How to invest in tech stocks, a risky but fast-rising segment of the market - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

How to invest in tech stocks, a risky but fast-rising segment of the market

And speaking of this volatile year: Tech stocks even seem impervious to the coronavirus. "The tech sector has performed very strongly during the pandemic, recovering from the shock plunge in March 2020 to reach new record highs," says Susannah Streeter, a senior investment and market analyst with Hargreaves Lansdown.

There's a fundamental reason why tech stocks tend to attract more investor demand than other kinds of equities. Given that they look to the future and promise the delivery of new, exciting products — or new platforms which will help them secure dominant market positions — they're virtually synonymous with higher-than-average growth.

"The behavioral changes COVID-19 has brought about are only an acceleration of digital trends already sweeping through the economy. This has added to optimism that tech stocks, in particular stocks which have already seen big gains, will still be a safer longer-term bet," Streeter says. The technology sector can be broken down into a variety of sub-sectors, each of which tends to be valued differently.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lmao just invest in ETF and mutuals bro 😎 (because when the companies go bust next quarter at least you won’t lose everything)

thank you very much for your work

not risky enough, try crypto

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines