Why Sea Limited Stock Is Still a Buy Right Now
It might not seem like it, but this is the perfect time to be buying tech stocks.
And Sea Limited stock is one of the best opportunities out there.
Over the last month tech growth stocks have taken a major hit with companies like Tesla down 30% and Roku down 35%.
A big part of this is attributed to the rising 10-year treasury yield towards 2% and investors moving money back into stocks that will benefit the most from an economic rebound.
In other words, the tech selloff had little to do with the sector or the companies.
This led to many stocks getting thrown out with the bath water and has created a perfect opportunity to find great technology stocks on sales.
This is why I am coming back to one of my favorite stocks, Sea Limited…
Tags: Stocks to Buy
The post Why Sea Limited Stock Is Still a Buy Right Now appeared first on Money Morning – We Make Investing Profitable.
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