The Nasdaq experienced a sell-off in March and April, and has since rebounded. But not every tech sector has rebounded completely, and that's brought us some great stocks to buy.
According to Money Morning's experts, the semiconductor industry has never looked healthier, but it still faced the brunt of the recent sell-off. That's why they're recommending semiconductor stocks while they're trading at discounted prices.
But these stocks to buy won't be cheap for long. Get in on these profit plays before the crowds catch on...
Don't Miss This Sector in 2013
In one high-tech sector, the projections for 2013 are calling for across-the-board revenue growth of as much as 10% - and parts of it could advance at three times that pace.
Now, double-digit growth in a slow-growth economy is pretty great all by itself. But the fact that these stocks have actually been negatively correlated to the broader stock market means this is an investment that could also serve as a bit of a hedge against a drop in the Standard & Poor's 500 Index.
So if you are really concerned that U.S. stocks could sell off this year, this could be one investment that will provide actual growth - and act as a hedge against a market downturn.
I'm talking about semiconductors - the bedrock of modern electronics.
Just look at these forecast numbers... Read More...
Investing in Semiconductor Stocks: Three Chipmakers on the Upswing
Global semiconductor sales have been pretty listless lately, but new data suggests a turnaround is on the horizon for this sector.
In fact, one new forecast by research firm IDC predicts the rate of growth in the semiconductor sector could potentially double in the latter part of this year.
For semiconductor stocks, this newfound growth could provide a big lift in profits.
Even smaller chipmakers may have suitors knocking on their doors for takeovers as they look to increase their market share.
What does this mean for investors?
Now is the time to start looking for the next big winner in semiconductors.
Semiconductor Stocks in 2012According to IDC,semiconductor sales increased 3.7% to $301 billion last year thanks to increased orders for wireless-device chips.
But 2012 looks even better. The forecast has worldwide semiconductor sales increasing 6%-7%. This will come from declining customer inventories and the never-ending demand for smartphones, tablets and "iDevices."
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