Big tech stocks have been plummeting – just as we predicted: But here are four cheap as chips ways to profit from investing in technology
No one can doubt the might of US technology giant Apple. More than a billion of us are hooked on its sleek devices and there are few places in the world where its ubiquitous chomped-apple logo would not be recognised.
But can the company really be more valuable than all of the 100 biggest UK companies combined – as its recent share price indicated? This is the question now facing investors in Apple and other tech giants.
On the one hand, there is no question that these companies are reshaping our world.
Cheap as chips: In recent days, shares in some tech companies have fallen sharply as nervous investors cash in their holdings
Google has a near-monopoly on internet search, Netflix has kept hundreds of millions of us entertained during lockdown, while Amazon has made shoppers come to expect that almost anything they desire can be delivered at the click of a button.
Yet, as Apple's share price has doubled in value in the past six months and other tech titans have seen similarly astronomical share price growth, investors have started to question whether big technology shares are now overpriced.
In recent days, shares in some tech companies have fallen sharply as nervous i ..
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