Technology companies are still sitting on cash hoards that can be deployed in ways to improve value with investors. We are already seeing an increase uptick in company share buybacks and tech firms are now even issuing dividends.
The industry continues to grow through innovation as more shift to cloud, progress into artificial intelligence and adopt internet of all things devices.
“To be sure the Vanguard ETF charges a slightly lower fee and has slightly better trailing performance over pretty much every period through June 19, but the real reason behind the flow disparity has more to do with the investors that use them. Vanguard investors have a reputation for sticking around in ETFs longer than average,” according to Barron’s.
For more news and strategy on the Technology market, visit our Technology category.
Tom Lydon’s clients own shares of Apple and Facebook.