3 Reopening Tech Stocks to Buy in July
Last year, the pandemic lit a fire under many tech stocks which benefited from stay-at-home trends. Many e-commerce, cloud, gaming, online education, and remote work companies all flourished with unusually strong growth as other sectors were battered by pandemic-related headwinds.
But this year, rising bond yields, concerns about inflation, fears of slower growth after the pandemic, and a focus on reopening plays all turned the tables on under those high-growth darlings. As a result, many investors rotated from tech stocks toward other sectors which would benefit from reopening trends.
However, there are still plenty of tech stocks which will generate stronger growth after the pandemic ends. Let's examine three of those "reopening tech stocks" -- and why they could head much higher this year.
Source Fool.com
