A View On Valuations When Investing In Innovation

Watch Franklin DynaTech Fund portfolio manager discuss innovation.

    Matt Moberg

    Matt MobergPortfolio Manager, Franklin DynaTech Fund

    Matt Moberg discusses the powerful growth drivers that may help companies grow into valuations and where his team is finding opportunities.


    WHAT ARE THE RISKS?

    All investments involve risks, including possible loss of principal. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions. Investing in fast-growing industries, including the technology sector (which has historically been volatile) could result in increased price fluctuation, especially over the short term, due to short product cycles, falling prices and profits, competition from new market entrants and development and changes in government regulation of companies emphasizing scientific or technological advancement as well as general economic conditions. Growth stock prices reflect projections of future earnings or revenues, and can, therefore, fall dramatically if the company fails to meet those projections.