We need to take a look at and understand what is happening to the high growth tech stocks
It was another rough day on Wall Street with markets tanking across the board, and the Nasdaq down over 2%. We need to take a look at and understand what is happening to the high growth tech stocks, especially the large caps. Inflation fears have been taking a toll on all of the high growth stocks for some time, and now the large caps like Apple, Nvidia and Netflix are getting hit hard. It is important to note that the long term thesis of these companies is still very much intact. If you have had these in your portfolio for a while, it is perfectly fine to let them ride if you don't want to take the tax hit this year. They are likely to go lower, however. But in the long term, they will be just fine. For current opportunities, Healthcare, Oil and Financials are all great buys at these levels. UnitedHealth Group ($UNH) typically beats earnings and reports later this week. Chevron ($CVX) looks good here, and does oilfield servicer Halliburton ($HAL) and oil exploration company Dev