3 Tech Stocks That Are Screaming Buys in August
Tech stocks have been scorned by the market for practically the whole year. While July was a nice break from the sell-off that has plagued these stocks, many are nowhere near their all-time highs.
This weakness allows investors to buy some stocks at still low prices. Among those I think are still great buys in August are Nvidia (NASDAQ: NVDA), Alphabet (NASDAQ: GOOG), and Accenture (NYSE: ACN). All three are still off their highs and have compelling investment cases. Here's why I'm bullish on this trio of tech giants.
Nvidia makes top-of-the-line graphics process units (GPUs) that can be used to power gaming computers, teach artificial intelligence, and run sophisticated engineering simulations. In short, GPUs are useful for any tasks that require arduous computations. In today's digital world, many uses fall under that umbrella.
Source Fool.com