While the allure of tech growth stocks is hard to deny, savvy investors are increasingly turning their attention to tech value stocks. Such stocks possess solid fundamentals and are typically undervalued compared to their intrinsic worth.
However, with rapid shifts in technology, it’s imperative for investors to effectively identify tech companies that only have enduring competitive advantages. But, they also continue to operate in rapidly expanding total addressable markets.
Allocation to these value tech stocks is prudent and can also offer significant upside potential.
This post appeared first on InvestorPlace.