BaronLyly
2022-05-22

Many tech stocks tumbled over the past few months as rising interest rates and other macroeconomic headwinds sparked a retreat toward more conservative investments. However, a handful of resilient blue chip tech stocks withstood that sell-off a lot better than the speculative growth plays. Two of the most resilient names were Apple andAlphabet. Both stocks pulled back about 20% this year,they also weren't crushed like the hypergrowth tech stocks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SG 88
    2022-05-22
    SG 88
    True. Most tech stock are down at least 20% or more. only time will tell whether APPL and ALPHABET stay resilience. [Wow]
  • t1981
    2022-05-22
    t1981
    like you, I am hopeful that Apple will go back up!
  • Mungerism
    2022-05-22
    Mungerism
    Thanks for sharing. Wouldnt you put Microsoft in the same category?
  • Jadenkho
    2022-05-22
    Jadenkho
    Thanks for sharing
  • ccy1122
    2022-05-22
    ccy1122
    [OK] [OK] [OK] [Like] [Like] [Like]
  • Kelvink73
    2022-05-22
    Kelvink73
    it's a good time to buy on good tech company
Leave a comment
3