• In our opinion, Netflix is the greatest bargain on the market today.
  • iRobot is in position to overcome recent corporate problems and surpass expectations as the consumer sector resumes normal operations
  • Skyworks is buying back many of its shares, which is typically a positive indicator.

These days, several equities are on discount sales; consequently, there are tech stocks you need to buy now. Investors are concerned about the long-term consequences of rising inflation and government anti-inflation measures. Furthermore, at the end of 2021, the market appeared to be overvalued, so this market downturn feels timely even without inflation concerns.

Due to the price drops, many top-notch equities have become much more affordable this year. So let’s take a look at three tech stocks you need to buy now.


We can’t quit touting Netflix (NASDAQ:NFLX) these days. After a strong earnings report in July, the stock staged a modest comeback, but it’s still trading at some of the lowest prices in nearly four years.

At the same time, Netflix’s business continues to grow in popularity, with only minor bumps along the road. Unfortunately, market makers tend to see such little problems as game-changing obstacles. So recently, Netflix stock has changed from a market darling to an undervalued, no-brainer buy.

Netflix has a vast potential market and is exploiting it creatively and successfully. The firm plans an ad-supported subscription plan, including mobile games as a free add-on, producing local content in many countries worldwide, and experimenting with strategies for turning password-sharing freeloaders into revenue sources.

The market isn’t taking Netflix stock seriously, which has created a fantastic buying opportunity.


Three weeks ago, iRobot (NASDAQ:IRBT) shares hit their lowest point since 2016. The stock has tumbled 35% since January and 52% in the last year. Furthermore, iRobot stock trades at a bargain-basement price of 0.8 times sales.

We’ll be the first to admit that the household robot maker is having problems. Inflationary concerns in Europe and North America have limited consumer demand for iRobot’s goods.

However, the firm is seeing significant development in Japan, and in the United States, there has been a modest recovery. Around the world, iRobot faces increasing competition, but it has an obvious lead in its sophisticated and battle-hardened robot-controlling program.

The firm is developing a solid backlog of pent-up demand amid the inflation problem in 2022 and 2021’s component shortages. But, just like the storm is followed by a rainbow, iRobot’s difficulties should give way to brighter days when individuals will be able to spend money on these beneficial cleaning robots. With near-break-even revenues and a debt-free balance sheet, iRobot is fully prepared to swim through some tough times and emerge stronger on the other side.

Skyworks Solutions

Skyworks Solutions (NYSE:SWKS) has seen its stock prices plummet by 43% over the previous year, with a 31% drop in 2022 alone. However, this wireless network chipmaker’s stock is available for 13 times trailing earnings, nine times forward earnings expectations, or 3.3 times trailing sales. That’s for a stock that has increased its revenue by 62%. Additionally, its earnings per share increased by 78% in the past two years. This sounds like a good deal to us.

Management at Skyworks concurs. Over the last four quarters, Skyworks has spent $740 million on share buybacks. In the summer of 2019, Skyworks took advantage of depressed stock prices and launched a similar buyback program. A year and a half later, when you include dividends reinvested, Skyworks’ stock price had increased by more than 150%.

We’re not suggesting that Skyworks’ stock repurchases are a good predictor of stellar future returns. Nonetheless, the buybacks are a shareholder-friendly method that also conveys long-term confidence in the company.

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