Course and flush manager magazine RSS Finance - Course and flush
All articles and backgrounds
03/22/2019Double-digit price gainsThese tech stocks overtake Amazon, Apple and co
Christoph Rottwilm
Divide:
To large picture view
REUTERS
Nasdaq Tech New York Stock Exchange: Not Just Amazon, Apple and Co Launch.
At the end of 2018 the tech stocks staggered, now they are back. Not only Amazon and Co start by: Many lesser-known IT companies leave the industry sizes in the upswing still far behind.
5
Steinhoff, Gerry Weber and the banks: These are the biggest killers
Tech shareholders from Germany can only look on Wall Street eagerly: While the technology sector on the local stock market runs rather mau, the IT traded on the US Nasdaq stock market chart have once again been at the forefront of a rapid stock market upswing since the beginning of the year. Noteworthy: While also the prices of industry names such as Microsoft stock market chart show, Apple stock market chart show or Facebook stock market chart show again neatly. However, the Nasdaq has seen particularly strong growth in smaller tech companies, which many investors hardly notice.
The figures that support this look like this: Since the beginning of the year, the US tech index Nasdaq 100 has recorded an increase of about 18 percent. The remainder of the US stock market, measured by the broad S & P 500 index, rose 14 percent over the same period.
Heavyweights like Amazon, Netflix and Apple are recovering ...
Driven by heavyweights such as Amazon's stock market chart (plus 24 percent gain since the start of the year), the tech sector's rise is further fueled by Apple's stock market chart, which will further fuel investors' optimism next Monday with the launch of new products and services could (price up this year so far: also about 24 percent). The shares of the streaming service Netflix stock market chart show, which is also counted to the tech sector, in the first months of 2019 even more than 40 percent more expensive.
Then there are companies like Micron Technology. The chip manufacturer from Idaho, USA, gave only this week a pleasing industry outlook. That caused the company's stock to jump nearly 10 percent on Thursday alone. Overall, the Micron paper 2019 already recorded a price increase of almost 40 percent. The same applies to the shares of the processor developer Nvidia stock market chart show or for the network technology manufacturer Arista.
... ... but companies like Nvidia, Micron or Arista march in advance
Another area of the tech industry that is causing a furore at the US stock market is cloud computing - and this is a development that fund manager Walter Price of Allianz Global Investors has been expecting for quite some time. Price manages the London-listed Allianz Technology Trust fund and is the most successful Techfonds driver in the world, according to manager magazin. In manager magazin, he predicted the flight of cloud stocks months ago.
"This is the best time for tech investments in two decades," says the investment expert. The entire IT infrastructure is at the beginning of a breakup that only happens every 15 or 20 years. Last time many start-ups had worked on hardware and programs for servers and PCs, which largely replaced the mainframes back then. Today, cloud computing is facing a breakthrough for corporate clients. "This saves costs and capital, increases productivity and opens up entirely new possibilities for product development and service," says Price.
No wonder Price has heavily focused his portfolio on the cloud theme. Of the well-known tech giants, for example, he has only Amazon and Microsoft in the depot, because both mix vigorously in the cloud market.
Also read : These companies are driving the next tech revolution
Other favorites from Price have also developed splendidly in recent months: at ServiceNow, for example, a provider of cloud infrastructure, the price increase since the beginning of the year is already more than 40 percent. Arista Networks' paper has actually jumped nearly 50 percent since January. Arista is led by German tech pioneer Andreas von Bechtolsheim (co-founder of Sun Microsystems, Google's early investor) and manufactures an operating system and hardware for next-generation cloud network providers and data centers - the corporate IT control system of the future ,
Page 1 of 2
- Part 1: These tech stocks overtake Amazon, Apple and co
- Part 2: Why German tech stocks can not compete with the Nasdaq stars
To home page
Related articles
- World's Most Successful Tech Fund Manager Expected Second Boom: Apple's Crash as the Harbinger of the Next Tech Revolution
more on the subject
- Course and flush
- financial investment
- stock market
© manager magazine 2019
All rights reserved
Duplication only with permission