To the astonishment of many commentators, the Nasdaq, the tech-heavy US index, is actually up for calendar year 2020, having regained all of its losses since the COVID crisis. Investors who have held the FAANG stocks and darlings such as Tesla have generated vastly greater returns than those who have not.
So are these companies the future, or in dangerous territory? And if you believe the latter, what can you do about it? Kanish Chugh from ETF Securities shares:
- Fundamentals behind the enduring support for the tech titans
- The real return implications of tech dominance
- Opportunities for investors to take a long or short position on Tesla and more, and
- Why ignoring tech has proven so painful for many investors.
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