3 Supercharged Tech Stocks to Buy Without Any Hesitation
With concerns over inflation and higher interest rates, growth stocks have taken it on the chin over the past few months. So is it time to buy these former market darlings? It's hard to say; some of these stocks still don't look traditionally "cheap," and interest rates look as if they will continue to rise.
However, disruptive growth stocks rarely do look cheap. And over the long term, companies with competitive advantages and long growth runways should do well for investors -- perhaps really well. The following three names have each have those key characteristics in spades.
Cybersecurity leader CrowdStrike (NASDAQ: CRWD) has done relatively well compared with other high-growth, profitless growth stocks over the past few months, but it hasn't been spared. It's still down roughly 28% from its highs, despite a good recent run.
Source Fool.com