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The 3 Best Tech Stocks to Buy in a Post-Vaccine World

If you've been following the logic of the markets lately, it's telling us a coronavirus vaccine is bad news for tech stocks. The Dow rallied over 1,000 points on the news that Pfizer (NYSE: PFE) has announced its COVID-19 vaccine is more than 90% effective. But the tech-heavy Nasdaq is down 2% on the week. Many stay-at-home stocks like Zoom (NASDAQ: ZM) and Peloton Interactive (NASDAQ: PTON) stumbled on the news and are down double digits on the hopes of returning to normal life. Zoom plunged over 25% by mid-week. Many have compared the current run in tech stocks to the Dot-com bubble. Excessive speculation on internet companies drove share prices up until the market peaked in early 2000, then the whole thing came crumbling down. I'm here to tell you this is not the case today. Far from it. And it's giving us the opportunity to invest in some of the best tech stocks on the planet for absurd discounts. Read more... Tags: tech stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The 3 Best Tech Stocks to Buy in a Post-Vaccine World appeared first on Money Morning - We Make Investing Profitable .
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