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Tech industry is booming. Investing in GAFA companies (Google, Apple, Amazon, Facebook) are seen as investing in ‘growth stocks’, where returns have been stellar and putting on smiles on investors’ faces. I wanted to create a stock index, measurement of a section of the stock market, and focus on the tech sector.
How did the GAFA index perform over the last 3 months?
2. Pick a list of stocks and relevant closing prices over time
4. Create stock ticker plot via plotly
5. Times Series Graph!
Conclusion
Although the tech industry seems to be booming and its stocks considered ‘value investing’, it matters when you should buy and sell, especially on short term basis.
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