The S&P 500 stock index realigned its sector lineup recently, which impacted the technology and telecommunications sectors most drastically. Founding Principal Stephen Lee spoke with Debbie Carlson of U.S. News & World Report about the new communication services sector, noting “the telecoms sector was something that I think a lot of investors thought of … as a safe place to put money and get dividend yield. And this sector is very different than that sector was.” Stephen continued, “and it reflects, we think appropriately how communications is changing.”