Biden tax hikes could hammer 5 tech stocks that have surged by $5 trillion in value: Goldman

Biden tax hikes could hammer 5 tech stocks that have surged by $5 trillion in value: Goldman

The FAAMG stock complex [Facebook, Apple, Amazon, Microsoft and Google] has been one of the best investments of the past five years amid the incredible advances in technology that have powered massive bottom line gains for the biggest of the biggest in tech. 

But the heady quarterly earnings gains for the likes of Facebook, Apple, Amazon, Microsoft and Google that investors have come to know and love may be at risk of a sharp cool-down if the Biden administration's various tax hikes kicks in next year, Goldman Sachs chief U.S. equity strategist David Kostin warns.