Buy Hold Sell, by Livewire Markets
Business:Investing
It's been a tough year for the global tech giants. After running hard 2020 they were met with a sharp sell-off in March and the NASDAQ composite fell 10.5% in less than a month. This week we saw the story turn from bad to worse as the mention of inflation from Treasury Secretary Janet Yellen kicked off another sell-off across the tech-heavy index.
We know that these companies won't stay on top forever, but who will replace them when they do fall? We sat down with experts to find out.
Global growth fundies Nick Griffin from Munro Partners and Alex Pollak of Loftus Peak join Bella Kidman to weigh in on which companies could soon replace the FAANG stocks. These include Roku, a platform allowing cord-cutters to access streaming services from their TV; Deere & Co, the tractor-maker revolutionising the agricultural industry; Crowdstrike, the leading provider in cloud-based cybersecurity; and Twilio, a cloud communications business, providing companies like Uber with their in-app messaging system.
Plus, our fundies each share their top stock set to be the next global leader.
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