Are These The Top Tech Stocks To Invest In Right Now?
With the broader stock market steadying from last week’s rally, consumer tech stocks could be worth watching now. Even with the Federal Reserve expected to accelerate the tapering of its easy-money policies this week, the industry remains a viable play for investors.
After all, a key factor for a potential speed up in the Fed’s taper plans would be rising inflation. This is evident as just last week, November’s Consumer Price Index readings came in at a 6.8% increase, its fastest rate since 1982. Even so, the pricing power in the consumer tech industry remains as solid as ever amidst strong consumer markets.
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