# Prof. Aswath Damodaran on the growth of technology stocks

1 Faculty News March 3, 2015 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://blogs.wsj.com/economics/2015/03/03/the-last-nasdaq-5000-was-happier/) -- “Technology is now the largest single slice of the equity market,” \[[Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran)\] writes. “Just as growth becomes more difficult for a company as it gets larger and becomes a larger part of the economy, technology collectively is running into a scaling problem, where its growth rate is converging on the growth rate for the economy.”

[Read more](http://blogs.wsj.com/economics/2015/03/03/the-last-nasdaq-5000-was-happier/)