GOOGL - If I Had $1000 to Invest Between Alphabet (Google) Uber and Meta Platforms Stocks Here's How I'd Do It
The stock market had a terrible 2022, but the technology sector bore the brunt of the pessimism. The Nasdaq-100 tech index declined by 33% for the year, which was its worst annual return since 2008, when the global financial crisis rocked the world economy.
But 2023 is a new year , and there's a silver lining to last year's woes: Many stocks in the tech sector are trading at the cheapest levels in more than a decade, so this might actually be a great long-term entry point into the market.
Three of the best opportunities right now might be in shares of Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , Uber Technologies (NYSE: UBER) , and Meta Platforms (NASDAQ: META) . If I had $1,000 to invest between the three of them, here's exactly how I'd break it down.
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If I Had $1,000 to Invest Between Alphabet (Google), Uber, and Meta Platforms Stocks, Here's How I'd Do It