5 Cheap Tech Stocks to Buy Right Now
In 2023, numerous technology names made a dramatic comeback following a brutal bear market in 2022. For the year, the tech-heavy Nasdaq Composite increased 43%. However, many stocks experienced triple-digit increases, leaving some investors questioning whether they could still find affordable stocks.
Fortunately, many value stocks stayed inexpensive despite the industry's strong performance, and those looking for a bargain may want to consider these five tech stocks in particular.
Google parent (NASDAQ: GOOGL) (NASDAQ: GOOG) performed well in 2023, but a new technology led some investors to question the company's future role in tech. OpenAI's ChatGPT introduced a generative AI tool that reinvigorated artificial intelligence, and its alliance with Microsoft made many investors wonder whether users would abandon Google in favor of Bing.
Source Fool.com
Alphabet Inc. A Stock
The stock is one of the favorites of our community with 166 Buy predictions and 2 Sell predictions.
As a result the target price of 339 € shows a slightly positive potential of 6.32% compared to the current price of 318.85 € for Alphabet Inc. A.
