While 2014 is still pretty young, one trend that has been noteworthy is the choppiness in some big name tech stocks.
Amazon.com (AMZN), a stock that has long been thought of as bulletproof, has crumbled 17% since the start of the year. And despite a wildly successful IPO in the fall followed by a big run-up, social media darling Twitter (TWTR) is down 35% since Christmas.
It’s enough to make you think that the tech sector has finally run out of gas, right?
As it turns out, a lot of large-cap tech stocks are doing just fine. Despite some underperformers, the major sector funds including the Vanguard Information Technology Index Fund (VGT) and the iShares Dow Jones US Technology Sector Index Fund (IYW) have both still handily outperformed the S&P in the past 12 months.
That means it’s not a question of avoiding all tech stocks, but rather, avoiding the bad picks and focusing on the good ones.
To help you do just that, here’s a list of seven big-name tech stocks that are looking up right now.