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Ultra-Popular Tech ETFs You Should Not Ignore

Neena Mishra

Tech is the best performing sector this year, as well as over the past decade. Investors continue to pour money into popular technology stocks despite economic uncertainty and health crisis. While valuation look stretched in some cases, investors believe in their growth potential.

Biggest tech giants—Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Facebook (FB)—are trading close to their all-time highs, and their combined market value is about $5 trillion.

Apple, Amazon, Alphabet (GOOGL) and Microsoft, spent about $29 billion on R&D last quarter, up 17% year-over-year, per WSJ, more than NASA’s annual budget.

These stocks also got a boost from the coronavirus. “We’ve seen two years’ worth of digital transformation in two months,” per Satya Nadella, CEO of Microsoft. Some of these trends will continue even after the crisis is over.

To learn more about the Vanguard Information Technology ETF (VGT), the iShares U.S. Technology ETF (IYW) and the Invesco QQQ ETF (QQQ), please watch the short video above.

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Microsoft Corporation (MSFT) : Free Stock Analysis Report
 
Amazon.com, Inc. (AMZN) : Free Stock Analysis Report
 
Apple Inc. (AAPL) : Free Stock Analysis Report
 
Invesco QQQ (QQQ): ETF Research Reports
 
Facebook, Inc. (FB) : Free Stock Analysis Report
 
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
 
Vanguard Information Technology ETF (VGT): ETF Research Reports
 
iShares U.S. Technology ETF (IYW): ETF Research Reports
 
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