statue_smudge@lemmy.worldtoYou Should Know@lemmy.world•YSK: wefwef is a web app that look very similar to Apollo and works on both android and ios
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1 year agoIt also works on iOS
It also works on iOS
Kind of, because those sectors are widely known to not be growth-oriented. There is only so much demand for electricity for example.
At one point that was probably a growth sector, but now it is ubiquitous. Perhaps someday some tech stocks could be focused on dividends rather than infinite growth.
Not every stock has to be a growth stock, their value can be based on expectations of future dividends.
However, tech stocks are priced assuming growth, so the owners would lose a lot of money if it becomes clear that growth is no longer possible.
Why not just call it a community?