By Ali Unwin, Chief Technology Officer & Fund Manager at Neptune
Earnings season is noisy in the technology sector and a good quarter does not make a good investment. Numbers that come in marginally ahead or behind ‘market expectations’ are extrapolated to produce narratives showing the rise or fall of companies. Our job as technology investors is to pay closer attention to longer-term trends that are far more meaningful in terms of each company’s future prospects: competitive position, pricing power and sustainably growing cashflow streams.
Important information: Investment Risks
The value of an investment and any income from it can fall as well as rise and you may not get back the original amount invested. Forecasts and past performance are not a guide to future performance. Any forecasts, projections or targets are to provide you with an indication only and should not be relied upon. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. Investments in emerging markets may be higher risk and more volatile than investments in developed markets. References to specific sectors are for illustrative purposes only.
The content of this article is formed from Neptune’s views and we do not undertake to advise you as to any change of our views. Neptune does not give investment advice and only provides information on Neptune products. Please refer to the fund prospectus for further details.