DOCU - Top 5 Tech Stocks For 2022
- The tech sector is the second best performing on the month and third best year-to-date. During the last five years, its performance has crushed the S&P 500.
- Mega tech stocks have also dominated the performance of IT indexes. In 2022, there may be a new breed of tech stocks ready to outperform the sector.
- Investors want to bank on blue-chip tech stocks given economic uncertainty. Investors may begin to shift to tech stocks with solid fundamentals as the economy recovers.
- The GARP Tech Stocks SYNA, MXL, ON, HPQ, and CALX are not the stocks of yesteryear. They are rated Very Bullish, have strong growth prospects, reasonable valuation levels, superior profitability, and rising earnings outlook compared to Megatech.
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Top 5 Tech Stocks For 2022