Tech Stocks are Getting Hammered. Should you buy Tech?
Here at Tech Rookies, we love everything Tech. Especially Tech companies. But lately, it seems like the stock market doesn’t share our enthusiasm. In fact, Tech stocks have been getting hammered. For Example, the QQQ 3x leverage ETF is down almost 70%. The question is, should you buy them?
The thing about Tech stocks is that they are always volatile. They go through peaks and troughs all the time. So, just because they are down at the moment, doesn’t mean they will stay down. In fact, now could be a great time to buy tech stocks.
Of course, you always need to do your own research before investing in anything. But if you’re thinking about buying tech stocks, here are a few things you should keep in mind.
First of all, don’t just focus on the big names like Apple, Amazon, and Google. There are lots of other great tech companies out there that are worth considering. Look for companies that are innovating and doing something different.
Secondly, remember that timing is everything when it comes to investing. You don’t want to buy when everyone else is buying, because then you’ll just end up paying too much. Likewise, you don’t want to sell when everyone else is selling, because then you’ll miss out on the stocks. They might be down today, but if you give them a little time, they could rebound and make you a lot of money.
The current market sell-off has been led by a sharp decline in technology stocks. The Nasdaq 100, which is heavily weighted towards tech companies, is down almost 10% from its recent highs. This has led many investors to ask whether now is a good time to buy tech stocks.
How to Hedge your Tech Stocks?
If you’re worried about a further decline in tech stocks, there are a few things you can do to protect your portfolio.
One option is to sell put options on tech stocks that you would be happy to buy at lower prices. This way, if the stock does fall, you will be able to buy it at a discount.
Another option is to invest in technology ETFs that offer downside protection. For example, the First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QTEC) only invests in companies that are not in the tech sector. This means that if tech stocks do fall, this fund should hold up better than one that is fully invested in tech stocks.
Of course, these are just a few options and there are many other ways to hedge your tech portfolio. The most important thing is to make sure you are comfortable with the risks involved before taking any action.
Here are some great long term tech Stocks:
1. Apple (AAPL)
2. Microsoft (MSFT)
3. IBM (IBM)
4. Oracle (ORCL)
5. Intel (INTC)
6. Texas Instruments (TXN)
7. Symantec (SYMC)
8. Western Digital (WDC)
9. Micron Technology (MU)
10. Qualcomm (QCOM)
These companies have all been through tough times in the past, but they have continued to innovate and grow. They are all well-positioned for the future and offer investors a great opportunity to buy at a discount.
Of course, this is just a small list of long-term beaten-down tech stocks. There are many other great companies out there that offer investors a great opportunity to buy at a discount. The most important thing is to do your own research before investing in any stock.
When it comes to investing in technology stocks, there are a few things you should keep in mind. First of all, don’t just focus on the big names like Apple, Amazon, and Google. There are lots of other great tech companies out there that are worth considering. Look for companies that are innovating and doing something different. Secondly, remember that timing is everything when it comes to investing. You don’t want to buy when everyone else is buying, because then you’ll just end up paying too much. Likewise, you don’t want to sell when everyone else is selling, because then you’ll miss out on the stocks. They might be down today, but if you give them a little time, they could rebound and make you a lot of money. See more Tech Rookies Stocks Articles here.
Learn from one of the greatest Investors of all Time
Warren Buffett is an American business magnate, investor, and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$88.9 billion as of December 2018, making him the third-richest person in the world. Buffett was born in 1930 in Omaha, Nebraska, and developed an interest in business and investing in his youth. He worked various jobs during his teens and started attending the New York Institute of Finance. When he turned 20, he took a job at Buffett-Falk & Co as an investment salesman; he later formed Buffett Partnership Ltd in 1956. In 1962 he began buying stock in Berkshire Hathaway. Buy when there is blood on the street. A.k.a Wall Street.
1. Look for companies that are innovating and doing something different.
2. Remember that timing is everything when it comes to investing. You don’t want to buy when everyone else is buying, because then you’ll end up paying too much. Likewise, you don’t want to sell when everyone else is selling, because then you’ll miss out on the stocks. They might be down today, but if you give them a little time, they could rebound and make you a lot of money.
3. Warren Buffett is an American business magnate, investor, and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$88.9 billion as of December 2018, making him the third-richest person in the world.
Check out CNBC for Breaking Stock News.
In conclusion
If you’re thinking about investing in tech stocks, now is a great time to start doing your research. There are many great companies out there that offer investors a great opportunity to buy at a discount. Just remember to keep an eye on the timing, and don’t be afraid to buy when everyone else is selling.
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Disclaimer: This article is for information purposes and should not be considered professional investment advice. It contains some forward-looking statements that should not be taken as indicators of future performance. Every investor has a different risk profile and goals. All investments have risks. Always do your own research or hire an expert before investing and trading in the stock market.
