الخميس, 15 شباط/فبراير 2018 10:35

Be Careful, Tech Isn’t as Resilient as it Looks

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(San Francisco)

Many investors may have noticed that despite the big selloffs of the last two weeks, tech stocks have actually held up quite well. The sector is up 2.8% on the year versus an S&P 500 gain of just 0.2%. However, beware, as that number is largely an illusion. The reason why is that the vast majority of that performance comes down to Microsoft and Nvidia, which are up 5% and 20% this year.


FINSUM: The performance of tech during the recent downturn is largely an illusion, so investors need to be careful taking refuge in the sector.

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