Kevin Kelly, Benchmark Investments managing partner, discusses the volatility in tech stocks and his options strategy with Bloomberg’s Julie Hyman on “Bloomberg Markets: The Close.”
The Nasdaq 100 is in the advantageous position to grow margins, earnings, and top line growth as transition to data centers and cloud takes hold. Nasdaq 100 top ten constituents are dominant players in the cloud as chip and service providers. Cisco predicts by 2021 that 94% of all compute workloads will be by cloud data centers.
Kevin Kelly watches technology as he serves as the Index Portfolio Manager for SRVR – The Benchmark Data & Infrastructure Real Estate SCTR℠