3 Tech Stocks That Could Help Set You Up for Life
The tech sector lost its luster this year as rising interest rates sparked a rotation toward more conservative investments. However, shunning all tech stocks is generally a bad idea, since many of those beaten-down names could rebound to fresh highs after the macroeconomic outlook improves.
Instead of blindly selling all of your tech stocks, you should simply stick with well-run blue-chip companies, which generate stable growth and plenty of cash while trading at reasonable valuations. These three evergreen plays fit the bill: Accenture (NYSE: ACN), Taiwan Semiconductor Manufacturing (NYSE: TSM) (also known as TSMC), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google. Let's find out a bit more about each and how they can set you up for life.
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Source Fool.com
