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Technology stocks are trending big-time as investors latch on to innovative companies racing ahead in a slow-growth world.The tech-heavy Nasdaq is the best performing U.S. stock index this year, gaining 6 percent as the Standard & Poor's 500 and the Dow Jones Industrial averages have wavered between small gains and losses.Revenue at business software company Salesforce.com, which hasn't released its second-quarter figures yet, has tripled over the last five years.The average price-earnings ratio, a measure of how much investors are willing to pay for each dollar of earnings, is 16.2 for tech companies in the S&P 500 .Even after a 19-fold increase in the price of Apple's stock during the past decade, it's difficult to argue that it costs too much. The P/E for Apple's stock is 11.7, considerably less than the average tech company and the overall market.Microsoft has a 2.6 percent dividend yield, which measures how much a company pays in dividends compared to its stock price.
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