3 Top-Ranked Tech Stocks To Buy Now Despite Volatility

Amkor lands “A” grades for Value and Momentum in our Style Scores system and the Electronics–Semiconductors is in the top 30% of our over 250 Zacks industries. The company has also destroyed our bottom-line estimates in the trailing four quarters and it stands to grow for years to come as it remains an integral cog within the chip space that is the backbone of our digital world.

AMKR shares soared 250% in the past 12 months to more than double its industry. The stock has also outpaced the Semiconductor market over the last five years. And it has been on a wild run higher since its last report, with its shares now up 25% since its Feb. 8 and 60% in the past three months. And at roughly $24 per share, the stock sits about 9% off its mid-February highs.

Luckily, the stock has started to bounce back, up 15% since March 8. Amkor hovers below 60 on the relative strength index, which means it has more room to go before it would be considered overbought.

On top of its under $25 a share price tag, it trades at a substantial discount to its highly-ranked industry at 0.99X forward sales vs. 7.9X. And Amkor pays a dividend that’s yielding 0.70% at the moment.

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