3 Cheap Tech Stocks to Buy Right Now
DigitalOcean, Applied Materials, and Lumen look undervalued in this frothy market.
The S&P 500 and Nasdaq Composite have pulled back from their all-time highs since the start of the year amid rising concerns about an economic slowdown, potential tariffs, rising inflation, and interest rates going back up. At the same time, many of the top tech stocks are still trading near their all-time highs -- so value-seeking investors might still shy away from the heated sector.
But value-seekers shouldn't give up, there are still plenty of promising tech stocks trading at discount valuations. These three stocks check those boxes: DigitalOcean (NYSE: DOCN), Applied Materials (NASDAQ: AMAT), and Lumen Technologies (NYSE: LUMN). Let's see why these three cheap tech stocks are potential buys right now.
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