It's been a brutal year for tech stocks. History may not repeat itself, but this current market sell-off does resemble some characteristics of the 2000 tech bust. However, as companies improve their profitability prospects and efficiencies, there are reasons to believe that a wide range of hard-hit tech companies can march higher, even if interest rates were to stay at these heights. In this piece, we'll compare three capable tech companies, UBER, TSM, and TTWO, that analysts think can get back up on their feet under their own power. Uber (NASDAQ:UBER) First up, Uber is a ride-hailer that lost around 64% of its value from peak to trough.
https://www.tipranks.com/news/article/looking-for-bargains-these-3-pummeled-stocks-are-strong-buys?utm_source=advfn.com&utm_medium=referral
Uber Technologies (NYSE:UBER)
Historical Stock Chart
From Dec 2022 to Jan 2023 Click Here for more Uber Technologies Charts.
Uber Technologies (NYSE:UBER)
Historical Stock Chart
From Jan 2022 to Jan 2023 Click Here for more Uber Technologies Charts.