Even before the pandemic, the world was becoming more and more digitized. New innovations such as cloud computing, artificial intelligence, and 5G communications are opening up new ways to work and interact with customers, and the COVID-19 global pandemic only accelerated these powerful trends.
Yet with the economy reopening and concerns over higher interest rates, which some think will harm growth stocks , high-growth tech stocks have fallen out of favor in recent months, despite very strong results.
For long-term investors, that may have opened up a great buying opportunity in stocks that are performing terrifically on a fundamental basis. That's why Amazon.com (NASDAQ: AMZN) , CrowdStrike (NASDAQ: CRWD) , and Alteryx (NYSE: AYX) all make great buys today.
For further details see:
Looking for Tech Stocks? These 3 Are Great Buys