Investors are buying up these 'tariff-proof' tech stocks to keep exposure to the sector

are not entirely "tariff-proof," they may hold up better than some consumer technology names that manufacture products in China, according to Rishi Jaluria, senior research analyst at DA Davidson.

Equity markets saw a sharp pullback this week after more tariff escalation, a fall in the Chinese yuan against the dollar, and tumbling bond yields that fueled global growth concerns. Tech shares led a rebound on Thursday, with the sector rising more than 1%. The S&P technology sector is down 1.7% for the month, compared to a 1.4% drop in the broader S&P index. Microsoft is up about 1.4% in that time frame.Cloudera has also rallied 37% in the past month after activist investor Carl Icahn revealed a new stake in the data analytics company. Icahn told CNBC's Scott Wapner on "" Thursday that aside from some opportunities like Cloudera, he's far from bullish on the broader market.

But not every software name is in the black. Salesforce is down about 6% in the past month, Docusign is down 11%, while ZenDesk has fallen 14%. Twilio, a top pick from DA Davidson's Jaluria, is down more than 6% this month.

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