|Bid||80.74 x 1000|
|Ask||81.00 x 800|
|Day's Range||79.25 - 81.84|
|52 Week Range||10.63 - 136.50|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 18, 2021 - Feb 22, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||76.50|
The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world such as Apple Inc. (AAPL), Microsoft Corp. (MSFT), and Amazon.com Inc. (AMZN). Tech stocks, as represented by the Technology Select Sector SPDR ETF (XLK), have dramatically outperformed the broader market.
Content delivery network (CDN) specialist Fastly's (NYSE: FSLY) stock recently tumbled as much as 51% on news that TikTok parent ByteDance -- Fastly's biggest customer -- reduced its traffic on the platform in response to a pending ban by the U.S. government. In this Earnings Review episode that aired on Fool Live on Oct. 28, Fool.com contributor Danny Vena addresses why Fastly tumbled and why he viewed it as an opportunity to double down on the stock. Danny Vena: Well, I'm going to read the question first.
The stock market could hit new highs under Biden, with these companies offering especially appetizing growth prospects.