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These 3 Tech Stocks Are Tanking on Tariff News. Should You Buy the Dip?
After weeks of uncertainty and anticipation, President Donald Trump's "reciprocal tariff" plan was unveiled after the market closed on Wednesday. When the dust settled on the first trading day after the announcement, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) saw their worst days since 2020, closing the day down 4.8% and 6%, respectively.Companies that rely on global supply chains to sell their products were hit particularly hard, but even some tech stocks that are less impacted were also dragged down. In times like this, investors should keep their cool and not let emotions get the best of them. It can also be a buying opportunity, as many stocks are now trading for a lower valuation.Let's take a look at three tech stocks to see if they're worth buying the dip.Continue reading
After weeks of uncertainty and anticipation, President Donald Trump's "reciprocal tariff" plan was unveiled after the market closed on Wednesday. When the dust settled on the first trading day after the announcement, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) saw their worst days since 2020, closing the day down 4.8% and 6%, respectively.
Companies that rely on global supply chains to sell their products were hit particularly hard, but even some tech stocks that are less impacted were also dragged down. In times like this, investors should keep their cool and not let emotions get the best of them. It can also be a buying opportunity, as many stocks are now trading for a lower valuation.
Let's take a look at three tech stocks to see if they're worth buying the dip.
