3 Top Tech Stocks to Buy During a Recession
The COVID-19 recession was abrupt and painful, but many tech companies weathered the storm as stay-at-home measures, remote work, and online education drove demand for their products and services.
However, many tech stocks are now declining as investors pivot toward value stocks and reopening plays as bond yields and vaccination rates rise. High-growth tech companies that relied heavily on pandemic-specific tailwinds, like Zoom Video Communications, are starting to lose their luster.
Faced with these challenges, investors must be more selective with tech stocks. Specifically, they should focus on evergreen tech giants that are resistant to the next recession which will more likely be caused by traditional macroeconomic challenges instead of another global pandemic.
Source Fool.com
