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2 Top Tech Stocks Ready for a Bull Run

TheMotleyFool

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Technology stocks have had a difficult time on the market so far in 2022, with the Nasdaq-100 Technology Sector index losing more than 10% of its value year to date over various concerns, especially a tightening Federal Reserve policy that is expected to result in five to seven Federal funds rate hikes this year to combat surging inflation.

This tech sell-off has led to a sharp pullback in the price of high-growth companies such as Advanced Micro Devices (NASDAQ: AMD) and Twilio (NYSE: TWLO). But the good news is that both companies recently reported solid quarterly results that have helped their stocks regain some of the lost ground.