Buy 5 Technology Services Stocks to Enhance Your Portfolio
DUOLDuolingo(DUOL) ZACKS·2024-07-29 20:51

The U.S. business services space has been benefiting from the strong fundamentals of the economy. Despite facing a record-high interest rate and extremely tight monetary control by the Fed, this sector has provided double-digit returns in the past year. Within this sector, the technology services industry is mature, with demand for services in good shape. Revenues, income and cash flows are anticipated to gradually reach the pre-pandemic levels, aiding most industry players to pay out stable dividends. Cons ...