My Top Tech Stock to Buy Right Now (And It's Not Even Close)
Tech stocks have struggled recently, with the Nasdaq Composite index falling more than 23% year-to-date. Most of this smackdown has been because of recession fears in the U.S. Many investors are concerned about how tightening business budgets could impact tech stocks, especially those that do not provide mission-critical services to their customers.
However, finding and owning tech companies that provide those need-to-have solutions can be a great way to invest during this precarious time. Owning companies that offer products so necessary that demand won't soften, even during a recession, can deliver stellar returns as a long-term investor. If you want to invest this way, you might want to look more closely at Veeva Systems (NYSE: VEEV).
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Source Fool.com
