3 Top Tech Stocks to Buy During a Recession
Recessions can be rough for tech companies, which depend on advertising, enterprise spending, and other macro-sensitive trends. Tech stocks that are trading at frothy valuations can also crash.
But that doesn't mean investors should avoid all tech stocks during an economic downturn. Instead, investors should select tech stocks that are pinned to secular growth trends rather than macro-economic ones. These three resilient stocks fit the bill: Palo Alto Networks (NYSE: PANW), Veeva Systems (NYSE: VEEV), and Adobe (NASDAQ: ADBE).
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Source Fool.com
