2 Top Tech Stocks to Buy During a Recession
According to many market analysts, it's high time to prepare for a recession. That doesn't mean you should panic, sell all your stocks, and hunker down in a fallout shelter with three pallets of canned tuna. Instead, it's actually time to get excited about the upcoming opportunity to buy amazing tech stocks at once-in-a-decade discounts.
You see, the tech sector often takes a harder hit than the rest of the stock market when times are tough -- and that's true even for the cream of the crop, the best of the best, the top of the heap. Buying future winners on the cheap will set you up to make serious money when the economic crisis has passed.
Many of the big winners in the recovery will be brand new to us. Some are today's humble start-ups with big ideas that will work wonders in the next bull market. Others will be the top-notch tech giants we know today, resaddled to ride on in a whole new market environment. Certain companies in both categories are likely to take massive price cuts while the recessionary storm is blowing, only to soar much higher in the years and decades to come.
Source Fool.com
