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Investing in tech stocks is a risky proposition. While tech companies are currently dominating the stock market, the disruptive nature associated with this sector makes investing in tech stocks a high-risk strategy. Investors should evaluate the fundamentals closely to gauge whether the company enjoys a significant competitive moat that may help it thrive across market cycles.
One beaten-down tech stock that's part of a disruptive market segment is IonQ (IONQ). Valued at $1.78 billion by market cap, IonQ trades 76% below its all-time highs.