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However, growing demand for tech solutions from almost all industries, and technological advances in cloud computing, artificial intelligence (AI), and 5G communications, among other areas, are expected to shape the industry’s future.
Fundamentally sound tech players Sharp Corporation (SHCAY), Diodes Incorporated (DIOD), and Extreme Networks , Inc. (NASDAQ:EXTR) have witnessed price declines lately thanks to the broader industry’s downtrend, and they look undervalued now. So, given their solid growth prospects, we think betting on these stocks at their current price levels could generate significant returns in the near term.
