2 Cheap Tech Stocks to Buy Right Now
The stock market was brutal last year, especially in the tech sector. The S&P 500 market index fell 18% last year, while the more technology-oriented and volatile Nasdaq Composite lost 33%. The tables have turned since the inflation-fighting efforts started to make a difference in 2023, and many tech tickers have posted strong returns in the last two months.
However, it's not too late to take advantage of the wide-open buying windows that opened up in the bitter fight against inflation. Many excellent stocks are still downright cheap, even as they take off from recent rock-bottom prices. There are many great long-term investments out there right now, probably including some of your favorite growth stocks. Read on to see two of my favorite ideas this week.
Streaming technology expert Roku (NASDAQ: ROKU) helped Netflix (NASDAQ: NFLX) kick-start the digital video market 15 years ago. It is still setting the tone in the domestic market, and it's not a close race. Here's how CEO Anthony Wood described Roku's market position in last month's fourth-quarter earnings call:
Source Fool.com
