The Globe and Mail Gillian Livingston Published December 17, 2020
Mark Blinch/Reuters
Technology stocks may have led the way through the COVID-19 pandemic, but it will be commodity and more traditional stocks – bolstered by a timely rollout of coronavirus vaccines and ongoing government financial support – that will shine in the year ahead, several investment experts predict.
In 2020, growth stocks like the “FAANGs” – which includes Facebook Inc. (FB-Q), Apple Inc. (AAPL-Q), Amazon.com Inc. (AMZN-Q), Netflix Inc. (NFLX-Q) and Google LLC, whose parent is Alphabet Inc. (GOOG-Q) – skyrocketed as everyone turned to technology to keep businesses going. That left more traditional and value stocks in the dust.