Alphabet, Amgen, Infineon & Co: Tech stocks with potential

Dusseldorf Concerns about rising interest rates have recently weighed heavily on technology stocks: Since Christmas, stocks on the world’s largest technology exchange, Nasdaq, have lost 14 percent. In the German TecDax, the losses are even higher at 19 percent. The often highly indebted technology companies would suffer particularly from sharply rising interest rates.

This means that tech stocks are no longer strong compared to their long-term average, but are only slightly overvalued. However, the US Federal Reserve recently signaled that it would be careful with a tighter monetary policy in view of the more uncertain prospects for the economy following the outbreak of the war in Russia and the associated economic sanctions.

For this reason, many, and above all large, interest rate hikes of half a percentage point, as was feared until February, are now considered unlikely. This benefits technology stocks.

Below-average stocks of companies that have grown strongly in recent years and that analysts believe will continue to grow in the coming years appear promising.