2024-05-26 05:22:00 ET
Technology stocks have outperformed the broader market handsomely over the last decade -- illustrated by the fact that the Nasdaq-100 Technology Sector Index clocked a gain of 421% over the period compared to the S&P 500 index's 178% rise. The outperformance isn't surprising. Tech companies tend to benefit from disruptive trends, which allows them to deliver outsized growth.
The top tech stocks , such as Nvidia (NASDAQ: NVDA) and Amazon (NASDAQ: AMZN) , have far outpaced even the Nasdaq-100's performance in that timespan, giving long-term investors' portfolios a big boost.
For further details see:
2 Top Tech Stocks That Could Make You a Millionaire