The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world such as Apple Inc. (AAPL), Alphabet Inc. (GOOGL), and Microsoft Corp. (MSFT). Tech stocks, as represented by the Technology Select Sector SPDR ETF (XLK), have dramatically outperformed the broader market over the past 12 months, providing investors with a total return of 45.5% compared to the S&P 500's 22.6%. These market performance numbers and the statistics in the tables below are as of February 21. Read More...
The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world such as Apple Inc. (AAPL), Alphabet Inc. (GOOGL), and Microsoft Corp. (MSFT). Tech stocks, as represented by the Technology Select Sector SPDR ETF (XLK), have dramatically outperformed the broader market over the past 12 months, providing investors with a total return of 45.5% compared to the S&P 500’s 22.6%. These market performance numbers and the statistics in the tables below are as of February 21.
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