Inflation is soaring, interest rates are rising, and the stock market is in decline. It's entirely normal for an investor to feel challenged in this environment. The most positive thing to do in such a situation is to focus on the long term because history proves that, given enough time, the broader markets tend to recover to new highs. With that said, it can be helpful to identify companies that have significant future growth potential but can also weather difficult economic periods.

That could mean they have strong balance sheets, are profitable, or are simply growing rapidly in the face of these challenging times. Three Motley Fool contributors were asked which tech stocks are doing this. Datadog (NASDAQ: DDOG), Veeva Systems (NYSE: VEEV), and PayPal Holdings (NASDAQ: PYPL) were their answers. Here's what they had to say about these stocks and why they are great options to buy on the dip.

Anthony Di Pizio (Datadog): Cloud computing technology is playing an increasingly important role in the corporate sector. It's revitalizing age-old business practices by shifting them online to increase efficiency and unlock hidden value. Not to mention, it allows large organizations to connect their teams not only across departments, but across borders. 

Continue reading

Source Fool.com