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Beyond The Zulu Principle: Extraordinary Profits from Growth Shares by Jim Slater

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17. Technology Stocks

No book on growth shares would be complete without a chapter on technology. The Americans dub the high-tech sector ‘the market that beats the market’, reflecting the breathtaking way their technology stocks have outperformed the market as a whole. Since 1990, many stocks have increased in price more than ten-fold and still seem to have plenty of go left in them.

You can readily see why American investors are so enthusiastic about technology stocks and why there is an increasing interest in them in the UK. We have had a few high-flyers too, but the shares of our star performers tend to be much smaller and more illiquid than their American counterparts. Nevertheless, technology is the sector of the future and no growth ...

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