Tech Stocks Are Crashing -- Is It Time to Buy?
Many tech stocks outperformed the broader market last year, as the pandemic and stay-at-home trends turned many cloud, e-commerce, fintech, and gaming companies into defensive investments. Those companies were insulated from the pandemic, and some of them even generated accelerating growth throughout the crisis.
However, many of those high-flying stocks have lost their luster over the past month as investors rotated from growth stocks to value stocks. Let's see why that rotation crushed many tech stocks, and whether or not investors should shop for bargains in this beaten-down sector.
Investors are rotating out of high-growth tech stocks for three main reasons.
Source Fool.com
