3 Magnificent Tech Stocks That Can Defy China's Slowdown
As China's economic slowdown sends ripples across the global market, investors are seeking solid ground in a shaky landscape. Recent data has shown troubling trends in China's retail sales, industrial output, and investment, leading many to worry about the long-lasting impact on growth. What happens in this massive economy can affect the fortunes of people and businesses around the world.
But China's rocky road doesn't have to be bad news for your investments. Three of The Motley Fool's top tech experts have scoured the scene to find companies and stocks resilient to the Chinese challenges. They unearthed three magnificent tech stocks poised for wealth-building success without the help of the world's second largest economy.
In this report, you'll find (NASDAQ: GOOG) (NASDAQ: GOOGL), a digital titan unfazed by global tremors; Netflix (NASDAQ: NFLX), a streaming juggernaut with a nearly perfect global footprint; and Amazon (NASDAQ: AMZN), the e-commerce behemoth that's thriving amid uncertainty. Here's why these three formidable tech stocks stand ready to defy China's slowdown and strengthen your investment portfolio.
Source Fool.com
Alphabet Inc. A Stock
With 95 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 179 € there is a slightly positive potential of 14.36% for Alphabet Inc. A compared to the current price of 156.52 €.