The NASDAQ hit a new high two weeks ago, showing few signs of slowing down.
As of its close two Fridays ago, the tech index has soared by almost 130% since hitting its pandemic-driven low in March last year.
The remarkable surge in stock prices is not without merit.
Technology companies were among the main beneficiaries since the start of the pandemic as scores of the world’s population moved online.
Amid the rising share prices, you would not be wrong in thinking that the number of investment opportunities has dried up.
Yet, I would argue that there are still opportunities out there.
All you need is a little bit of patience — and a long-term view.
Skewed expectations
As the COVID-19 virus spread worldwide, a select group of companies found themselves in the right place at the right time.
Take Zoom Video Communications (NASDAQ: ZM), the poster child for the COVID-19 driven online boom....