Tech Rebound: 1 Growth Stock to Buy, and 1 to Sell
The Nasdaq-100 technology index has jumped by 7.4% over the past 30 days. There have been some early signs that economic pressures are easing, including a gradual decline in inflation, which could spur a resurgence in high-growth stocks into the new year.
Despite its recent bounce, the Nasdaq-100 remains down 28% in 2022, but that might be an opportunity for investors. However, it's important to be selective about the individual stocks you buy. In some cases, the recent strength might present a chance to sell some underperforming names.
Here's one stock investors should buy as the market rebounds, and one they might want to sell.
Source Fool.com
