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StockNews.com
StockNews.com
Business
Abhishek Bhuyan

Buy or Sell These 3 Tech Stocks in August?

SAIC TDC CLS Science Applications International Corporation Teradata Corporation Celestica Inc Microsoft

Last year, tech stocks were under pressure due to the Fed's aggressive interest rate hikes. However, tech stocks have rebounded strongly this year due to easing inflation and the anticipation of a pause in interest rate hikes. Moreover, increased tech adoption in businesses and the rising global demand for tech services are expected to boost the prospects of the tech services industry.

To that end, it could be wise to buy fundamentally strong tech stocks Science Applications International Corporation (SAIC), Teradata Corporation (TDC), and Celestica Inc. (CLS).

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