Why the technology sector is so attractive right now: XLK, VGT, FDN, IYW

It doesn’t take a market guru to know why private investors love the technology sector. Big names in innovation such as Apple, Microsoft, Facebook and Google are leading the sector. These investor favorites, just between them, account for 35% of the popular Technology Select Sector SPDR Fund (XLK) holdings. In April we might see the sector in the green for the first time since 2016, and there are 3 reasons that the bull sector might continue into 2017. Technology has so far enjoyed micro-based growth and competition, with single companies redefining their industries year over year. Most market spaces are now nearly completely saturated and filled by a specific company. For example, Apple dominates the high end smartphone market, Google has completely gobbled up the search engine and is quickly…


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