Most market commentators believe that the valuation of a growth stock reflects the likely future growth rate of the company. Stocks trading at above average earnings multiples are expected to grow at above average rates.
Potential for sharp dips
Investors should not lump them together
Offers access to three FAANGs
'Tech shares are very near their peak'
Succession of worries
Increased revenues thanks to iPhone X
Seeing increasing dispersion
Continuing Square Mile's series of informal interviews
The theme of disruption is one which excites considerable interest among investors, perhaps because many want to capitalise on 'the next big thing' and avoid disrupted companies and sectors.
Enormous gains since listing
Both in US & UK market
Could 'fix a host of failings'
How long can performance last?
Strong earnings in tech
Helped by platforms
The mega-cap FAANG (Facebook, Apple, Amazon, Netflix and Google/Alphabet) stocks seem to be gathering strength and competitive dominance as they grow in size.
Opportunities in e-commerce
Many worry tech stocks are becoming pricey
Investment Week's US Crib Sheet: All the best articles, infographics and videos from across the industry
Investment Week highlights a range of interesting articles on issues including the impact of a Trump presidency, should investors fear a US recession and the rise of robo-advisers.
Multi-asset managers tell Investment Week their current US positioning in the face of further market volatility as interest rate rises and the presidential election loom later in the year.
Natalie Kenway reports from San Francisco on the companies that are planning for a future of electric vehicles, anti-ageing technology and 3D printed limbs, with their growth posing a serious threat to older rivals.
Strong fundamentals in Cisco and Microsoft