The '90s Are Back in This Tech ETF
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Nirvana. Seinfeld. Michael Jordan. Who doesn't love the 90s?
Turns out the hot names of the '90s are in again when it comes to investing in the technology sector. Those young '90s tech companies have matured into more stable adults with tons of cash. Companies like Microsoft Corp. (MSFT ), Cisco Systems Inc. (CSCO ), Oracle Corp. (ORCL ) and Intel Corp. (INTC ) have held up amidst a tech stock selloff that has the Global X Social Media ETF (SOCL ), filled with new-generation players like Facebook Inc. and LinkedIn Corp., stumbling 18 percent in the past month. That has many investors thinking about going retro and playing it safer with their tech exposure.