Tech Sector Bull Rally Continues
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NvidiaThe Motley Fool
•Technology
Technology
2 Top Tech Stocks to Buy Right Now
84% Informative
The stock market had a solid 2024 , powered by the technology sector.
But the bull rally seems far from over.
Technology stocks, riding on trends such as predictive AI , cloud computing, automation, digitization, and other advanced technologies, should gain even in 2025 .
Investors can benefit from these trends by picking up small stakes in high-quality, fundamentally strong technology stocks.
Meta Platforms has $70.9 billion cash on its balance sheet at the end of the third quarter .
Despite the strong business model and robust growth prospects, Meta is currently trading at a reasonable forward price-to-earnings ratio of 23.9 .
Despite mounting losses of Reality Labs and rising capital expenditure investments, Meta seems a smart pick for January 2025 .
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