Tech investors should focus on these stocks next [CNNMoney.com]
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Source: CNNMoney.com
Over FAANG? Tech investors should focus on these stocks nextIt might be time for savvy tech investors to start thinking outside the FAANG box.Crypto is the futureBetting on TeslaMatt McCall, founder and president of Penn Financial Group, says Facebook (FB),Amazon (AMZN),Apple (AAPL),Netflix (NFLX)and Google (GOOG)are all good bets for the long-term.But recently, the celebrated stocks have gotten hammered. McCall thinks investors may have a good opportunity to buy up some shares if the pull back in the next week or two."I prefer some of the small-, mid-cap companies in some of the niche areas such as AI or self-driving cars," he told CNN's Alison Kosik on "Markets Now" on Wednesday. "I think that's the future of technology."McCall also pointed to three stocks he's favoring in particular:Teladoc (TDOC), which lets patients video-chat with doctors, Intellia Therapeutics (NTLA), a gene-editing company, and Sensata Technologies(ST), which make sensors used in smart devices.And McCal
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