16 Undervalued Wide-Moat Tech Stocks
The battering that the technology sector has taken over the last three months has left these high-quality firms trading in 4- and 5- star territory.
Mentioned: Tencent Holdings Ltd (TCEHY)
, Guidewire Software Inc (GWRE)
, Facebook Inc (FB)
, ServiceNow Inc (NOW)
, Alphabet Inc (GOOG)
, Blackbaud Inc (BLKB)
, Applied Materials Inc (AMAT)
, Adobe Inc (ADBE)
, Intel Corp (INTC)
, Salesforce.com Inc (CRM)
The last three months have been tough for technology stocks.
The sector (as measured by the Morningstar US Technology index) has been the worst performer over that time period, falling over 11.9%. That's essentially double the decline experienced by the broad-based Morningstar US Market Index.
Jeremy Glaser has a position in the following securities mentioned above: MSFT. Find out about Morningstar’s editorial policies.