Many technology stocks have been under pressure amid rising interest rates, which dampens the borrowing potential of growth companies. Additionally a global semiconductor shortage has disrupted many big companies' operations including Apple (AAPL). Michael Robinson still sees opportunities within the sector, however he recommends investors be extra selective and look for companies with strong earnings growth and technicals. Two tech stocks on Robinson's watch list are: Inmode (INMD) following a stock split and earnings beat as well as Sitime (SITM).
The Watch List
13 Oct 2021
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