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4 Tech Stocks That Are Showing Signs of Life Right Now
New year, new market? The disaster that was Q4 may have shaken investor confidence in 2019, but U.S. equities have started the year with three out of four up days.
Whether this is a sign of an all-out reversal or merely a short-term bounce remains to be seen, but the “mini-rally” for tech investors the past couple of weeks have provided a much-needed reprieve.
The Technology Select Sector SPDR Fund XLK 0.28% was down 18 percent in the fourth quarter of 2018 as nearly the entire sector closed the year on a down note. Some of those stocks, however, have begun to show signs of life in recent days. Using predictive software VantagePoint Software, which uses artificial intelligence and machine learning to predict trend changes 1-3 days in advance with up to 86 percent accuracy, we can find which stocks look primed to go higher through the end of this week.
Photo: Getty iStock