Technology stocks have been top performers in recent years, but is there room for further gains? Senior research analyst Ehiwario Efeyini explains why the answer could be yes—and points to several other sectors where technology is creating new opportunities for growth.

Since the start of 2009, global technology stocks have performed better than the market over all, attracting a great deal of investor interest along the way. But the benefits of tech are also having a strong ripple effect on more "traditional" areas of the economy. And that's being seen in new and improved products as well as in the increased efficiencies and lower costs that often go hand-in-hand with innovation.

As of October 13, 2017

Past performance does not guarantee future results.

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This information discusses general market activity, industry or sector trends, or other broad-based economic, market or political conditions and should not be construed as research or investment advice. The investments discussed have varying degrees of risk. Some of the risks involved with equities include the possibility that the value of the stocks may fluctuate in response to events specific to the companies or markets, as well as economic, political or social events in the U.S. or abroad. All sector and asset allocation recommendations must be considered by each individual investor to determine if the sector is suitable for their own portfolio based upon their own goals, time horizon, and risk tolerances.

Investments focused in a certain industry may pose additional risks due to lack of diversification, industry volatility, economic turmoil, susceptibility to economic, political or regulatory risks and other sector concentration risks. Technology stocks may be more volatile than stocks in other sectors.

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"As many as fifty billion objects worldwide could be connected to the Net by 2020, and the data they generate is expected to double about every two years." Source: Cisco IBSG As of October 13, 2017
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