Goldman says to keep buying the big five tech stocks because this isn’t 2000
FAANG stocks displayed at the Nasdaq.
Adam Jeffery | CNBC
The influence of a few big stocks over the market is at its most extreme level in 20 years, but that’s not necessarily a reason to stay away from those shares, according to Goldman Sachs.
Apple, Microsoft, Amazon, Alphabet and Facebook account for 18% of the index’s value, a feat not achieved by just five components since the peak…