3 Tech Stocks to Buy on the Dip, or You’ll be Kicking Yourself Later
For growth investors, technology-related companies have been a great place to park investment capital over the last decade. With new innovation, there’s been solid growth, which investors have paid handsomely for. Accordingly, for those seeking the best returns possible, focusing on top tech stocks to buy has been a winning strategy. However, this year, investors aren’t paying up for growth anymore. That’s because tech stocks have been hit hard as a result of the Federal Reserve’s aggressive interest rate hiking schedule. Unfortunately, with more in the way of hikes expected this week, more valuation compression for tech stocks could be on the horizon. That said, despite a macro environment that will likely remain bumpy, investors looking for long-term capital appreciation may want to start creating a new buy list. Here’s my list of three top tech stocks to buy on the dip, for those who don’t want to be kicking themselves later. AAPL Apple $157.89 GOOG Alphabet $102.56 MSFT Microsoft $244.05 Apple (AAPL) Source: askarim | Shutterstock The largest company by market capitalization in the world, Apple (NASDAQ: AAPL ) really needs no introduction.
3 Tech Stocks to Buy on the Dip, or You’ll be Kicking Yourself Later
For growth investors, technology-related companies have been a great place to park investment capital over the last decade. With new innovation, there’s been solid growth, which investors have paid handsomely for. Accordingly, for those seeking the best returns possible, focusing on top tech stocks to buy has been a winning strategy. However, this year, investors aren’t paying up for growth anymore. That’s because tech stocks have been hit hard as a result of the Federal Reserve’s aggressive interest rate hiking schedule. Unfortunately, with more in the way of hikes expected this week, more valuation compression for tech stocks could be on the horizon. That said, despite a macro environment that will likely remain bumpy, investors looking for long-term capital appreciation may want to start creating a new buy list. Here’s my list of three top tech stocks to buy on the dip, for those who don’t want to be kicking themselves later. AAPL Apple $157.89 GOOG Alphabet $102.56 MSFT Microsoft $244.05 Apple (AAPL) Source: askarim | Shutterstock The largest company by market capitalization in the world, Apple (NASDAQ: AAPL ) really needs no introduction.