Tech stocks are rising

The tech sector is filled with long-term growth stories that benefit from disruptive long-term trends, rather than cyclical ones that are hard-wired to macroeconomic cycles. Long-term secular growth trends that could destroy old markets:

5G communication networks
cloud computing
artificial intelligence
unmanned vehicles
electronic commerce
social networks
augmented reality.

The widespread adoption of 5G networks will allow cloud services to deliver data at a faster rate, allowing companies to collect and process more data, automate their industrial machines more efficiently, and provide more local software as a service.

Acceleration will support the growth of cloud gaming platforms, make self-driving cars and drones more efficient, and pave the way for new jobs that rely more on knowledge.

Reliable long-term stocks that will rise on these trends:

Amazon (NASDAQ:AMZN), the world’s leading e-commerce and cloud platform company;
com (NYSE: CRM), pioneer of cloud-based customer relationship management (CRM) services;
Taiwan Semiconductor Manufacturing (NYSE: TSM), the largest and most advanced chip manufacturer;
online payment giant PayPal Holdings (NASDAQ:PYPL)