2 Leading Tech Stocks to Buy in 2023 and Beyond – The Motley Fool
Amazon and Alphabet should flourish over the long term, thanks to their positions in AI and cloud computing.
Last year was a terrible one for tech stocks, with hikes in inflation dragging down the entire market. Market leaders Amazon (AMZN 0.11%) and Alphabet (GOOG 1.17%) (GOOGL 1.34%) experienced stock declines of 50% and 39%, respectively, throughout 2022 as a result.
However, the market has seen a surge in 2023, with industries like artificial intelligence (AI) and cloud computing gaining favor with investors. Consequently, companies in these sectors have become increasingly compelling investments before a likely bull run.
Dominant in their respective markets, Amazon and Alphabet have seen their companies flourish over the years, and their potent businesses are likely to keep expanding.
1. Amazon
An economically challenging 2022 caused steep declines in Amazon’s e-commerce business, with its North America and international segments reporting a combined $10.6 billion in operating…
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