3 Mega-Cap Tech Stocks with More Than 20% Upside Potential

During the first six months of the year, the tech sector ripped higher, recovering from a lackluster 2022 performance as enthusiasm over widespread artificial intelligence (AI) adoption helped to revive investors' risk appetites. More recently, however, an uptick in economic uncertainties - punctuated by high-profile downgrades from Fitch and Moody's, along with a lackluster sales forecast from sector heavyweight Apple (AAPL) - has paused the breakout rally that characterized the first half of 2023.

However, there may still be some significant upside left in the mega-cap tech stocks, based on analysts' forecasts for the group - which means any pullbacks could be a buying opportunity for investors. Here's a look at three big tech stocks that Wall Street is expecting to rally 20% or more from current levels.