Tech Sell-Off: 2 Bargain Growth Stocks to Buy Before the Rebound
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- PAYC
- UPST
Tech stocks have been hammered recently, especially those trading at rich valuations. It's expected the Federal Reserve will raise interest rates 3 to 7 times this year to combat rampant inflation, setting in motion a chain of events that should ultimately slow inflation by reducing business and consumer spending. Of course, less spending also means slower corporate revenue growth, which means those richly valued stocks now look even more expensive.