See Big Opportunity in Digital Transformation: Franklin Technology Fund

The video discusses the challenges and opportunities in the tech sector, focusing on digital transformation. It highlights the struggles of legacy tech companies with low growth prospects and the potential of top holdings like Microsoft and Amazon. The role of Visa and MasterCard in digital payments is explored, along with the unique position of Alibaba and Tencent in China. The video also addresses market rotation and the resilience of digital transformation-focused companies.

What is a key reason for the low growth prospects of some tech companies?

• They are focused on e-commerce.

• They are heavily invested in digital transformation.

• They are tied to on-premise and legacy software spending.

• They have high multiples.

Which company was surprisingly mentioned alongside Microsoft, Alibaba, and Amazon?

• Google

• MasterCard

• Facebook

• IBM

What is the primary role of Visa and MasterCard in the digital payment landscape?

• They are the only fintech solutions available.

• They enable digital payments outside of China.

• They are the main payment platforms in China.

• They are not involved in digital payments.

How have Alibaba and Tencent differentiated themselves in the payment sector?

• By creating their own payment platforms.

• By avoiding digital transformation.

• By partnering with Visa and MasterCard.

• By focusing solely on e-commerce.

Which companies are highlighted as being resilient to central bank policy changes?

• Google and Facebook

• Workday, Salesforce, and ServiceNow

• Apple and Samsung

• IBM and Oracle