Let’s face facts: the tech sector is pretty sexy. It’s dynamic, fast moving and full of excitement.
As a result, it’s often seen as a place for investors to find high growth from their portfolios. But driving all the new mobile devices, cloud computing, renewable energy and self-driving electric cars is some pretty boring stuff. And we are talking about something even more dull than analog semiconductors.
That’s right, batteries. Good old-fashioned batteries.
Demand growth for batteries of all stripes has surged as the tech revolution has entered a new phase. For more conservative investors, the big bet in boring old batteries could be the slam-dunk play on the rise of technology without the normal volatility associated with the sector.