Our Top 3 Tech Stocks for October
Following the massive bear market for technology stocks in 1999, the tech sector has consistently been one of the better performing areas of the stock market overall.
In recent years, stocks such as Facebook Inc (F), Amazon.com, Inc. (AMZN), Netflix, Inc. (NFLX), and Google (GOOG)(GOOGL) have pushed technology ETFs like Technology SPDR (XLK) to new heights.
With valuations hitting all-time highs, investors have had a tough time picking fast-growth companies that aren't overvalued.
After all, even if a company is growing sales and profits, there's no guarantee that the stock will follow suit if it's overpriced.
At InvestorGuide, we've put together a list of our writer's best tech stocks for October.
Image by / c2.staticflickr.com
With an ever-rising market, one of them is actually a short
Amazon has been a consistent performer and I expect it to deliver another good quarter heading into the earnings season.
Although it may have taken longer than expected, there are signs of major turnaround.
Netflix may have rallied strongly on the acquisition rumors, but I think investors can benefit from the rally by betting against the stock.
Published on Oct 11, 2016
By Ryan Vanzo