While the technology sector overall has had a rough year, there are some stocks in the space that now trade at a significant discount and are highly favored by Wall Street analysts. For long-term investors, it means that now may be a good time to snap up these names and wait out the storm.
Analysts see it jumping more than 45% from current levels. It's trading at a more than 52% discount as well. Match Group is a solid internet stock pick going into 2023 as it has guard rails heading into year-end, Lauren Schenk of Morgan Stanley wrote in a Nov. 2 note. The "self-help story, sequential acceleration, and several upside drivers set up to be one of the best '23 stories in our space at compelling valuation, albeit with macro uncertainty," she wrote.
Cnbc pumping again lol its time to short
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