Tech stocks have been a winning bet, but investors worry it will fade GlobeInvestor
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Yet while the pandemic has benefited technology companies - and their investors - by driving greater adaptation of ecommerce, remote work and cloud computing, for instance, the risk is that the slowdown in the real economy will soon catch up to the gains.
“Owning tech in this environment is considered not speculative but safer than consumer brands that would have traditionally been safe,” said Cox, adding that many large technology companies now pay attractive dividends. Lippert has been adding to companies such as cybersecurity firm Crowdstrike Holdings Inc and cloud communications firm RingCentral Inc that are likely to be adopted by businesses regardless of the broader consumer backdrop.
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