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Source: whiteMocca / Shutterstock Most of the tech companies that saw their stocks fall in 2022 deserved it. Salesforce (NYSE:CRM) became complacent. Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) over-hired. Meta Platforms (NASDAQ:META) wasted money on a laughable version of the metaverse. But other companies just saw growing markets slow down. This list is for today’s undervalued tech stocks.
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While investing in the new normal seemingly focused on meme trades and other high-risk ventures, targeting the companies of the Dow Jones is always relevant, particularly if they’re among the most undervalued Dow stocks to buy. Granted, this venerable list doesn’t bring much excitement. However, these stalwarts command well-established businesses, meaning they likely won’t steer
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Although the will-it-or-won’t-it debate regarding the probabilities of the economy falling into recession dominates business headlines, investors may still want to look ahead with breakthrough technology stocks to buy. These enterprises undergird some of the most groundbreaking innovations of our time, facilitating potentially permanent relevance. Fundamentally, technology stocks to buy benefit from the natural forward progress
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In many ways, Tesla’s (NASDAQ:TSLA) fourth-quarter results, along with the comments of CEO Elon Musk and the automaker’s CFO, represented a “Goldilocks” best-case outcome for EV stocks in general. Specifically, Tesla’s earnings, and the bullish statements made by the company, showed that worries about a demand crisis in the EV sector were non-existent. That said, Tesla’s growth did come
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If finding undervalued stocks is good, then finding undervalued penny stocks is even better. That’s because, with penny stocks, investors’ capital appreciation upside potential is amplified. Of course, risks are also amplified, making such companies often all-or-nothing bets. Penny stocks, which for this article I define as stocks trading for less than $5, are cheap for a reason. Many
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Few companies are truly unique, but Luxembourg-based electric vehicle (EV) manufacturer Arrival (NASDAQ:ARVL) is a one-of-a-kind business. If you can handle a high risk level, it might be worthwhile to hold a few shares of ARVL stock this year. You might get a moonshot, but there are reasons to envision a share-price drawdown due to Arrival’s
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In 2023, fintech is expected to grow rapidly as technology revolutionizes the financial industry. That should mean good things for fintech stocks. Investors should expect the continued integration of fintech into traditional financial institutions, such as banks. This will allow for a more seamless and efficient experience for customers, as they can access financial services through
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In this article FDX META ALGN Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Facebook Inc., speaks during the virtual Facebook Connect event, where the company announced its rebranding as Meta, in New York, on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making
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Investors of neo-banking firm SoFi Technologies (NASDAQ:SOFI) have suffered for a long time. They deserve a break, and it looks like 2023 will be a turnaround year for SOFI stock. Sure, there are still risks involved with SoFi Technologies, but the reward-to-risk profile is looking better today than it did just a few months ago. Let’s
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The stock market rally this year is pushing stock prices higher again, which creates a greater urgency to consider which tech stocks to sell. Market sentiment drives short-term rallies, setting up investors for potential disappointments. The increasingly worsening economic conditions ahead might lead to companies forecasting weaker results in the quarters ahead. Investors need to
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