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INVESTING GLOBALLY & PROFITABLY

Quality tech companies to drive 2024 returns

The largest US companies have strengthened their dominant positions. Investing in such high-quality companies remains a viable strategy for the long term.

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    • Big Tech companies such as Amazon boast strong brands, massive scale and high customer switching costs.
    • Big Tech companies such as Amazon boast strong brands, massive scale and high customer switching costs. PHOTO: REUTERS

    Zheng Bolun

    Published Tue, Jan 9, 2024 · 06:08 PM

    IN THE era of digital transformation, startups are often touted as having a significant edge over established giants due to their agility and streamlined operations. This agility allows them to innovate rapidly and adapt to evolving market trends.

    However, the prevailing reality challenges this perception.

    Contrary to popular belief, the largest US companies have strengthened their dominant positions over time, showing limited vulnerability to competition from smaller, newer players. Essentially, incumbents have become more, not less, secure.

    Investing Globally & ProfitablyBig Tech

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