A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, January 24, 2020.
Lucas Jackson | Reuters
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The tech-heavy Nasdaq Composite has erased its 2020 losses and turned positive on the year, lifted by companies whose online businesses proved resilient amid the coronavirus lockdowns.
After a strong four-day winning streak, the Nasdaq was able to climb into positive territory on Thursday, rebounding more than 30% since late March. The S&P 500 information technology index has also eked out a 1.9% gain year to date, versus a 10% loss for the S&P 500 this year.
For investors wanting to bet on the sector, here are the names Wall Street favors the most.