Commentary on a growing trend
The tech sector covers a broad spectrum of companies. In fact, it can include software and wireless providers, streaming services, semiconductor companies, cloud computing providers, gadget makers and more.
Head of LodeRock Research at LodeRock Advisors Inc., Greg McDonald, shares his thoughts on investing in technology. "The approach that I take with my own tech investing is with stocks that have business models that I think will be industry leading for a long period of time, without a lot of chance for competition," says McDonald.