There’s no denying the technology sector’s prowess over the last couple of years.
Thanks to their high cash flow generation, rising revenues and continued growth, the sector has continued to see tons of investor interest. Led by the so-called FANGs, this continued interest has pushed share prices upward…and upward. And it looks like the good times will keep on rolling for the tech sector.
Or will they?
More recently, several stock market pundits and gurus have been calling that tech’s good days are about to come crashing to an end. The question is: Are the guru’s right? And what about the longer term?