Many tech stocks surged over the past year as expectations for lower interest rates drove investors back toward higher-growth companies. But with the Nasdaq Composite now hovering near its all-time highs, investors should get picky with the stocks they buy.
So instead of chasing the highest-growth tech stocks, it might be prudent to check out the cheaper ones that pay higher dividends. These stalwarts should hold up well during a market downturn, and their dividends will become more appealing as interest rates decline. These three undervalued tech stocks still look like great buys in January.
This post originally appeared at The Motley Fool.