There are tech stocks and there are TECH stocks ! If you have bought Amazon in 2021 Jan, by now , you will be earning a pathetic 5% returns at most.
However, the same pot of money pour into Google would gives you 10 fold more , that is 51% returns for the same time period.
So, diversification is key here as we cannot predict with certainty the future performance of a company. With Climate change, technological advancement, Omicron variant and the macroeconomic policies all rolling in, it can be quite a task to find the real gems. But once you identify it, ride it to the moon.
However, the same pot of money pour into Google would gives you 10 fold more , that is 51% returns for the same time period.
So, diversification is key here as we cannot predict with certainty the future performance of a company. With Climate change, technological advancement, Omicron variant and the macroeconomic policies all rolling in, it can be quite a task to find the real gems. But once you identify it, ride it to the moon.
Note
Can you spot the double bottom of Amazon shares ? 18 Jan and 14 Feb
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.