The NASDAQ-100 is widely followed as a measure mainly of the big tech and social media stocks that make up the index.

Nick Kalivas of Invesco suggests a growth strategy that lowers investors’ risk from the S&P 500’s Big Tech concentration.

It even dwarfed the returns of the Nasdaq Composite index in a year the index itself ... Enough opportunity can trump a high P/S. One chart might help explain. Image source: Statista.