TECH STOCKS ADOBE AND SALESFORCE BEATEN BY WALMART AND HERSHEY – FOBO (NOT FOMO) HITS TECH HEAVY PORTFOLIOS HARD
By Nigam Arora
To gain an edge, this is what you need to know today.
Tech Heavy Portfolios Hit
Please click here for a chart comparing Walmart (WMT), Hershey (HSY), Adobe (ADBE), and Salesforce (CRM) stocks.
Note the following:
- The chart shows year to date, stocks of retailer Walmart and chocolate maker Hershey have beaten popular tech stocks Adobe and Salesforce by a wide margin.
- HSY has beaten ADBE by 46.31%.
- WMT has beaten ADBE by 33.91%.
- HSY has beaten CRM by 49.89%.
- WMT has beaten CRM by 37.49%.
- Momo crowd portfolios are highly concentrated in speculative tech because the momo crowd is driven by hype that often surrounds speculative tech.
February 10, 2026