Hammered down by reasons such as sky-high inflation, rising interest rates by Fed, layoffs, and recessionary fears, the tech-heavy Nasdaq Composite plunged 15.4% over the past year. However, with a rising inclination toward the adoption of advanced digital technology, the industry is well-positioned to witness considerable growth . Moreover, investment management firm Allianz Global Investors believe that the potential peaking of interest rates this year could bode well for the tech sector and pose an attractive entry point for investors. Furthermore, the global information technology market is forecasted to grow from $8.18 trillion in 2022 to $12 trillion in 2027 at a CAGR of 7.9%. Against this backdrop, fundamentally strong tech stocks having major growth opportunities, Vishay Intertechnology, Inc. ( VSH ), TTM Technologies, Inc. ( TTMI ), and Cambium Networks Corporation ( CMBM ), might be solid buys in 2023. Vishay Intertechnology, Inc. ( VSH ) VSH manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs); Diodes; Optoelectronic Components; Resistors; Inductors; and Capacitors. On February 1, 2023, VSH introduced a new Automotive Grade series of vPolyTan™ surface-mount polymer tantalum […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
