Cisco (CSCO) dips on seventh straight quarterly sales decline >>> READ MORE

5 Tech Stocks That Should Top Your 2016 Christmas Wish List

Tech stocks have been under pressure since Donald Trump was elected president, but a few picks look utterly buy-worthy right now

    View All  

Tech stocks have been in bear mode ever since the election of Donald Trump, Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) is off 6%., Inc. (NASDAQ:AMZN) is down roughly the same. Investors have been rotating out of tech and into other categories such as banking and energy, which seem like sure-fire beneficiaries of the Trump Administration.

But as is the case with most selloffs, the current dip in tech stocks is providing a nice opportunity for value investors.

I think everyone should be jotting down tech stocks to buy on their Christmas wish lists. But investors should still keep in mind that there are some serious headwinds facing the sector.

Yes, Donald Trump has offered up heated rhetoric about immigration and trade — both critical areas that can affect the fortunes of tech companies. But there’s also a lot of uncertainty regarding Trump’s policies in general, and that alone can have another adverse effect on the tech sector. That is, that could make numerous companies less willing to make big-ticket tech purchases.

Still, the market has been deeply discounting a number of tech stocks that should be able to come out ahead despite the political landscape. With that, here’s a look at five stocks that should top your Christmas wish list:

Next Page

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC