3 Top Tech Stocks to Buy for the Long Haul
Some investors are looking at technology stocks with a skeptical eye right now. With inflation still at a nearly 40-year high and the Federal Reserve focused on bringing it down by hiking the federal funds rate, investors have been less keen to buy high-growth tech stocks.
But the recent sell-off in the market has opened up an opportunity for investors. Top tech companies including Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Doximity (NYSE: DOCS) still have lots of long-term potential for patient investors. Here's why investors should consider snatching up some shares while they're down right now.
Microsoft hasn't been immune to the latest tech sell-off, but it certainly hasn't suffered the same fate as most companies in its sector. Shares are down just 10.6% over the past 12 months, compared to the tech-heavy Nasdaq Composite's 24.2% plunge.
Source Fool.com
