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3 Top Tech Stocks to Buy Right Now

TheMotleyFool 
0 0 08.01.25
3 Top Tech Stocks to Buy Right NowPhoto, wide shot, wide-angle lens, soft focus, Clinical research organization, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-d5U47McddROtnUwv1JIaZvc2.png?st=2023-05-04T16%3A11%3A57Z&se=2023-05-04T18%3A11%3A57Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-04T16%3A04%3A37Z&ske=2023-05-05T16%3A04%3A37Z&sks=b&skv=2021-08-06&sig=KvGLXJQj4L2uYw31IYBsPpHX4telRq/7natMW2uEF58%3D
 

Many tech stocks soared over the past year as expectations for lower interest rates and milder macroeconomic headwinds brought back the bulls. But with the Nasdaq Composite index now hovering near its all-time highs, investors should get a bit pickier when it comes to the tech stocks they buy.

Instead of blindly chasing the companies with the fastest growth, investors should focus on those that have wide moats and reliable growth rates, and that are trading at reasonable valuations. I believe Meta Platforms (NASDAQ: META), Advanced Micro Devices (NASDAQ: AMD), and ServiceNow (NYSE: NOW) check all those boxes.

Image source: Getty Images.

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Source Fool.com

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