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While the major stock market indexes are hovering near their all-time highs thanks to the Senate’s recent passage of a whopping infrastructure spending bill and solid corporate earnings, many analysts expect the market to experience a correction in the near term on concerns over the spread of the Delta variant of COVID-19 and rising inflation. However, the odds of the market witnessing a year-end rally are very high considering the continuing economic recovery.
So, we think it could be wise to bet on under-the-radar tech stocks United Microelectronics Corporation (UMC), Commvault Systems, Inc. (CVLT), ChipMOS Technologies Inc. (IMOS), and Information Services Group, Inc. (NASDAQ:III) to cash in on the technology industry’s solid growth prospects.
