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Business

Rashmi Kumari

UNCOVERED: 2 tech stocks to buy this week 2 to sell - Caught on Camera

NOK HPE AKTS ONDS United States Hewlett Packard Enterprise Company Nokia Oyj Gartner

The technology industry is facing high demand due to increased IT spending and digital transformation. However, the Fed’s rate hikes to combat inflation is keeping the industry under pressure.

While quality tech stocks, Nokia Oyj (NOK) and Hewlett Packard Enterprise Company (HPE), could be worth buying, I think it could be wise to avoid Akoustis Technologies, Inc. (AKTS) and Ondas Holdings Inc. (ONDS), considering their weak fundamentals.

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