Big Tech Stocks Tumble - Warning or Opportunity?
Technology stocks were particularly hard hit (with many in the group of correction territory) as bond yields rose. Rising yields often signify that investors see inflation and strong economic demand in the future.
The Federal Reserve confirmed it will likely soon begin reducing it’s bond purchases, which could lower bond prices and lift their yields. Higher bond yields make future profits less valuable and fast-growing technology stocks are looking for big profits many years down the line.
Technically, a correction is a 10% or greater drop. I do not think we have seen the bottom yet in some of these tech stocks…
The Tech Stocks in my current watchlist:
$DocuSign(DOCU.US$
$Adobe(ADBE.US$
$CrowdStrike(CRWD.US$
$Apple(AAPL.US$
$SoFi Technologies(SOFI.US$
$Alphabet-A(GOOGL.US$
$Amazon(AMZN.US$
$Taiwan Semiconductor(TSM.US$
$SEMrush(SEMR.US$
$Fiverr International(FVRR.US$
$Facebook(FB.US$
$Spotify Technology(SPOT.US$
$Cisco(CSCO.US$
$Splunk(SPLK.US$
$Cloudflare(NET.US$
$Facebook(FB.US$ was the biggest loser on 04 October 2021 as it was dealing with widespread outages.
I personally, don’t expect the (one-off) seven-hour global outage to have any long-lasting impact on $Facebook(FB.US$ network effect. Facebook is a fast-growing and lucrative company. And, it certainly seems attractive based on it’s strong fundamentals and valuation.
The Federal Reserve confirmed it will likely soon begin reducing it’s bond purchases, which could lower bond prices and lift their yields. Higher bond yields make future profits less valuable and fast-growing technology stocks are looking for big profits many years down the line.
Technically, a correction is a 10% or greater drop. I do not think we have seen the bottom yet in some of these tech stocks…
The Tech Stocks in my current watchlist:
$DocuSign(DOCU.US$
$Adobe(ADBE.US$
$CrowdStrike(CRWD.US$
$Apple(AAPL.US$
$SoFi Technologies(SOFI.US$
$Alphabet-A(GOOGL.US$
$Amazon(AMZN.US$
$Taiwan Semiconductor(TSM.US$
$SEMrush(SEMR.US$
$Fiverr International(FVRR.US$
$Facebook(FB.US$
$Spotify Technology(SPOT.US$
$Cisco(CSCO.US$
$Splunk(SPLK.US$
$Cloudflare(NET.US$
$Facebook(FB.US$ was the biggest loser on 04 October 2021 as it was dealing with widespread outages.
I personally, don’t expect the (one-off) seven-hour global outage to have any long-lasting impact on $Facebook(FB.US$ network effect. Facebook is a fast-growing and lucrative company. And, it certainly seems attractive based on it’s strong fundamentals and valuation.
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KT88 : The way I see it - it’s an opportunity. I will be keeping tabs on your watchlist too.
102823153 Kelvin : So should wait?
HopeAlways : $Facebook (FB.US)$ is still one of those tech firms that has grown stronger over time.
SyueeOP 102823153 Kelvin: Although $Facebook (FB.US)$ stock could remain volatile in the short term amid the controversy over Instagram, the whistleblower expose and the 7-hour long mass outage, the recent weakness does present a good buying opportunity, especially for long-term investors.
SyueeOP KT88: Me too, good luck!
HuatEver SyueeOP: I Guess You Are Right. Let's See.
SyueeOP HopeAlways: Agree.
$Facebook (FB.US)$ looks among the best stocks in social media industry. Growth outlook looks impressive and the long-term prospects remain promising too.
HuatLady : On Monday, $Facebook (FB.US)$ shares has dipped by about 5% due to the negative impacts of Frances Haugen's allegations and the recent global outrage to its systems. I agree that it is a favourable opportunity for investors to trade but they have to buy with caution because there are still some existing outstanding issues to be sorted out.
SyueeOP HuatLady: I share the same views.
A decision to invest in $Facebook (FB.US)$, or any stock, requires research and analysis. Investors should also consider both the potential rewards and risks before buying stocks.
HuatEver : Whistle blower, Frances Haugen claimed that $Facebook (FB.US)$” priorities it’s own profits over the users’ health and safety issues”. Will her allegations impact
on $Facebook (FB.US)$ shares although Tuesday’s global outrage can be forgiven and forgotten eventually?
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