While the tech-heavy Nasdaq 100 is up 24% over the past year, it’s only up 3.7% year to date.
Sure, it’s outperforming the S&P 500 in 2018, but when you look at the chart, you can see it hasn’t been a steady journey by any means.
Volatility is back, and given the state of affairs in Washington and some of the things going on around the world, volatility is likely to increase rather than decrease in coming months.
What’s more, the beloved tech sector is going through its own changes. Everything from major chip companies to up-and-coming cloud companies are getting their comeuppance after a couple years of strong growth.
So, in a time of rising risk, I thought it would be a good idea to share with you tech stocks that aren’t worth the risk, especially right now. Most of these firms are on the smaller end of the tech sector and while they have potential, now isn’t the time to be looking for them to make a run to greatness.