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3 Reasons This Big Tech Stock Is No. 1 on My Buy List


With the Nasdaq Composite down more than 20% so far this year and the stock market's violent reaction to Fed Chair Jerome Powell's speech on Friday, it might be tempting to sell stocks. But study after study has shown timing the market doesn't work. 

That's why factors like a dominant market position, a reasonable valuation, or a shareholder-friendly management team can provide the confidence to hold on during a downturn. Only a select few companies offer all three attributes. That's why Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) will be the next stock I add to my portfolio.   

Image source: Getty Images.

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Source Fool.com

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