Tech Sell-Off: 2 Stocks That Could Double by 2025
Sticky inflation and the Federal Reserve rapidly increasing interest rates have sent stocks into bear market territory. Many consumer internet and technology companies have faced the brunt of these losses, with the Nasdaq 100 down over 30% year to date (YTD).
You can't blame investors for moving into so-called "safer" investments like consumer packaged goods and utilities, but for those willing to buy and hold with a multiyear time horizon, now looks like an optimal time to buy beaten-down technology stocks on the cheap.
Here are two technology stocks that have a chance to double by 2025.
Source Fool.com