In the early days of the pandemic, technology stocks were the talk of the town. Companies that provided quick, innovative solutions to a changing world’s problems were handsomely rewarded by the stock market.
Since then, that enthusiasm has dampened, with worries of a looming recession hitting tech companies especially hard. High inflation and resulting sharp interest rate increases often mean lower profits for debt-heavy tech companies.
Yet, many investors remain interested in tech stocks — and for good reason. Technology will play a major role in the future, helping to resolve questions about sustainable energy, automation, health care and housing.
Here’s an overview of what tech stocks are, a list of the best-performing tech stocks right now and your options for buying them.
