This year's unprecedented market conditions have highlighted some of the problems with making rigid distinctions between growth stocks and value stocks. 2020 has also highlighted the incredible momentum and market-shaping power of the tech sector.
Despite playing host to many companies with highly growth-dependent valuations, tech has proven more resilient than any other industry amid the uncertainty and volatility created by the coronavirus pandemic. Take a look at the performance of the Nasdaq 100 Technology Sector index compared to the S&P 500 index and the DJIA to put this in perspective: