July 24, 2024

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10 Best Tech Stocks to Buy for 2023 | Investing

10 Best Tech Stocks to Buy for 2023 | Investing

After an uncharacteristically sluggish performance in 2022, tech stocks have come roaring back to life in 2023. In fact, the Technology Select Sector SPDR ETF (ticker: XLK) has more than doubled the S&P 500’s year-to-date return. For more than a decade, brief periods of tech sector underperformance have consistently been long-term buying opportunities, and that trend seems to be playing out once again so far in 2023.

However, inflation and interest rates remain headwinds for tech earnings in the near-term, making stock selection critical. Here are 10 of the best tech stocks to buy today, according to CFRA analysts: