9 Tech Stocks That Sit Atop the Mountain
by Dana Blankenhorn, Contributing Writer, Kiplinger.com
Jul 09, 2018
3 minutes
There is a rule in technology called the 90-9-1 rule, and it usually holds true. Leading tech stocks tend to dominate 90% of the market, the second-place company gets 9%, and everyone else scraps for the remaining 1%.
If you're an investor, the rule is simpler: Go with the winner.
This is where we get the word "WinTel" from. WinTel described the virtual PC monopoly held by the Microsoft () Windows operating system,) hardware, 20 years ago. You could have owned Apple () in 1994, or Advanced Micro Devices (), but in terms of the market as it was at the time, you would have been wrong.
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