In today's climate? Yes. To give you an idea:
The overall market is being carried by 5 companies...all "tech" companies:
https://www.putnam.com/advisor/content/perspectives/7816
And most of the high growth SaaS companies are up YoY...by a lot:
https://imgur.com/a/xjI3JBD
Wall st is foaming at the mouth to buy up more of these companies.