
Despite macroeconomic challenges, the tech industry is expected to grow due to increasing digital transformation, prominent advancements and rising demand. Given the industry’s solid growth prospects, investors could consider buying fundamentally sound tech stocks such as Nidec Corporation (NJDCY), Logitech International S.A. (LOGI), Iteris, Inc. (ITI) for solid returns.
Before delving deeper into their fundamentals, let’s discuss what’s happening in the tech industry.