Inflation Got You Down? These 3 Tech Stocks Can Prosper in a Rising-Price Environment
Inflation has taken its toll on many growth tech stocks. Rising interest rates reduce available capital and increase the appeal of fixed income investments, both of which bode poorly for growth stocks.
However, some tech stocks operate business models that can drive higher revenue in inflationary environments. Those looking for such names should consider these three tech stocks: Amazon (NASDAQ: AMZN), Digital Realty Trust (NYSE: DLR), and PayPal Holdings (NASDAQ: PYPL).
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Source Fool.com
