying away from the market, according to Sand Hill Global Advisors' chief investment officer.
"It's just really hard to make a case for ongoing improvement from here in terms of stock prices," Brenda Vingiello told CNBC's "Halftime Report" Friday in a discussion about whether tech shares can hang onto their recent gains.