2 Tech Stocks to Buy After the Recent Sell-Off
It's been a rough couple of weeks for tech investors. In early March, the tech-heavy Nasdaq Composite entered correction territory, meaning the index was down over 10% (but less than 20%). While the market has recovered slightly, volatility remains high, and many tech stocks are still trading well below their 52-week high marks.
For instance, Lemonade (NYSE: LMND) and The Trade Desk (NASDAQ: TTD) are down 48% and 24%, respectively. But nothing fundamental has changed about either company. Instead, rising yields have made bonds more attractive and stoked concerns about inflation, both of which have led investors to pull money out of stocks.
Despite these headwinds, this looks like an opportunity for long-term investors to buy a few shares of great companies at a discounted price.
Source Fool.com
