# Professor Aswath Damodaran explains why investors are turning to Big Tech stocks amid the coronavirus crisis

1 Faculty News August 19, 2020 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](https://www.nytimes.com/2020/08/19/technology/apple-2-trillion.html) -- “'It’s become the new flight to safety,' [Aswath Damodaran](https://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a New York University finance professor who studies the stock market, said of investors flocking to Big Tech. Companies that are rich, flexible and digital are benefiting in the pandemic — and that describes the tech Goliaths, he said, adding, 'This crisis has strengthened what was already a strong hand.'”

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