12 Tech Stocks to Buy Now
After the recent stock market correction, which stocks should you buy now?
The stock market has bounced back from its lows, and you are asking yourself, 'Which stocks should I buy now?' I've got your back! I have a dozen stock picks for you to explore. These tech stocks have been beaten down from recent highs, and I believe they are opportunities to accumulate as long-term investments at these levels and lower using dollar-cost averaging.
In the video below, I provide the following stock picks:
- Two fabless semiconductor stocks that are pushing deeper into AI, data centers, the metaverse, autonomous driving, and more
- Two cybersecurity stocks
- Two e-commerce stocks
- A digital advertising or adtech stock
- Two beaten-down fintech stocks
- Three software-as-a-service (SaaS) stocks
Nvidia (NVDA -0.74%) hosts its GTC 2022 conference next week, and I believe it will be a catalyst for the semiconductor stock. Recently, Greg Estes, VP of developer programs at Nvidia, stated 'a mother lode of content' will be announced at GTC 2022, which will include news on 'accelerated computing, deep learning, data science, digital twins, networking, quantum computing and computing in the data center, cloud and edge.'
Another favorite stock on the list is Zscaler (ZS -4.32%). Zscaler provides customers with a security stack as a cloud service, which means lower cost and complexity than old-school, traditional gateway methods. Zscaler's global infrastructure brings internet gateways closer to users all around the world, creating a faster and more streamlined experience. The company enables highly scalable work-from-anywhere cloud security. Additionally, Russian cyberattacks are on the rise, and these threats will push cybersecurity stocks higher. I believe Zscaler is a top cybersecurity stock to own for the next five to 10 years, and the recent sell-off creates a buying opportunity.
Please watch the below video for more information, stock analysis, price levels, and ten additional stock picks.
*Stock prices used in the below video were during the trading day of March 17, 2022. The video was published on March 17, 2022.