Why investors disappointed by mega-cap tech guidance should stay course: UBS - Business Insider

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Investors were disappointed by mega-cap tech guidance last week — but UBS says investors should stay invested and focus on 3 key areas

, Apple, Amazon, and Facebook slid considerably on Friday as investors weighed better than expected earnings reports with tepid and uncertain outlooks for the next quarter.down by as much as 3.4% by Friday afternoon, and Apple, Amazon, and Facebook all fell at least 6%.

Here's what investors should watch out for over the long term in the technology sector, according to UBS.Apple's 5G iPhone lineup should serve as a catalyst for broader 5G adoption, according to UBS. "They've also benefited from increased digitalization and user gains linked to the pandemic. Within China's digital economy space, we like select names in e-commerce, food delivery, travel, search, cloud, data centers, fintech and online entertainment platforms," UBS said.Steven Pesavento quit his 9-to-5 career to pursue real-estate investing full time. Here's how he went from a no-experience tech-head to having flipped over 200 properties in a few years time.

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