Our Predictions of the top stock 5 technology stocks to buy for strong earning this week came true: Technology and Energy Sector Stocks will continue to climb in Q1 Week 3, and the consensus among analysts is a strong buy for these top 5 stocks.
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Let's talk about technology stocks to watch this week for strong earnings at the end of Q1 Week 3, 2023. The technology sector continues to show strong gains at the opening bell on Tuesday January 17th; and so far all tech stocks on my Watchlist continue to trend upwards with less than 2 hours left on the trading day. My portfolio has been on steroids since the beginning of week 2 and this is not a coincidence. I sold almost everything I owned at the beginning of week 1 and restructured my portfolio at the end of the same week, because I had been following these stocks since November 2021, and I could not ignore the huge opportunity that was available after seeing the technology sector crash slowly throughout 2022.
Fast Forward to the beginning of 2023 and tech stocks like Plug Power, Nikola Corp, Marathon Digital Holdings, Hive Blockchain Technologies and Cleanspark, among others had reached such bear market lows that there was only one place left for these stocks to go: and that was up. These aforementioned stocks make up part of 11 to 12 tech stocks driving my portfolio UP 25% since the start of Q1 week 2. Furthermore, technology stocks were hyper energized in week 2 when news broke that after one year in negotiations the U.S Congress passed the Inflation Reduction Act which includes grants for companies related to fighting rising energy production costs, innovation, creation and expansion of renewable energy sources and high paying jobs within the technology sector.
There’s still room for much growth after most Technology Companies recover from record 80% losses in 2022 and as a result a turnaround is imminent. We can predict positive earnings for most major players in the technology sector at the end of Q1 2023 . I will continue to analyze, research and report on technology sector stocks with potential for exponential growth over the next twelve months and beyond, as I strongly believe we are witnessing an opportunity to invest in the stock market that only comes once in a lifetime.
Published January 17, 2023 - 5:55 pm EST
Written by Jon Paulino for The Jonathan Henry Report RU-vid Channel.
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