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3 Reasons Tech Stocks Are a Buy Right Now

·6 min read
3 Reasons Tech Stocks Are a Buy Right Now
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The broader stock market has done well so far this year, as the S&P 500's double-digit gains indicate, but the same cannot be said about the technology sector that has been hit by a couple of strong bouts of volatility in 2021. The Nasdaq-100 Technology Sector index has given up nearly all its gains in the past month. The fear of rising inflation, stretched valuations, the return to normalcy in a post-pandemic world, and rising Treasury yields have led investors to pull the plug on tech stocks this year following a terrific performance in 2020.