Top 3 Discounted Tech Stocks to Buy This Cyber Monday
The Monday following Thanksgiving is traditionally celebrated as Cyber Monday, marking the day when numerous companies showcase their premier online tech shopping deals.
Cyber Monday etched its place in history as the most lucrative day for retail e-commerce sales in the U.S. during 2022. Demonstrating a substantial 5.8% surge from the prior year, last year's Cyber Monday sales tallied an impressive $11.3 billion. Anticipation is high for this year to set a new record, with projections indicating a further escalation in sales.
The discounts offered on Cyber Monday exert a positive influence on the turnover of companies within the retail sector, particularly impacting the technology-heavy Nasdaq index. Investors can leverage this event as a prime opportunity to explore discounted technology stocks among those listed on Nasdaq.
While technology firms experience a notable uptick in revenue on Cyber Monday, this occasion also serves as an opportunity for investors to enhance their year-end stock portfolios accordingly.
In this realm, InvestingPro is as an exceptionally practical tool for identifying stocks with the most promising upside potential within the technology sector based on specific criteria. It, too, is running a Cyber Monday deal, with up to 55% off in subscription plans.
The robust filtering feature of InvestingPro enables swift and efficient identification of these stocks, making it an invaluable resource for investors seeking to capitalize on the opportunities presented by Cyber Monday.
To do this, you can click on the «screener» tab from the left menu of the InvestingPro platform and list the technology stocks with strong financial structure and upside potential, either by searching yourself or by using
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