Why Invest in Tech Space?

1 min read | August 26, 2020 12:00 PM AEST | By Team Kalkine Media

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Why Invest in Tech Space?

Investors looking at beefing recession-proof portfolio may look at virus-immune technology space for consistent blue-chip growth and reliable dividends.

Technological adoptions like AI, cloud computing, blockchain, IoT, and data science trends appear to be the ‘new normal’ across various themes.

Fintech space seems to be sitting on a gold mine, with BNPLs experiencing a surge in merchant and transaction volumes.

S&P/ASX All Technology Index launched in February 2020 has outperformed Dow Jones U.S. Technology Index in reviving from March crash:

Dow Jones U.S. Technology Index: ~68 %

S&P/ASX All Technology Index: ~105 %.

#Investing #ASX #Tech #Kalkine

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