Our next instalment in the thematic investment series looks at which tech stocks to buy. Investing in technology can pay dividends – but it can also prove tricky too. Thematic investing: tech stocks Investing in technology: what you need to know Technology is an all-encompassing term. It covers an enormous range of sectors. Everything from your smartphone […]
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Keith Noonan covers technology, entertainment, and other fields.
This year was filled with challenges for most of us, but the unprecedented conditions actually created big tailwinds for many technology companies. The
Dow Jones U.S. Technology Index has climbed roughly 46% year to date.
Despite the sector s impressive run, some promising technology stocks missed out on the rally, and still trade at levels that leave room for huge growth. Here are three such underperforming tech stocks that could turn things around and deliver fantastic returns to shareholders in 2021.
Image source: Getty Images.
Shanghai-based
Baozun (NASDAQ:BZUN) provides e-commerce software and services to large brands that are looking to launch and scale up their presence in the Chinese market. China already has the world s largest online retail market by far, and its growth is significantly outpacing e-commerce s gains in the U.S. On the other hand, these tailwinds hav