Top 3 Tech Stocks Poised to Surge Amid Growing Likelihood of Soft Landing Scenario

📆 17/08/2023 13:16:00
📰 Investingcom

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Stocks Analysis by Investing.com (Damian Nowiszewski) covering: STMicroelectronics NV ADR, Belden Inc, Vishay Intertechnology Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com

There are three tech stocks you can consider buying if that scenario plays out

According to a survey conducted by Bank of America, around 65% of respondents predict a soft landing. Interestingly, this aligns with the signals coming from Treasury Secretary Janet Yellen and the Federal Reserve.yield curve, which historically has been a reliable predictor of a recession. The European Commission's survey anticipates a doubling of chip demand by 2030, with a strategic focus on reducing dependency on non-EU suppliers.

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