(New York)

Which stocks dominated the 2010s? It is an easy question, not a trick—tech stocks. The FAANGs absolutely ruled in the past decade, but such patterns rarely continue and the best stocks in the next 10 years might be very different. Instead, UBS recommends stocks that focus on sustainable investing, genetic therapies, digital transformation, and alleviating water scarcity. The world and its governments and investors are likely to move towards sustainable tech in the next decade, which should support this nascent space, says UBS. Meanwhile technologies like 5G and gene-based therapeutics will revolutionize the technology and healthcare sectors. The world also has a significant supply and demand issue in water (mismatches between where water is and where it is needed), which will create significant revenue opportunities.

FINSUM: This is quite a progressive view, especially in respect to the water and sustainability forecasts. That said, it does seem like a good thesis.