facebookDo you feel that Tech stocks like Google (Alphabet) and Facebook are a buy during this COVID-19 period? Because of the long term growth potential? - Seedly

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Anonymous

04 Aug 2020

General Investing

Do you feel that Tech stocks like Google (Alphabet) and Facebook are a buy during this COVID-19 period? Because of the long term growth potential?

Is this a must buy? What would be the pros and cons?

Discussion (3)

What are your thoughts?

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Colin Lim

28 Apr 2020

Financial Services Consultant at Colin Lim

HI these tech stocks are good because they are in our daily lives... unless some companies can beat them...otherwise they are here with us.. they have the growth potential for long term...facebook have been enbroiled with many news like privacy and etc...you must be prepared for these types of news which may cause their stock to plumment.

however i would like to point out is that both of these stocks share price are quite high...unless you have the budget... if not u can look into tech funds.. purely focusing on tech companies.

You can reach out to me to find out more.

#planwithcolin

Definitely! Ultimately you are buying into their businesses, will be good to look at the prospectuses to evaluate the financial standing. But in terms of potential, there are heaps. The COVID-19 era has proven the need for technology to innovate, whether its for businesses or for social interaction. Flying cars with robot drivers? Who knows? Haha.

Financial planning is an integral part of life. You can find me at this platform to find out more!

Pang Zhe Liang

28 Apr 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

We need to understand the fundamentals of the company and its capability to grow in the future. Gene...

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