Growing digitalization across several industries is expected to drive continued growth in technology spending around the globe as businesses prioritize innovation, efficiency, and resilience in a digital era. In addition, the development and widespread adoption of emerging technologies like AI, cloud computing, and IoT are expected to fuel growth in the tech sector.
Despite favorable industry trends, tech stocks Zebra Technologies Corporation (ZBRA), Riot Platforms, Inc. (RIOT), and IonQ, Inc. (IONQ) could be best avoided now, considering their weak fundamentals.
