2 Top Tech Stocks to Buy During a Recession
The market downdraft continues to pull down the tech sector. The Dow Jones Industrial Average plunged more than 1,000 points the other day, a 1.4% drop, but it caused the tech-laden Nasdaq 100 to plummet over 2%, putting virtually every single one of its components in the red. After a 30-year bull run that saw the Nasdaq 100 index gain nearly 4,000%, the tech benchmark could be heading for a deeper run south.
The economy itself may be primed for a recession. The Federal Reserve made the first of what it promises could be three big half-percentage-point interest hikes in the hopes of taming inflation, and the market is reportedly tumbling over fear it won't be enough.
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Source Fool.com
