Looking for Tech Stocks? These 2 Are Great Buys
If the 30% spike in the Nasdaq Composite is any indication, then tech stocks have become much more expensive in 2023. We seem to be past the days when an investor could buy Apple at five times sales or own cybersecurity specialist Palo Alto Networks for seven times sales. These stocks are now valued at seven and 11 times sales, respectively.
But while most tech stocks are more expensive today, that's no reason to avoid the sector altogether. You can find attractive deals even in a market that has rallied significantly.
With that goal in mind, let's look at two great businesses in the tech sector. Read on for some reasons to like (NASDAQ: MSFT) and Take-Two Interactive (NASDAQ: TTWO) right now.
Source Fool.com
Microsoft Corp. Stock
€374.30
-3.160%
With 111 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 425 € shows a slightly positive potential of 13.55% compared to the current price of 374.3 € for Microsoft Corp..
