The economic situation has certainly weighed down stocks this year. The S&P 500 is in correction territory, down by roughly 18% year-to-date, and the tech-heavy Nasdaq is deep in bear-market territory, down by 26%.
It’s not all doom and gloom for tech stocks, though—at least not the stocks of companies that are cash-rich and report high revenue and earnings growth. One of the best tech stocks at the moment is Bel Fuse Inc (NYSE:BELFB).
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