What a brutal year for the tech sector.
After seeing run-ups that set shareholder hearts fluttering early in the year, the biggest tech names down to the smallest have seen those numbers head south.
The sector is in such a malaise that even Apple (NASDAQ: AAPL) could barely move the needle after its much-anticipated September announcements.
In other words, there appears to be nothing going on in the sector to make investors sit up, take notice, and buy a stock.
On the other hand, it’s possible that this lull and price beat-down is a buying opportunity, particularly if there’s a case that (1.) the underlying stock has a base from which to weather a price drop, (2.) an unseen but possible event bumps up the price, or (3.) the sector itself is actually just simply oversold.
Let’s take a few minutes to find those possible diamond in the rough opportunities that are perhaps worth dipping into for the long-term play, along with answers to why these investments could be in your best interest.