3 Safe Tech Stocks for Any Market Environment
Among investors, tech stocks have gained a reputation as a source for growth. While that reputation is well earned, the tech industry's successes have also led to it producing many of the safest stocks to invest in.
It's that safety designation that helped a select group of tech stocks develop a following among conservative investors. These investors are drawn to these stocks because they deliver the safety they seek while benefiting from some of the growth that has attracted more risk-tolerant shareholders. Here are three examples.
You can't discuss safe tech stocks without including Apple (NASDAQ: AAPL). Backed by the iPhone and other popular products in the iOS ecosystem, Apple grew into the world's largest tech stock. So solid is its value proposition that 41% of Berkshire Hathaway's outside investment portfolio is tied up in this one stock.
Source Fool.com
