Tech stocks have suffered in 2022 as investors backed away from risky stocks. In a time when inflation runs rampant, federal interest rates are inching upward, and there's a high-stakes war at the edge of Europe, perhaps it makes sense to prefer ultra-safe gold bars and federal bonds over yesteryear's market darlings.
Then again, the market correction also slashed stock prices on many high-quality companies that should make it through this tough period and thrive in the long run. Picking up these winners at a discount also makes a bucketload of sense. On that note, we asked three of the Fool's contributors to share their best deep-discount ideas in today's volatile market. Read on to see why they recommend Palo Alto Networks (NASDAQ: PANW) , Monday.com (NASDAQ: MNDY) , and Etsy (NASDAQ: ETSY) right now.
Image source: Getty Images.
For further details see:
Tech Correction: 3 Screaming Buys That Can Weather Geopolitics