The tech sector has witnessed solid growth over the past years. However, the Fed’s rate hikes to curb inflation are constraining tech firms of all sizes. Also, with slowing demand and increased competition, some tech stocks may be headed for a pullback.
Therefore, we think Aurora Innovation, Inc. (AUR), DMG Blockchain Solutions Inc. (DMGGF), and MMTec, Inc. (MTC) might be best avoided now, considering their bleak fundamentals.
