Are pricey tech stocks still a good investment?
Managers warn of hype in otherwise profitable sector
23 June 2019 - 07:56
Technology may have disrupted the way we work, shop, engage and entertain ourselves, but there is room for much more disruption, which means higher returns for investors from this sector of international share markets, according to Richard Clode of Janus Henderson Investors.
South African investors had witnessed first hand the outperformance of a tech stock and how it had disrupted their own share market, Clode, who manages the Janus Henderson Horizon Global Technology Fund from London, told the recent Sanlam Investments and Glacier i3 Investment Summit...
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