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Top 6 Technology Stocks for Long-Term Investors (No FAANG Stocks) — Weekly Top Picks

The overall market remained positive over the last week. The Canadian TSX Market Index closed on Friday at 16,225, weekly positive up by 1.3% and 0.1% YTD. Over the last week, S&P 500 went up by 0.8%, reaching its new heights, while NASDAQ was down by -0.3%. Canadian Retail Sales were observed to rose by 0.1% month-on-month basis. 🛍 Internationally, the Euro Zone’s flash composite PMI fell 0.3 points in September to 54.2, the second weakest print since 2016. 🇪🇺 Noteworthy market highlights Health Sector fell the most among the sectors in the TSX Composite Index. Cannabis producing  Companies led the Healthcare sector down by 2.4% while Aurora Cannabis was up after Coca-Cola said it was looking into making cannabis-infused drinks. 🌿👨‍⚕️ FAANG & Technology stocks In July, media reported that Amazon, Netflix and Microsoft together this year were responsible for 71 percent of S&P 500 returns and for 78 percent of Nasdaq 100 returns. Microsoft isn’t part of the FAANG but it’s following the trend. FAANG continue to rock the S&P 500. 🍏 Tech stocks continue to grow higher as Apple became the first Trillion dollar company and Amazon is on course to become the next one. Some experts […]