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The big infrastructure bill recently passed in the U.S. Senate has switched investors’ focus to cyclical stocks. Nevertheless, concerns regarding the resurgence of COVID-19 cases are expected to boost investments in tech stocks in the near term.
Given this backdrop, we think surging tech stocks SPS Commerce, Inc. (SPSC), Nova Ltd. (NVMI), Methode Electronics, Inc. (MEI), and OSI Systems, Inc. (OSIS) could hit fresh price highs soon.
