05-05-2021, 04:27 PM
(05-05-2021, 03:45 PM)stockguru Wrote:(05-05-2021, 03:10 PM)ken-do-nim Wrote: I realize my company's peers NOW and CRM are also down (though at a lower percentage), and the market hates the nasdaq right now, but it is a very helpless feeling watching my company stock just continue down.
Just a rotation. Happens all the time. Those companies are great buys now. Add more
This. Tech outperformed when the economy was fully open. Tech outperformed when the economy was fully closed. Tech will outperform with the economy fully open again. If inflation happens tech has to inflate more than a Ute/Telco stock to account for revenue/earnings growth rates that are multiples of what the slow-growers do.