Big tech stocks are continuing their solid form, and that includes Facebook (FB) and Alphabet Class A (GOOGL). I am bullish on both stocks. Driving Forces Most know by now that tech stocks have outperformed the broader market since the start of the pandemic lockdowns, but few know why. Tech stocks outperformed for three fundamental reasons: increasing factor productivity, the prevalence of the Yardeni model, and continued growth versus value outperformance. Total factor productivity refers to the technology element in the economic growth equation, including capital and labor productivity.
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Alphabet (NASDAQ:GOOGL)
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