2 Stocks Down 50% and 83% to Buy Right Now
Winning investments in the technology sector have been hard to come by in 2022. The S&P 500 index is down roughly 15.5% year to date, and the even more tech-heavy Nasdaq Composit index slumped 28% across the stretch. Portfolios have been hit hard, but market volatility is also creating worthwhile opportunities.
Read on to see why two Motley Fool contributors identified these companies as top tech stocks to invest in on the heels of big pullbacks.
Keith Noonan (Amazon): Amazon's (NASDAQ: AMZN) share price has fallen 45% year to date and trades down 50% from the high it reached in July 2021. While macroeconomic pressures shaping the market at large and some headwinds impacting its business have depressed the company's valuation, the tech titan has tremendous optionality and is built for long-term success.
Source Fool.com
