The recent selloff in the tech sector may be coming to an end, as investors appear to be cashing out of their positions in tech stocks. The selloff began last week when the tech-heavy Nasdaq Composite Index plunged 9% in a single day. This was followed by a 5% decline in the Dow Jones Industrial Average and a 3% decline in the S&P 500 Index.
The selloff was triggered by fears that the tech sector is overvalued and that a bubble is about to burst. However, many analysts believe that the selloff is simply a correction after a prolonged period of growth in the tech sector.
It looks like investors can only get more interested in tech from here. I suggest checking out some OTC stocks. Many of the companies that trade on the OTC markets are operating at high-performance levels and are looking to uplist to a larger exchange like the NASDAQ.
Companies like iQSTEL (OTC:IQST), CleanVision Corp (OTC:CLNV), SFLMaven (OTC:SFLM), Ludwig Enterprises (OTC:LUDG) and Endexx (OTC:EDXC) are all operating in innovative sectors and are on the cusp of rapidly growing their annual revenues, and in some cases are bringing in revenues and are about to enter phases of substantial growth.
Featured: $IQST $CLNV $SFLM $LUDG $EDXC