Need tech stocks? These are 2 very good purchases.

After a remarkable decade and more, technology stocks have become one of the best performing sectors in the market. Nasdaq 100 Technology Sector Index lost one-third of its value in the first six months of the year. Today it is deep in the bear market territory.

As oil prices rise, investors are jumping on the bandwagon and entering the energy sector. Many consumers believe that the companies that produce the products they use every day will be stronger in the recession.

That should be a good time to invest in tech stocks now. Many are trading at a very low price from where they were a few months ago, and while it may not be wise to simply tie your investment decisions – you can always fall further – quality names are being offered at invisible prices. Over the years.

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Buying now means you may not have the right bottom line (of course, no one can do the right thing at the top and bottom), but in the long run, those who miss a few coins or dollars will be negligent of your total income. If you are a long-term investor with different portfolios and you do not want to pay bills or invest in emergencies, these two technology stocks will give you a solid business at a good price.

1. Erbinbi

The chances of a recession are getting worse. Erbanbi (Abn.B. 2.62%) Because declining means losing your job, and in the end, people spend less on vacation. In 2022 alone, the share of short-term landlords fell by 43 percent, down from 57 percent last year.

But there is good reason to believe that the fears are overcrowded. Despite inflation, gas inflation and the Federal Reserve’s interest rates, air travel has increased by 16 percent since the end of June, according to the Transportation Safety Administration. Although the number of passengers has not yet reached the pre-epidemic level, people are still looking to fly.

It is also appearing on Airbnb products. More than 100 million nights and experiences were first captured in the first quarter, a crucial measure for a vacation rental company, bringing the total average daily booking to over $ 17 billion. The $ 229 million adjusted EBITDA is the first of its kind, and Erbani is expected to report net profit for the first time this year.

Of course, there are risks to the hospitality industry, but Erbib is a good company that is offering the lowest price after its launch in late 2020.

2. Snowflake

While a cloud-data storage company Snowflake (Snow 3.93%) It dropped to its lowest level in mid-June, trading below the IPO price (it was officially announced in 2020) according to Erbinby. Although he still trades for the so-called nosebleeds, there may be good reason to think he will grow into it.

Businesses continue to transfer data to the cloud, and Snowflax technology is built on a variety of popular cloud services, allowing companies to share data even if they don’t use the same infrastructure.

Analysts predict that snowflake revenues will grow sharply over the next five years, from $ 1.2 billion to 10.3 billion by the end of January, to nearly 10.3 billion by 2027, up 53% year-over-year. It is expected to lose $ 0.08 per share to $ 2.32 billion and $ 2.8 billion in cash flow.

And like Erbineb, the cloud-data storage expert faces risks, although more so “will investors continue to support such high prices until they make progress?” Not only did he hit him, but I was arguing that he was getting bigger and bigger.

Because storing information in the cloud is not a luxury but a necessity.