Investors Should Buy the Dip on These 2 FAANG Stocks
Technology stocks have been absolutely slaughtered by Wall Street in 2022. High inflation, which has led to aggressive monetary policy tightening by the Federal Reserve, continued supply chain issues related to the ongoing pandemic, and global economic impacts from the war in Ukraine have all contributed to a rising fear among investors. Together, they have induced one of the worst starts to a year in the stock market's history.
Even the FAANG stocks (an acronym for five prominent U.S. tech stocks) have been notably affected. Right now, it appears that stock prices are moving based on sentiment rather than fundamentals, leaving opportunistic buyers with several promising investment opportunities over the long run.
Let's take a closer look at two FAANG stocks that investors should earnestly consider buying today.
Source Fool.com
