2022 was a tough year for stock investors, especially technology stocks. Share prices of Major US tech companies such as Apple, Microsoft and Google have fallen around 30% to 40%. Tesla, once a darling for get-rich-quick investors, fell 70%. Not to mention a few high-profile collapses of crypto-related companies such as FTX. Why did technology stocks fall more than other sectors in 2022? Will Technology stocks outperform this year? Which areas of technology stocks present potential opportunities? We will discuss these in this article.

Most retail investors are out of the market now

Through my work as an investment adviser, I have talked to a lot of investors. I cannot help to notice that many retail investors are giving up investing after the rough year of 2022. They are still trapped in the newspaper’s headline narratives of recession, inflation, and rising interest rates, and seeing no light...