3 Top Tech Stocks to Buy in January
Tech stocks got off to a bad start in 2022 thanks to indications that the Federal Reserve could increase interest rates at a quicker-than-expected pace, an event that could reduce the appeal of investing in technology companies given their inflated valuations.
But investors shouldn't forget the fact that this sector was in fine form last year. The Nasdaq-100 Technology Sector index was up nearly 27% in 2021, and it wouldn't be surprising to see tech stocks shrug off the bad start and regain their mojo as the year progresses. That's because the demand for products and services offered by various companies in the tech sector, ranging from smartphones to cloud computing to computers to video games, is expected to remain strong in 2022.
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Source Fool.com
