These 3 Tech Stocks Haven't Been This Cheap in Years: Is It Time to Buy?
The Nasdaq-100 index is often used as a barometer of the technology sector's performance. Unfortunately, 2022 has shown a low-pressure system is dominating for most of the year, with the index losing 34% of its value. If the year ended now, it would be the worst decline since the Great Recession in 2008-09.
While that's daunting, we know the market recovered to new highs in the years following that event, so this might present a rare opportunity to buy high-quality growth stocks at a discount.
A panel of three Motley Fool contributors has identified Tenable (NASDAQ: TENB), MercadoLibre (NASDAQ: MELI), and CrowdStrike (NASDAQ: CRWD) as potential candidates. These tech stocks are currently trading at low points they haven't visited in years, and here's why investors should consider picking them up.
Source Fool.com
