3 Top Tech Stocks to Buy in September
Tech stocks have not fared well in 2022. The Technology Sector Select SPDR ETF (NYSEMKT: XLK) is down 22% year to date. Some of this decline is understandable considering how inflated valuations got in 2021. Still, a few of these tech stocks have sold off too much in 2022, and that makes them potentially great buys in September.
Let's take a closer look at three top tech stocks trading at a discount that might just make great buys this month.
The stock for tech giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) closely mirrors the year-to-date drop in the broader Nasdaq Composite index, with Alphabet down roughly 24% this year. The chief cause of investor wariness in this stock is a weakening advertising environment caused by a slowing economy.
Source Fool.com