The current rally, which has pushed the Nasdaq up over 30% this year and has the venerable S&P 500 up close to 15%, has many old-timers reliving the late 1990s and early 2000 dot-com tech explosion and meltdown, which was fueled by the nascent internet coming into our lives.
While the current rally is not fueled by “eyeballs” as the dot-com era was, and the companies involved in the recent melt-up make huge profits, the main question for many investors is when will the rest of the market catch up, as the seven tech-driven technology companies that now all have reached the $1 trillion market-cap club, have supplied almost 95% of the upside for the Nasdaq and the S&P 500.
Whether the market breadth catches up or continues to lag should not deter aggressive growth investors from adding these seven top stocks, all of which are Buy rated across Wall Street.
This post appeared at 24/7 Wall St.