The technology sector is generally responsible for innovation and growth. Thus, it’s no surprise that it often produces highly valued stocks. Yet, there are plenty of underestimated tech stocks poised for a breakout.
Once these bargain stocks break out, they tend to create instant value for investors. Fortunately, there are relatively easy ways to identify shares with such potential. Value metrics are an extremely useful tool, but they are not the only factors investors should consider when hunting for bargains.
Thematic direction of markets and how a given stock fits such narratives should also be examined. Let’s take a look at three underestimated stocks poised for a breakout.
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