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But because these factors are not likely to dissipate soon, analysts anticipate a significant market correction sometime soon. However, the continuation of remote and hybrid working structures amid the resurgence of COVID-19 cases, and the industry’s sound long-term growth, should allow tech companies to prosper, despite the market’s weakness. Thus, betting on fundamentally sound, undervalued tech stocks could hedge one’s investment portfolio against market fluctuations.
We think fundamentally sound tech stocks Amkor Technology , Inc. (AMKR), Teradata Corporation (NYSE:TDC), NetScout Systems, Inc. (NTCT), and Himax Technologies, Inc. (NASDAQ:HIMX) have the potential to capitalize on their respective industry tailwinds and deliver stable returns.
