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The unknowns around the corner shouldn't deter investors since the last several years show how difficult the market timing game is. Investors who want to stay constantly exposed to stocks might consider buying these strong tech stocks in May.
Notably, total earnings for Tech companies that have already reported results are up +21.7% from the same period last year on +6.5% higher revenues. Can the positivity continue?
Digging into three top-ranked Zacks technology-centric stocks--Vertiv (VRT), LegalZoom (LZ), and Pinterest (PINS)--that investors might want to buy now for both near-term and long-term upside as we close out November and 2023.
A notable feature of the Q2 earnings season has been the absence of widespread negative guidance that a section of the market has persistently been afraid of.
Taiwan Semiconductor stock has surged nearly 35% YTD, yet TSMC still trades roughly 30% below its peaks and 12% under its average Zacks price target heading into its Q2 FY23 earnings release on July 20.