Tech Bloodbath 2022: 3 Gems to Pick Up Amid the Carnage
The pounding that many high-growth tech stocks experienced in 2021 continued through the first week of 2022. The Federal Reserve has indicated benchmark interest rate hikes are coming fairly soon, and that has caused the market to reassess richly valued companies.
While a pullback was in order for many of these stocks, there are growing disconnects between their recent share price performances and their business trajectories. After surveying the carnage, three Fool.com contributors think Coinbase Global (NASDAQ: COIN), Latch (NASDAQ: LTCH), and Etsy (NASDAQ: ETSY) are being unfairly punished and are worth buying.
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Source Fool.com