A lot of investors will be happy to say good riddance to 2022 in another month, particularly those who invested in tech stocks. After a 14-year-long bull market, the tech-laden Nasdaq-100 is still down over 28% year to date with a firm grasp on a bear market correction.

While the Dow Jones Industrial Average has clawed its way back to near breakeven (it's down 5% as of this writing), tech stocks are still in a funk. As disappointing and painful as that is, it also represents an opportunity because many of the top names in the space have been beaten down -- and not necessarily unfairly. There have been problems with the businesses that indicated the stocks didn't warrant trading at inflated values, since they were no longer on the same growth trajectory.

Yet it's also not fatal to their long-term performance, so the new, cheaper valuations are a chance to buy these otherwise good companies at a price not seen in a while.

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Source Fool.com