Tech stocks have been the biggest winners of the COVID world, surging ever since markets bottomed in March, and leading the recovery. However, we have potentially reached a crossroads. The Nasdaq sharply sold off earlier this week due to vaccine data from Pfizer and BioNTech revealing a 90% efficacy rate. Investors sharply and furiously rotated out of tech stocks and into cyclical value stocks, with tech shares experiencing sharp losses and volatility.
have identified intriguing tech stocks. Two have been rated as Top Buys, two rated as Attractive, two rated as Neutral, two rated as Unattractive, and two rated as Top Shorts. to join an exclusive AI investing community and get premium investing ideas before markets open.Activision Blizzard is our first Top Buy for the month. The gaming industry has been booming the last several years, and with more people at home due to COVID, appears to be gaining even more steam.
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