6 Leading Tech Companies Average 352% ROI in 5 Years

Recent data has shown that stocks of six leading technology rose by 352.23 percent on average between September 4th, 2015 and September 4th, 2020.

In the data compiled by Buy Shares, Amazon led with the highest Return on Investment (ROI) at 560.24 percent in the period under review.

Alphabet came second with 164.86 percent ROI.

The price of Amazon stock jumped with an increase in online shopping during the COVID-19 pandemic. Global shoppers turn to online shopping to meet their daily needs and at the same avoid contracting the deadly virus.

According to the research: “Moving into the future, factors like slow economic growth, low inflation, and low-interest rates will positively impact technology companies. However, despite favorable conditions, technology stocks are still vulnerable to a short-term correction. With the recent stock market crash due to the pandemic, the tech stocks remained resilient rallying the rest of the market.”

The sector (technology) comprises of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology.

Stock Performance of Six Leading Technology Companies in 5 Years