3 Technology Stocks That Defied the September Slump
September is historically not a great month for the stock market, with the S 500 having an average decline of 0.6% during the month since 1950, according to research from The Motley Fool. Long-term investors know that jumping in and out of the market, especially on a monthly basis, isn't a smart move, and it really wouldn't have paid off if you were invested in some of the world's leading technology stocks in September.
That's because some of the most important tech stocks continued to benefit from the expanding artificial intelligence market, with Taiwan Semiconductor Manufacturing (NYSE: TSM), (NASDAQ: AVGO), and Nvidia (NASDAQ: NVDA) all making significant gains during the month. Here's why these tech stocks defied the September slump.
Image source: Taiwan Semiconductor.
Source Fool.com
