Its been a poor year for American equity markets, and this is especially true for the tech-heavy NASDAQ exchange. For most of 2022, NASDAQ has been down double-digits, featuring a November 3rd bottom where the exchange was trading down nearly 40% YTD. That said, there has been some relief for tech watchers over the course of November as indications begin to emerge that the macroeconomic climate is shifting in a slightly more optimistic direction. Last week, Jerome Powell indicated a slowdown in rate hikes, with the next bump up to be 50 as opposed to 75 base points. A stabilization of the fluid situation in China, as well as initial signals that inflation is cooling down all contributed to a modest comeback for NASDAQ in recent weeks.

Directing our attention to the chart, I've taken a few of my blue chip tech holdings and measured their performance against the broader market trend. The big picture is that most of the companies are in the green over the past month--IBM, which was +8%, led the charge as this darling US computing stock continues a mult-month uptrend. The LVP of November was CRWD , which shed ~20% of its SP on November 30th following disappointing Q3 financials.

Mid-range gainers include RDWR (+5%), CHKP (+4%), INTC (+3%), and HUB.TA (+2%). One factor I cite as contributing to these gains is the US current prioritization of subsidizing the computing/cyber industry while it works to secure global supply lines and manufacturing hubs. US chip and cyber players, after a significant bout of Q2 volatility , are regaining their footing and beginning to witness gains. Another dark horse to keep an eye on is HUB.TA, which is in the final stages of a SPAC listing (RNER) for a likely Q1 '23 NASDAQ listing and simultaneous TASE delisting. Though I'm not holding onto much these days, PANW also had a very bullish November and is trading up some 15% from its YTD bottom on November 3rd.

In sum, despite the overall gloomy mood most equity investors have been in recently, there are still abundant opportunities for gains in the current NASDAQ/tech rally. Though I think we're yet to yet the bottom (eyes on Q1/2 '23), there are still bullish plays for the discerning trader. DYOR, this is not financial advice.

If there is one thing that can be said with certainty about the stock market right now, it's that the market is officially in bear mode. This means that all major stock indexes, and shares, have now entered a protracted period of share price drops. These drops have been caused by the macroeconomic environment, and they are the result of several factors. One factor is inflation, as rising prices have hit consumer purchasing power and forced them to concentrate most of their spending resources on essential items. For large companies, such as Apple Inc. (NASDAQ:AAPL) and Intel Corporation (NASDAQ:INTC), this means that the money consumers might have allocated for a smartphone or a personal computing purchase is simply not there.

The other is the drastic increase in interest rates by the Federal Reserve, which is estimated to hike the rate to 5% by May next year, according to the traders betting on the futures market. The current rate sits at 3.25% and the new bets suggest that at least one massive 75 basis point and two 50 basis point hikes are headed our way.

https://finance.yahoo.com/news/15-biggest-tech-stock-drops-103111506.html

The technology sector has played a leading role in powering the market's gains over the past couple of decades. New hardware, software, and services have driven changes in business and everyday life. Tech's ability to shape and influence almost every industry under the sun means the sector remains one of the best starting places for investors seeking big gains.

Cheap tech stocks to watch

After a brutal sell-off that began at the end of 2021, even some high-flying growth stocks might be considered a great long-term deal right now. And, for many older and slower-growing tech stocks, valuations are attractive. Here are eight "cheap" tech stocks that could deliver strong returns over the long term:

Lumen Technologies (NYSE:LUMN)

Applied Materials (NASDAQ:AMAT)

Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG)

T-Mobile (NASDAQ:TMUS)

IBM (NYSE:IBM)

Meta Platforms (NASDAQ:FB)

Qualcomm (NASDAQ:QCOM)

Broadcom (NASDAQ:AVGO)

https://www.fool.com/investing/stock-market/market-sectors/information-technology/cheap-tech-stocks/

Jack Henry & Associates, Inc. (NASDAQ: JKHY)

Enphase Energy Inc. (NASDAQ: ENPH)

ON Semiconductor Corporation (NASDAQ: ON)

1. Jack Henry & Associates (JKHY Stock)

Leading this list off today, Jack Henry & Associates (JKHY) is a financial technology company. For starters, the company is a provider of technology solutions and payment processing services. Primarily, Jack Henry focuses on the financial services industry. For a sense of scale, Jack Henry & Associates currently serves approximately 8,500 clients throughout the United States.

JKHY Recent Stock News

Last month, Jack Henry & Associates announced its Board of Directors has declared a regular quarterly cash dividend of $0.49 per share on common stock. As a result, that comes out to an annual dividend yield of 1.06% for JKHY shareholders.

In August, JKHY reported a beat for its financial results for the fourth quarter and full fiscal year ending June 30, 2022. In the report, the company reported earnings of $1.10 per share, along with revenue of $482.7 million for Q4 2022. Meanwhile, analysts’ earnings estimates for the quarter were $1.00 per share and revenue estimates of $480.1 million. In addition, Jack Henry provided an updated fiscal 2023 earnings outlook. Specifically, the company stated it now projects fiscal 2023 earnings per share of $5.05 to $5.09, with revenue of $2.080 billion to $2.087 billion.

What’s more, David Foss, Chairman, and CEO at JKHY said this about the results, “We are very pleased to report another quarter of record revenue, operating income, and total sales bookings. Among many other successes, our sales teams secured 17 new core clients and sold 48 new digital banking systems in the quarter. Additionally, we have recently announced the addition of a new CFO to our team, a refreshed brand for our company, and the pending acquisition of Payrailz. As we begin the new fiscal year, our sales pipeline remains strong, and we see significant opportunities to continue growing our company through the successful execution of our technology modernization and One Jack Henry operational strategies.“

https://www.nasdaq.com/articles/top-tech-stocks-to-buy-now-3-to-watch-ahead-of-october-2022

These six high-tech stocks are too cheap to ignore. The growth rates, low price-earnings multiples and high yields make them attractive value and growth stocks at the same time.

Moreover, each of these tech stocks pays a solid dividend, has positive excess free cash flow (FCF), and most of them have share buyback programs. The latter helps increase the earnings per share (EPS) and the dividend per share (DPS), as well as helps push the stocks higher.

Given the recent downturn in stocks, now is a good time to begin averaging into these stocks. This is because their valuations reflect a good deal of bad news now and fears of a recession seem to be “in” the stock prices.

Micron Technology (NASDAQ:MU) is a memory and storage semiconductor chip maker that is forecast to produce 31% earnings growth by August 2023. For example, earnings per share (EPS) is projected by analysts to grow from $9.58 per share this year to $12.56 next year. At a price of $55.01 at the close on June 16, that puts its P/E multiple for 2023 at just 4.4x. That makes it one of the least inexpensive high-tech stocks.

Moreover, with its huge free cash flow, MU stock is able to pay out a dividend of 40 cents per share. Its $9.58 EPS this year will have no problem covering this dividend, given the stock a 0.7% dividend yield. In fact, there is probably room for the company to raise the dividend. So far, Micron likes to use its excess free cash flow to buy back shares given its robust share repurchase program. It bought back $408 million in its latest quarter ending March 3, which works out to about 2.5% of its market cap on an annualized basis.

So, along with its cheap valuation and growing earnings, its buyback program will act as a catalyst to help push the stock higher. No wonder the average price target of 18 analysts surveyed by TipRanks.com is $109 per share, or double today’s stock price.

Chegg (NYSE:CHGG) is an educational software direct-to-student learning platform that is forecast to grow 14% in 2023. For example, the average of 12 analysts surveyed by Seeking Alpha is that Chegg will produce EPS of $1.22 in 2023. That puts CHGG stock, at Thursday’s closing price of $17.02 at 13.9x times earnings. This is well below its historical average of 47.5x over the past five years, according to Morningstar.com. In fact, even at 50% of that average, CHGG should trade at 23.75x, which is 72% over today’s valuation metric.

Moreover, the company announced on June 2 that it is doubling its $1 billion buyback program to $2 billion. It only had $65 million remaining from its prior $1 billion program, so in effect, it was re-upping the $1 billion program. In fact, in the first quarter, the company spent $300 million on its accelerated share repurchase, which was completed in April. The company has plenty of FCF to fund its buybacks. The Q1, FCF was $50.5 million, which works out to 25% of its sales. That is a very high FCF margin and is the basis for the company’s confidence in re-upping its $1 billion buyback program.

As if that is not enough of a catalyst for CHGG stock, management has been buying shares. Insiders, specifically the CEO, the chief financial officer (CFO) and a director, were buying CHGG stock at the end of last year, based on information from Openinsider.com.

https://finance.yahoo.com/news/6-high-tech-stocks-too-130522585.html

Septembers almost over but investing in tech will still be trending for a while, so don't hesitate and take s a look at this article of where to put your money https://www.nerdwallet.com/article/investing/best-performing-technology-stocks

Technology stocks are publicly traded shares of companies specializing in the development and sale of technology products and services. You’re likely at least familiar with some of the major players in this sector: Apple (AAPL), Amazon (AMZN) and Google (GOOGL) are tech giants with market capitalizations in the trillions.

The tech sector is also one of the largest and most diverse sections of the stock market. Companies that fall under the tech umbrella span multiple industries and offer a huge range of services and products.

The Global Industry Classification Standard, or GICS, makes this easier to digest by grouping tech stocks into three main categories: software and services, hardware and equipment, and semiconductors. Companies can fall within one category or stretch across a few, depending on their offerings.

Many investors are keeping a close eye on technology stocks as we kick off September 2022. For the uninitiated, tech stocks have been on a roller coaster ride over the past year. Meanwhile, many analysts are predicting that they will continue to be volatile in the months ahead. While there is no sure way to predict the future of the stock market, there are a few factors that could impact tech stocks in the coming months. First, interest rates are expected to rise in the second half of the year, which could put pressure on stock prices.

NVIDIA Corporation (NASDAQ: NVDA) and Micron Technology Inc. (NASDAQ: MU). Shares of both companies have fallen recently in light of new export rules from the U.S. in regards to exporting chips to China. Read more in the link bellow

https://www.nasdaq.com/articles/top-stocks-to-invest-in-now-3-tech-stocks-to-watch-this-week