Tariffs impacting tech sector, but select tech stocks with less hardware reliance recommended

From Nasdaq: 2025-04-27 07:30:00

Worries about U.S. tariffs have impacted the tech sector, causing many tech stocks to fall. However, parts of the industry less reliant on hardware offer investment opportunities once sentiment improves. Analysts from The Motley Fool recommend tech stocks to sidestep tariff concerns.

Shares of Meta Platforms have dropped nearly 30% due to market volatility, but the company continues to grow steadily. With a history of surpassing earnings and revenue expectations, Meta Platforms remains a solid investment option despite short-term setbacks.

The Trade Desk, a leading adtech company, experienced a decline in stock value after underwhelming Q4 earnings. However, the company’s strong position in the digital advertising market and compelling valuation make it a promising investment for long-term gains.

MercadoLibre, a Latin American tech conglomerate, has thrived despite regional challenges. The company’s diverse businesses generated substantial revenue and net income in 2024. Despite tariff concerns, MercadoLibre’s stock has risen and offers an attractive option for investors seeking to avoid tariff-related pressures.

Investors should consider the 10 best stocks to buy now, as recommended by The Motley Fool Stock Advisor analyst team. While Meta Platforms may not be on the list, historical performance shows significant returns for stocks identified by Stock Advisor. Join Stock Advisor to access the latest top 10 list for potential investment opportunities.



Read more at Nasdaq: 3 Beaten-Down Tech Stocks That Should Recover Despite Tariffs