ASML - Tech Stocks Will Likely Soar in 2023. Here Are 3 Hot Stocks to Buy to Capitalize on Their Potential
2023-08-30 09:30:00 ET
2022 was a rough year for tech stocks as rising rates compressed the market's valuations and drove investors toward more conservative investments. But this year, the Nasdaq has risen nearly 30% as bargain hunters returned to the market.
That trend could continue if inflation continues to cool and interest rates stabilize. If the bulls stampede back toward tech stocks through the end of the year, ASML (NASDAQ: ASML) , Snowflake (NYSE: SNOW) , and Palo Alto Networks (NASDAQ: PANW) could all be great ways to play the market rebound.
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Tech Stocks Will Likely Soar in 2023. Here Are 3 Hot Stocks to Buy to Capitalize on Their Potential