Hunting for tech stocks to buy can be both fun and frustrating, as
there are plenty of headlines to soak in about all the supposedly
world-changing innovations come out of new and established companies in
the space. Of course, that also means plenty of noise to sort through.
And, while tech undoubtedly has a huge impact on our world — which
means stocks in the sector often come with over-sized growth prospects —
investors are forced to shell out a premium to bet on that potential.
It takes just a quick sampling of some of the hottest tech stocks out there to illustrate this reality. Even Facebook (FB),
which has been transitioning from a new kid on the block to an
established, proven company, is trading for more than 30 times its
expected 2016 earnings. And, that’s just a fraction of the forward P/E
ratio that comes with picks like Twitter (TWTR), Tesla (TSLA), and Amazon (AMZN). (more)
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