You need to invest in tech stocks in order to enjoy market-beating returns.
While it's important for investors to keep a balanced portfolio, you can't afford to overlook tech stocks in this market. Tech stocks are the muscle behind U.S. markets these days, accounting for 34% of the makeup of the entire S&P 500 . They are also outperformers, as the tech-heavy Nasdaq Composite is outperforming both the S&P 500 and the Dow Jones Industrial Average so far this year.
The lesson here? You need to have tech stocks in your portfolio if you want to outperform the market. Tech stocks are immensely popular these days as companies are racing to train large language models (LLMs) to customize their platforms with generative artificial intelligence (AI) offerings in order to roll out new ser