Goldman says these are the biggest threats to the dominant 5 tech stocks
Middle East
- Date: 10-May-2021
- Source: CNBC
- Sector: Financial Markets
- Country: Middle East
Goldman says these are the biggest threats to the dominant 5 tech stocks
The so-called FAAMG stocks — , , , , and Google-parent — have evolved into dominant juggernauts in the market, but Goldman Sachs is warning about a few threats to the high-flying group. Investors are wondering if there will be a reckoning that causes a shift in the market leadership of these five names. Overall, Goldman Sachs does not see these technology darlings falling out of favor anytime soon. However, the group faces a handful of threats. High market concentration, changes in the tax code, rising interest rates, lofty valuations and intervention from regulators are Goldman's top concerns for the beloved FAAMG names.