2 Beaten-Down Technology Stocks to Buy Despite Tariffs
From Nasdaq.: 2025-05-03 04:50:00
Tariff mania has caused significant volatility on Wall Street, impacting the U.S. economy and global markets. Despite this, long-term investors can find opportunities in technology stocks like TSMC, a dominant player in computer chips exempt from tariffs, with strong revenue growth and plans for expansion in the U.S.
Alphabet’s AI investments are driving demand for TSMC’s computer chips, despite competition from AI upstarts like OpenAI. While facing challenges in search engines, Alphabet’s solid financial results and infrastructure advantage position it well in the AI market. With the stock down on AI competition fears, now may be a good time to buy the dip.
Consider TSMC for investment, as it offers growth potential and stability in the turbulent market. Stock Advisor’s top 10 list excludes TSMC, but past recommendations like Netflix and Nvidia have yielded significant returns. Join Stock Advisor for access to potential high-performing stocks and market-crushing returns compared to the S&P 500.
Read more at Nasdaq.: 2 Beaten-Down Technology Stocks to Buy Despite Tariffs