Sustainable growth at significant pace – that’s as good as it gets with one stock to add to your portfolio, and that’s what a high-tech stock has to offer.
After the surprising Presidential Election results, tech stocks fell because of the negative sentiment attached to Trump’s pre-election campaign, where he claimed his regulations would necessitate tech firms to pull back abroad investments and plant them in the U.S.
However, it’s all but certain that it was a temporary jolt, as senior Silicon Valley executives met President Trump and pretty much nullified the negativity surrounding the industry. The result was immediately visible in the NASDAQ Composite, which has continued to set new benchmarks, clocking 5,574.12 on the 13th of January 2017, easily outpacing the DOW, as shown in the graph here.
The ‘Coming of Age’ for High-Tech Stocks
After the minor blip caused by the Brexit vote in June of 2016, the NASDAQ Composite grew 13% in the subsequent two months, which is loaded in high-tech stocks, and it continues to consolidate on its growth.
The SV150 Index tracks aggregate performance of 150 giant tech stocks from the Bay Area. The index is up by 4% in 2017, which is 6 times faster than the Dow’s growth.
Apple, Google, Netflix, Adobe Systems, Intel, and Nvidia have all shown growth that is driven by strong fundamentals, and all are certain to maintain the momentum throughout the year, which makes them ideal additions to portfolios with space for a high-tech stock.
Solid fundamentals for extended durations have been a decisive factor in making high-tech stocks survive the anxiety of the “another tech bubble” mentality that plagues investor circles.
2017 promises to be the year when this power shift becomes more pronounced, which also makes it the perfect time for you to include one or more high-tech stocks to your portfolio.
We are keeping a firm eye on the top ten high-tech stocks, and we will reveal the most bankable stocks out of these very soon
Demand for technology is growing every year. As the world moves from analog to digital, investors are quickly realizing the massive nebula between current and future demand. We’re barely 50% through with the journey towards going digital, and that’s where high-tech giants are confident that their supremacy will outlast the age of any tech bubble.
Moreover, the industry has seen what a tech bubble does look like, as well as what causes it to burst. It’s all but guaranteed that the industry leaders will not let their bullish approach come at the cost of overconfidence and economic myopia.
For sustainable and high-paced growth, your portfolio needs a high-tech stock. 2016 was the year when tech pulled up its silicon socks and transformed from a “reasonably well-performing” industry to the must-have in every investor’s portfolio.
In fact, high-tech superstar stocks have supplanted the more traditionally relied upon stalwarts from other industries, like oil and gas, health, and retail.
Without a doubt, though, the big money in high-tech is in the small-cap companies that have found disruptive technologies.
What Portfolio Wealth Global focuses on is sifting through the thousands of dreamers to track down the few that have a serious master plan for growth.
The key to high-tech riches is finding a startup firm that is working on a product that the big boys want, but aren’t allocating the time and resources to develop it on their own.
The takeover is where the large pay day happens.
2017 will be a pivotal year for high-tech, small-cap stocks, and in our free 365 Global Wealth newsletter, the team will update you on all the important developments.