People looking to the classic FAANG companies to lead the tech sector might be disappointed, but I want to make it clear that tech is still the place to be when looking for opportunities in the market. The tech-centric Nasdaq is leaving the broader S&P 500 in the dust in terms of gains. Now, things for small-cap companies can be a bit uncertain in light of concerns about inflation. They don’t have the market power that larger companies do, and so they can’t pass costs on to customers as easily. That being said, some of them have still won big. In addition, there are a few more companies with strong prospects that I have my eye on.
Cheers and good investing,
Michael A. Robinson