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Tech Sector: The Highest Growth Stock Sector in the US
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⬇️Timestamps:
0:00 → Introduction
0:53 → Overview of the US Tech Sector
3:28 → How to Compare US Tech Stocks
5:47 → Risks of Investing in the US Tech Sector
9:28 → Conclusion
In recent years, investors have come to refer to the largest tech companies as “FAANG,” with each letter representing each of the tech giants Facebook (now Meta), Amazon, Apple, Netflix and Google (now Alphabet). Many of these stocks have been hit hard in 2022 despite being profitable and having reasonably strong long-term outlooks.
With tech stock valuations more attractive than they were a year ago, long-term investors can start putting money into the sector, says Liz Young, SoFi's head of investment strategy. But given the volatile environment, she recommended investors to “average in” over time to take advantage of more attractive prices she expects to see in the coming weeks and months
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