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StockNews.com
StockNews.com
Business
Rashmi Kumari

GoPro (GPRO) and Quantum (QMCO): Are These Tech Stocks Worth Buying Now?

QMCO GPRO GoPro Quantum Corporation

While macroeconomic challenges have harmed the IT sector, its long-term prospects remain optimistic. Therefore, it could be wise for investors to buy fundamentally sound tech stock Quantum Corporation (QMCO) now. However, I think it would be wise to wait for a better entry point in GoPro, Inc. (GPRO).

The global information technology market is predicted to reach $1.36 trillion by 2029, growing at a CAGR of 14.7%. The IT market is predicted to increase as a result of the advancement in technology and the growing need for digital transformation in various industries.

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