3 High-Growth Tech Stocks to Buy and Hold
Rising bond yields have sparked a rotation from growth to value stocks over the past two months. As a result, many tech stocks that dazzled growth-oriented investors throughout the pandemic stumbled as the market reassessed their high valuations.
It's prudent to take profits in some stocks that are pricing in too many years of unfettered growth, but it's also foolish to abandon disruptive tech companies that can still profit from long-term secular trends.
Let's examine three tech stocks that saw their prices pulled back over the past two months but could still be worth holding for years: Twilio (NYSE: TWLO), Datadog (NASDAQ: DDOG), and Palantir (NYSE: PLTR).
Source Fool.com