The 2 Smartest Tech Stocks to Buy in 2022 and Beyond
Technology stocks are having a forgettable 2022, as the 28% decline in the NASDAQ-100 Technology Sector index shows, with investors choosing to dump high-growth, richly valued companies amid surging inflation, geopolitical instability in Europe, and rate hikes by the Federal Reserve.
However, the steep decline in technology stocks so far this year means that investors have an opportunity to buy shares of companies that are shaping our future at cheap valuations. Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) are two such tech stocks that are worth buying following pullbacks, as they are on track to win big from lucrative trends.
Let's look at the reasons why buying these two stocks right now could help set up investors' portfolios for long-term gains.
Source Fool.com