INVESTING IN THE TECH SUPERSTARS
TECH COMPANIES LIKE AMAZON, APPLE, GOOGLE AND FACEBOOK HAVE CHANGED THE WAY WE WORK, SHOP, LIVE AND PLAY. HERE'S YOUR GUIDE TO INVESTING IN THESE WORLD-FAMOUS HOUSEHOLD NAMES.
equity investors in South Africa tend to think they are limited to the few hundred shares trading on the JSE. In fact, they can invest in any share on any major exchange in the world. The most alluring and obvious offshore investment options are the fast-growing big tech stocks – Amazon, Apple, Alphabet (Google) and Facebook – as one of the only local options is to invest indirectly in Chinese internet group Tencent via Naspers*.
“They are rapidly growing companies with inherently high margins.”
“What many investors get wrong is that they think these stocks are expensive from a valuation perspective,” says Coronation Fund Managers’ global emerging markets analyst Marc Talpert. “But they are rapidly growing companies with inherently high margins.
“The tech sector is hugely disruptive and it is important to understand the effect on other industries like retail.” It may not be as evident in SA, but in the US, “the rate of store closure is phenomenal at the moment”.