3 Top Tech Stocks to Buy in May
The coronavirus pandemic is wreaking havoc on the economy, but this is still a great time to invest in tech. That's because many technology companies thrive in this challenging environment due to their cutting-edge business models. As global lockdowns wind down and things slowly return to normal, some of these companies are poised to benefit from megatrends that have been accelerated by the coronavirus pandemic.
Here are three top tech stocks to buy in May. The first stock, Jumia (NYSE: JMIA), is a high-risk, high-reward bet on e-commerce. The other two, Snap (NYSE: SNAP) and Facebook (NASDAQ: FB), are bets on the surging monetization of social media. All three stocks are good buys in May because they post rapid, coronavirus-resistant top-line growth that will last over the long term.
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Source Fool.com
