Published on 22 Sep 2024 on Insider Monkey · via Yahoo Finance
Full Truck Alliance Co. Ltd. (YMM): Is This Cheap Technology Stock a Good Buy...
We recently compiled a list of the 7 Cheap Technology Stocks To Buy Right Now. In this article, we are going to take a look at where Full Truck Alliance Co. Ltd. (NYSE:YMM) stands against the other cheap technology stocks.
Are Tech Stocks an Opportunity?
Before the Fed announced its September cut, analysts everywhere had clashing opinions with some supporting the 25 basis-point rate cut, and others supporting a massive 50. Even after the decision was announced, all of these analysts maintained their previous positions and continued supporting or opposing the 50 basis-point rate cut. A general advice to investors has been to remain calm and look for opportunities in stocks that could benefit from a lower interest rate environment.