Worried About a 2021 Stock Market Crash? These Tech Stocks Are Safe
The market is still hovering near all-time highs even as the pandemic rages on, unemployment rates remain elevated, and political chaos ripples through Washington. Some investors might attribute that optimism to the rollout of new vaccines and expectations for less political turmoil under the Biden Administration, but the aftershocks of the pandemic could still derail this euphoric market.
Tech outperformed many other sectors last year as the usage of cloud services, online software, and e-commerce soared throughout the COVID-19 crisis. But that enthusiasm also propelled many tech stocks to unsustainable valuations -- and those bubbles could easily pop during a market downturn.
Image source: Getty Images.
Source Fool.com