The "Fab Five" Tech Stocks Are All Pushing Toward $1 Trillion. Is It Another Tech Bubble?

As the market opened today, the "Fab Five" tech stocks were all at or near all-time highs. That's Facebook Inc. (Nasdaq: FB), Inc. (Nasdaq: AMZN), Microsoft Corp. (Nasdaq: MSFT), Alphabet Inc. (Nasdaq: GOOGL), and Apple Inc. (Nasdaq: AAPL). We can also throw in Tesla Inc. (Nasdaq: TSLA) for good measure, which opened the day at $338 per share and a $57.75 billion market cap.

The Fab Five alone have accounted for 40% of the S&P 500's market cap gains in 2017. Now the question on investors' minds is whether one of these stocks could be valued at $1 trillion in the near future. Apple is now valued at over $800 billion - more than the GDP of Switzerland. Alphabet is up to $680 billion, and the other tech giants aren't far behind.

That could evoke memories of the dot-com bubble of the late 1990s. But Money Morning Chief Investment Strategist Keith Fitz-Gerald says it's very, very different. Find out why Keith thinks this is the "finest example of capitalism most people are going to see in a generation."



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