2023 Tech sector speculation report

With inflation at a 40-year high it is no surprise as to why investors are leaning towards recession proof stocks.
GANGNAM-GU, South Korea - Oct. 19, 2022 - PRLog -- In the past year traditional markets and cryptocurrency have taken a hit due to factors such as the Federal Reserve announcing an increasing amount of interest-rate hikes. With inflation at a 40-year high and the sentiment of a recession coming from many financial advisors, it is no surprise as to why investors are leaning towards recession proof stocks.

What are recession proof stocks?

Recession proof stocks are company shares that do not decline in value so extremely during a recession compared to other stocks. During previous recession eras, certain industries such as the defensive, healthcare & utilities industries have performed better than others. In the modern day with technological changes in the economy we are seeing that the tech sector may be the sector that thrives during a recession.

Speculating 2023

The tech sector is a consistently changing space and the future can only include much more growth at an exponential rate. Over the past decade, tech companies such as Netflix, Tesla, Meta and Apple have dominated the market becoming household names, but it is newer companies that are witnessing exponential growth in recent years that is unlike before such as;

1. XPENG & Rivian - electronic vehicles (EV)

2. Klarna & Stripe - Fintech & online payments

3. Alibaba & Salesforce - AI & Cloud Computing

4. SpaceX & Amazon - Space exploration


"We advise past and upcoming tech stocks to the majority of our existing clients at W Asset Management.  It is easy to see that tech stocks can go from start-up to billion dollar organisations in a relatively short period." Chris Lawson, head of private equity, W Asset Management, Seoul.

If you are interested in investing in one of our exciting and lucrative opportunities please see the following steps:
  • Open a account and become a valued client or log-in if you are already a client.
  • Speak to an advisor about your investment objectives and requirements
  • Choose from multiple investment vehicles that are tailored to your own specific investment objective.

We offer a full brokerage service to ensure we manage every aspect of your investment strategy including risk analysis and routine updates on your position.

Thomas Wellington
Source: » Follow
Email:***@wmhventures.com Email Verified
Industry:Technology, Investment, Business
Location:Gangnam-Gu - Seoul - Korea, South
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Page Updated Last on: Mar 08, 2023

Like PRLog?
Click to Share