We all remember 2021 and the huge growth of the big tech companies. But according to analysts, we're going to take a break from these big growths for a while. The big tech stocks will be replaced by something else.
2021 was the year of technology companies. Pretty much any tech company you bought, you got a nice growth spurt. But analysts say there could be a new order, and technology companies could replace traditional value stocks at the top. Why is that? Let's take a look.
Year 2021
To get a good understanding of why this might be the case, we need to break down two very different situations. For the first situation, I have chosen the year 2021. This year undoubtedly belonged to technology companies. You could say that in this year you could buy any technology company and it still grew. Investors didn't even mind that some technology companies didn't generate any money.
Why was that? Quite simply, the environment in the economy was conducive to this. Interest rates were around zero, so…