While the macroeconomic challenges are keeping the tech sector under pressure, it looks well-positioned for long-term growth with increasing investments and ongoing digital transformation. So, investors looking for quality tech stocks can consider buying Dolby Laboratories, Inc. (DLB), CTS Corporation (CTS), and Kimball International, Inc. (KBAL).
According to Gartner, Inc., global government IT spending is expected to reach $589.80 billion in 2023, a 7.6% rise from 2022.
