3 Cheap Tech Stocks to Buy Right Now
Warren Buffett once famously said, "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." But as the S 500 hovers near its record highs and looks historically expensive at 30 times earnings, it might be tough to spot the bargains.
It might seem even tougher to find "marked down" tech plays, since the Magnificent Seven and other top tech stocks fueled a lot of the market's recent momentum. But if we dig just a bit deeper, we'll uncover three cheap tech stocks that are still worth buying today: (NYSE: VZ), (NASDAQ: QCOM), and United Microelectronics (NYSE: UMC).
Image source: Getty Images.
Source Fool.com
Verizon Communications Inc. Stock
€42.62
-1.720%
Verizon Communications Inc. is currently one of the favorites of our community with 13 Buy predictions and no Sell predictions.
With a current price of 42.62 € Verizon Communications Inc. is right around the predicted target price of 43 €.
