The NASDAQ is getting crushed today in what is being described as profit event after what was a possibly an over bought market near the end of 2016. Now is a good time to keep an eye on the tech stocks that are looking most attractive to your investment portfolio and add them.
Leading the way down was AMD which lost 7%, dropping from $10.58 down to $9.82 and continues to trade down in after hours trading. AMD is due to release its financials later this month and the anticipation on the street is that it will post a loss for the quarter. AMD looks to have a bright future with new technologies expected to be released in the first quarter and later on in the second quarter, unveiling a new processor and GPU line.