According to Mark Hulbert, investor sentiment has quickly swung from overall skepticism to complacency and hope, which means the markets could be poised for a “June swoon.” Whenever this happens, there’s a good chance that a selloff is in the offing — and probably sooner than later.
If so, it could mean another drop in tech stocks. True, these companies have bounced recently — but only mildly. All in all, it looks like tech stocks are still vulnerable — and this could be exaggerated if the overall markets start to trail off.
Yet this could be an opportunity for investors. For those looking for long-term growth plays, the next few months could be a good time to look at picking up some attractive tech stocks.
So which tech stocks are worth buying? Well, here’s a look a three: