If you think tech is done, consider these stocks

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Tech stocks have been reeling from high interest rates this year.

Rising rates hurt tech stocks by making their future earnings less attractive compared to interest rates on Treasury bonds.

But have we bottomed out in tech stocks? The answer is probably no, as the Fed has made it clear that it will continue to raise rates. But it’s not 100% certain, and the Nasdaq Composite is up 6% since September 6th.

For those of you looking to start investing in tech stocks, here are three megacaps to consider. Morningstar assigns the broadest death of all. According to the research firm, a dead company can generate higher returns on capital for many years by fending off competition.



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