Seems like there are so many branches to technology right now. AI has so many branches all by itself, with chip companies, chip manufacturers, hard drive companies, memory companies, and then all the construction companies, energy companies, and all wrapped up in how AI is going to change the world. There are some of the software companies that are not even making money and yet they are getting investors.
But then there are the Quantum Computing folks as well. Is that going to be the next big thing? What about Nuclear Power? What about mineral miners?
I spent years in Information Technology and have been in computers since the late 1980’s, so all that technology stuff is fascinating to me, and I am spending a lot of my time watching all those companies. But then there is all this talk about a bubble. People keep comparing today to the “dot-com” bubble days. I remember those days. A lot of people lost a lot of money. There are some similarities to what is happening today, so I am keeping my options open!
I’ve actually started looking around for stocks that have nothing to do with technology, except maybe those who use it efficiently. But I’m looking more at food companies, (just the foods I like!) and local companies that I can feel good about supporting. Newell is one that I like too, they make Sharpies, and NUK baby pacifiers, not to mention a device I use every morning (Mr. Coffee).
It’s hard on me not to want to jump on board with the tech companies though. It’s just familiar ground for me. But I’m trying.
