Posted inAnalysis

Can tech stocks survive Fed tapering?

The handful of tech giants represented in the “FANG” index (Facebook, Amazon, Netflix, Google and friends) rose in price by nearly 13 times since January 2013, while the S&P 500 rose only 2.8 times. They earn only 0.7% of the S&P 500’s total revenue, but account for 12.2% of its market capitalization. This remarkable divergence […]

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