Although the current stock market volatility has created unease, it can also emerge as an opportunity to invest in top tech stocks for the long run. Therefore, quality technology stocks Cisco Systems, Inc. (CSCO), Gartner, Inc. (IT), and Extreme Networks, Inc. (EXTR) could be worth buying.
With the Federal Reserve likely to continue hiking its benchmark interest rate through the spring, investors should expect more downside pressure from headwinds associated with higher borrowing costs and the increasing likelihood of a recession. After enduring a brutal time last year, this could induce further pressure on the interest-rate-sensitive sector.
