2023-03-09 06:31:00 ET
High-growth tech stocks were the stock market's red-headed stepchildren amid the Federal Reserve's struggles to flight inflation in 2022. The tech-heavy Nasdaq Composite index fell 33% last year, far deeper than the broader S&P 500 index's 19% drop.
2023 has been a different story, as the inflation threat appears to be abating. The Nasdaq index is up by 11% year to date, more than doubling the S&P 500's 4% gain.
But the rising tide is leaving some excellent boats behind. These three eminently ship-shape tech stocks underperformed the Nasdaq-100 index both in 2022 and year to date:
For further details see:
3 Top Tech Stocks to Buy in March