
Despite uncertainties remaining at the forefront, the tech industry has made a surprising turnaround in the first half of this year. Therefore, let us probe into some buy-rated tech stocks, Zoom Video Communications, Inc. (ZM), Jabil Inc. (JBL), and Xerox Holdings Corporation (XRX), to see if they are worth investing in now.
U.S. tech stocks have enjoyed a stellar rally so far in 2023, fueled by the companies' strong earnings reports and the Artificial Intelligence (AI) craze that helped several tech companies stage a solid comeback. The broader technology sector looks attractive with the tech-heavy Nasdaq Composite index’s 29.4% year-to-date gain.