25 Tech Stocks to Sell Before They Die

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The tech market saw a poor 2022. While it continues to represent probably the most popular investment sectors available on the market, the industry shaved $4.6 trillion in market capitalization all year long. There have been hundreds of tech employees who suffered from the rampant layoffs all year long. And it seems this rout is just getting began.

As essentially the most volatile of the most important investment sectors, tech experienced essentially the most amplified effect of the macroeconomic fears plaguing the worldwide economy. War, rising rates of interest, wage stagnation, quantitative tightening and other Federal Reserve policies have had a very bearish effect on the tech market. This 12 months, these effects are continuing to permeate big tech; a recent round of layoffs saw tens of hundreds of employees booted from even the biggest tech giants — Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT) and onward.

While the tech market cannibalizes itself in an effort to weather a storm of indeterminate length, there’s logic in looking into paring down one’s portfolio. Analysts aren’t high on the outlook for these stocks in the subsequent 12 months, either, with sales stagnation prone to remain for the foreseeable future. With this in mind, listed here are among the tech stocks to sell from one’s portfolio:

  • Meta Platforms (NASDAQ:META)
  • Coinbase (NASDAQ:COIN)
  • Zoom Video Communications (NASDAQ:ZM)
  • DocuSign (NASDAQ:DOCU)
  • Snap (NYSE:SNAP)
  • Robinhood (NASDAQ:HOOD)
  • Nvidia (NASDAQ:NVDA)
  • Advanced Micro Devices (NASDAQ:AMD)
  • Intel (NASDAQ:INTC)
  • Alibaba (NYSE:BABA)
  • JD.com (NASDAQ:JD)
  • Baidu (NASDAQ:BIDU)
  • QuantumScape (NYSE:QS)
  • Peloton (NASDAQ:PTON)
  • Mullen Automotive (NASDAQ:MULN)
  • Stronghold Digital (NASDAQ:SDIG)
  • Greenidge Generation (NASDAQ:GREE)
  • Riot Platforms (NASDAQ:RIOT)
  • ContextLogic (NASDAQ:WISH)
  • Stitch Fix (NASDAQ:SFIX)
  • PayPal (NASDAQ:PYPL)
  • Paysafe (NYSE:PSFE)
  • Shopify (NYSE:SHOP)
  • Affirm (NASDAQ:AFRM)
  • Block (NYSE:SQ)

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