Forget Timing the Market Bottom, These 3 Tech Stocks Are a Fantastic Deal
The bear market has been brutal this year even as businesses have continued to report higher revenue and earnings. Nevertheless, focus has shifted to 2023 financial outlooks, a possible recession, and a U.S. Federal Reserve "pivot" in which it halts (or slows down) its pace of record-setting interest rate hikes.
Many investors specifically are looking for this Fed pivot as a sign of a market bottom, holding off on making stock purchases until that happens. But there's no guarantee this would mark the bottom for this bear market.
In the meantime, there are deals to be had right now -- especially if you plan on buying and holding for at least a few years. If this is the case for you, three Fool.com contributors think The Trade Desk (NASDAQ: TTD), Lam Research (NASDAQ: LRCX), and Broadcom (NASDAQ: AVGO) are fantastic deals right now.
Source Fool.com
