I’ve spent the start of this year reviewing how tech stocks have fared after the tumult of 2020. Unsurprisingly, many big names continue to thrive—especially companies like Facebook (still calling it that for now) and Amazon, which remain cornerstones of my portfolio. They both benefit from shifting consumer behavior: more online time means more ad revenue, more e-commerce, and more opportunities to innovate.
Recently read a piece on The Verge about how Amazon is expanding its logistics network even further. The broader market might be fluctuating, but Amazon’s willingness to invest in infrastructure suggests it’s looking far beyond immediate gains. It’s also a strong sign that the tech rally might still have legs, as investors reward growth in these companies.
As for Facebook, user growth continues steadily. Even with all the debates around privacy and regulation, the platform remains indispensable for advertisers. I’m keeping my eye on the rumored VR/AR devices they’re developing; it might redefine how we interact online. So while some folks are rotating into other sectors, I’m holding tight to these positions.
Sure, we have vaccine rollouts and “return to normal” conversations, but tech’s role in everyday life isn’t going backward. Remote work, online shopping, and digital entertainment are part of the new normal. In my eyes, that’s an ongoing catalyst for companies like Amazon and Facebook/Meta—which is why I’m still bullish on them going into 2021.