Q1 is officially in the rearview mirror, wrapping up on a high note. Both the DJIA and the S&P 500 notched up gains, silencing the pessimists who had warned of a looming correction.
Based on what I’m seeing, I predict this will be another great year for tech. Why am I bullish on technology? Here are some fresh data points:
Additionally, I found it extremely interesting that the Zoom IPO totally eclipsed the IPO of Pinterest, which is a more widely-known brand. From my perspective, the success of the Zoom IPO shows the market understands that Zoom has raised the bar and set a new standard for an essential solution enabling real-time business collaboration.
I’m also delighted that Zoom, which is an HMG Strategy National Partner, has earned the recognition it clearly deserves. Zoom’s advanced technology takes traditional video conferencing systems into the cloud, making it a highly attractive solution for enterprise users.
That’s just a sample of data points supporting my view that 2019 will prove a superlative year for tech. As I’ve said and written about before, now is absolutely the best time to be a technology leader. The 21st century global economy is built on a foundation of technology, and the demand for new tech continues to grow. The fundamentals of this market are solid, and I predict another very strong year for our sector.
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