3 Top Tech Stocks to Buy in January
The past year has not been kind to technology stocks. The tech-heavy Nasdaq Composite has fallen 33% over the last 12 months and is down 35% from its peak, putting the index deep into bear-market territory. Macroeconomic conditions have crushed valuations for many growth-dependent companies, but today's challenging market backdrop will also likely set the stage for huge returns to arrive somewhere down the line.
For long-term investors, a bear market is historically the best time to buy stocks and build positions in solid companies capable of going the distance. If you're searching for investment opportunities that have the potential to deliver big gains, read on for a look at three technology stocks that look like great buys in January.
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Source Fool.com