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04.09.2020

STOCKS AS A GIFT

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High-tech companies being the market leaders even before the pandemic, today become even stronger.

The five IT giants, Facebook, Microsoft, Apple, Google, Amazon are more than 4 times ahead of the other companies in the DJIA, S&P 500 and Nasdaq major indices.This trend will continue for the foreseeable future.

Tesla shares have surged almost 7 times since the end of March thanks to positive financial and operational background. Additional drivers such as forecasts for an increase in the range of electric cars without recharging, and optimism regarding Elon Musk's programs, SpaceX and NeuraLink, also played major role. Tesla's recent 5:1 stock split following Apple's example, has further boosted investor demand.

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