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3 of the Best Tech Stocks You’ve Never Heard Of

Not all the best tech stocks are on Wall Street's radar

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It has been another great year for the best tech stocks in 2016. As usual, large-cap tech stocks like Facebook Inc (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN), Netflix, Inc. (NASDAQ:NFLX) and Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) dominated the headlines with their innovation.

Not only are these stocks popular to own, but Amazon, Google and Facebook are among the most highly rated stocks on Wall Street. In fact, all of these tech giants show up at the top of Bernstein’s list of the most crowded trades in the market.

Unfortunately, Bernstein notes that the most widely owned stocks tend to exhibit some unique trading behavior. First, they underperform during periods of overall market volatility. Second, they correlate with each other more than with the market as a whole. Finally, they react more negatively to negative news than they do positively to positive news.

Instead of chasing the herd in these crowded stocks, here are three of the best tech stocks that are flying under the radar.

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Article printed from InvestorPlace Media, http://investorplace.com/2016/12/3-best-tech-stocks-youve-never-heard-ldos-amkr-caci/.

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