In managing Fidelity's Software and IT Services Portfolio, Ali Khan tries to look for companies that can grow consistently and steadily for years to come.Fidelity fund manager Ali Khan runs the firm's Software and IT Services Portfolio, which has been one of the best performing tech funds over the last five years.One key piece of his strategy is to focus not on the fastest growing companies, but on those that have the potential to grow significantly and steadily for years on end.
. Part of his winning strategy has been to focus on companies that have the ability to grow steadily for years to come, rather than on those that are posting amazing growth rates in the near term. Companies like Salesforce and Adobe, which have each consistently posted revenue growth above 20% for years on end, epitomize his ideal stocks — and what he looks for in younger tech companies.Part of the reason he prefers such companies over the spectacular growers has to do with valuation.
The other reason Khan tends to shun those companies with superfast growth rates is that they often don't have the potential to sustain strong growth into the future. The market they play in just isn't big enough, or their competitive advantage isn't sufficient enough to defend them against potential competitors. So as they sign up a big swath of their potential customers, or as their competitive distinction dwindles, their growth rates hit a wall.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Goldman Marcus UK pauses new accounts - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Facebook drops censorship tools for Workplace - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Business Insider's best investing stories of the week ended June 16 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ......why did you use a photo of some rave... ? Day trading is for suckers These are the suckers that the 'pump and dump' big investors will use to unload their inflated stocks. That's why they are touting the 'V' shaped recovery. It's a repeat of the 2008 mortgage securities pump and dump.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Investors add record $4.6 trillion to money-market funds amid volatility - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
A record number of investors believe stocks are overvalued, according to Bank of America surveyBank of America surveyed 212 mutual fund, hedge fund and pension fund managers with $598 billion under management during the week ending June 11. 5 soldiers were killed and 11 were injured during violent clashes at the China-India border... ChinaIndiaFaceoff Trump and Powell and Mnuchin and Kudlow and Navarro and 123,045 so we're definitely going higher...
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Investors, VCs funding digital creator and influencer industry: list - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. TZhongg 🙌 TZhongg TZhongg Can you still say Yaas queen in 2020? This is awesome.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »