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Furthermore, increasing demand for advanced tech products and services amid accelerating digital transformation across industry should keep driving the growth of the technology sector. Indeed, according to GoRemotely, the U.S. tech industry is expected to hit a $5 trillion market value by year’s end.
Given the industry’s solid growth prospects, we think the shares of tech giants Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (GOOGL), and Facebook, Inc. (FB) could see a price breakout in the near term.
