Last year, tech stocks largely rebounded after the challenges of 2022, as evidenced by the fact that the tech-heavy Nasdaq Composite outperformed the two other major U.S. stock market indexes. Naturally, many tech stocks performed in line -- or even better -- than the Nasdaq, but others weren't so lucky.

Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) was one of those that did well, while the online learning specialist Chegg (NYSE: CHGG) wasn't so fortunate in 2023. Investors should expect more of the same for these companies this year, which is why Alphabet looks like a solid buy and Chegg is best left alone.

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Source Fool.com