The market continues to see all-time new highs with tech stocks becoming more popular than ever before. In fact, people have started leaning toward tech SPDR that outperformed S&P 500’s total return in the last year. For what felt like forever, AI was treated like the middle child but for more than a decade, the underperformance of the tech sector has been serving opportunities for long-term buyers.
Although April battled with concerns of inflation and the risk sentiment was mostly negative on tech names, we all know that tech companies are building our future. So whether it’s a phone maker or an AI company, are tech stocks a buy in 2024?