3 Stocks That Are Fantastic Deals Right Now
The Nasdaq has risen nearly 40% since the beginning of the year as investors warmed up to higher-growth tech stocks again. However, many investors might be reluctant to chase that rally as interest rates stay elevated.
Those fears are justified, since high interest rates usually deflate the valuations of pricier stocks.
But a closer look at the tech sector finds that plenty of promising stocks are still trading at reasonable valuations. I personally believe that Meta Platforms (NASDAQ: META), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and DigitalOcean (NYSE: DOCN) are all still fantastic deals in this recovering market.
Source Fool.com
Alphabet Inc. A Stock
€156.64
1.700%
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
As a result the target price of 178 € shows a slightly positive potential of 13.64% compared to the current price of 156.64 € for Alphabet Inc. A.
