The best stocks over the last century are tech companies
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The best investments over the past 100 years? Almost all are tech companies, a long-running study shows.
PHOTO: ROB DOBI/NYTIMES
Jeff Sommer
When you step back and look at the stock market over the last 100 years, what you will find is that a tiny group of publicly traded companies has accounted for nearly all of the profits for investors over the entire century.
Most of the top performers are tech companies, headed by Apple, Nvidia and Microsoft. What’s startling is that both Tesla and, if only briefly, SpaceX, two of Elon Musk’s companies, have muscled their way into that list of superb performers.
