Fisher Investments Press has released the latest in the Fisher Investments On series, Fisher Investments on Technology. Fisher Investments on Technology is a fairly comprehensive guide for investing in the Technology sector, providing historical background and perspective, major discoveries in the sector, overview of the global technology landscape and major economic and political drivers that could have effects on stock pricing and valuation.
Fisher Investments on Technology is broken up into three parts. In part I, readers receive an introduction to the Technology sector, with a ‘just the facts’ approach to understanding the basics of this sector. Investors get a brief overview of the history of Technology, and milestones/major developments, and sector-level drivers that could have influence over stock pricing and performance.
In the “Next Steps: Technology Details” section, readers explore the Technology sector in depth – including the global universe of Technology stocks. Here, Fisher Investments on Technology highlights the three industry groups, eight industries and sixteen sub-industries that comprise the full sector, and explains the global economy’s potential impact on each.
Fisher Investments on Technology wraps up this sector guide with the section “Thinking Like a Portfolio Manager,” which helps readers make sense of the sector in economic terms. This section was written to allow investors to leverage a top-down investment approach and individual stock analysis when creating a portfolio that includes stocks from the Technology sector. Below is a modified excerpt from Fisher Investments on Technology:
“The Technology sector is characterized by constant innovation and upgrade cycles where research and development is paramount. Most often, these innovative ideas or technologies come from narrow, focused areas. However, every now and again a new technology or product has the ability to drive broad demand and thus performance across the aggregate sector. The Internet is a perfect example. The advent and rapid adoption of the Internet through the 1990′s shifted the way society and businesses function. It created massive demand for the wiring, routers, switches, and computers that make up the Internet infrastructure.”
Like the five sector guides before it, Fisher Investments on Technology strives to help all investors – from the novice to the professional – understand how the sector works and how to make the sector work for their investment portfolio and financial goals. This is an excellent addition to any investor library, and a must-read for those wanting to learn more about the Technology sector. For more information on Fisher Investments Press, the Fisher Investments On series, or Fisher Investments
