YOU - 2 Supercharged Tech Stocks to Buy Without Any Hesitation
2024-03-24 07:31:00 ET
With the Nasdaq Composite index soaring about 60% from its bear market lows, it has become increasingly difficult to find reasonably priced tech stocks. However, by focusing on fast-growing businesses operating in markets with decades-long tailwinds, investors can locate a handful of top-tier stocks with reasonable valuations.
CrowdStrike (NASDAQ: CRWD) and Clear Secure (NYSE: YOU) are two companies that fit this bill, growing sales by 36% and 40%, respectively, in 2023. Both are in cybersecurity: CrowdStrike's platform reduces the number of vendors a company needs to protect itself from threats, and Clear Secure's biometric identity solutions make security checkpoints easier to manage.
Here's the case for buying these two supercharged tech stocks today.
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2 Supercharged Tech Stocks to Buy Without Any Hesitation