3 Tech Stocks Poised to Rebound Soon
It's no secret that the market has been particularly turbulent for tech stocks over the last year. Even as a stream of favorable market days to kick off 2023 has seen many favorite tech names rebound in the past few months, there's no telling what the market may have in store for investors for the remainder of 2023.
One thing is certain, however. Wonderful businesses with clear paths to growth and multiple catalysts driving their businesses forward can not only survive but thrive with the passage of time, and share prices tend to follow these kinds of compelling growth stories. If you're looking to invest in tech companies that could pop with the next market rebound, here are three names to consider for your buy list right now.
Airbnb (NASDAQ: ABNB) remains a key figure in the multibillion-dollar vacation rental industry, a space on track to reach a valuation of $119 billion by the year 2030. However, it's becoming increasingly clear that while the vacation rental space looks to be a durable tailwind upon which Airbnb can capitalize for the long haul, there are other, broader tailwinds within the travel industry that portend equally if not more favorably for the company's long-term growth trajectory.
Source Fool.com