Tech Sell-Off: 1 Disruptive Stock to Buy Right Now
The last several weeks have been rough for tech investors, as many richly valued growth stocks have seen their share prices fall sharply, in some cases by more than 10% in a single day. No one likes to see red in their portfolio, but those bad days are the price of admission if you want to participate in the stock market. Sooner or later, it happens to everyone.
That's why a long-term investing mindset is so critical. Despite the recent sell-off, the S&P 500 Information Technology sector has produced a 150% return over the last three years. That's more than double the 70% return generated by the broader S&P 500. That outperformance makes a strong case for owning a few tech stocks, and sell-offs are often a great time to buy a few shares on sale.
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Source Fool.com