7 Tech Stocks to Buy at a Multi-Year Discount

Adobe (ADBE)

Adobe (NASDAQ:ADBE) peaked at $699.54 per share last year and is now trading for less than half that amount. The firm intends to expand its selection of collaborative online apps.

Datadog (DDOG)

Datadog (NASDAQ:DDOG) is a supplier of cloud-scale solutions. Its revenue for the third quarter increased by 61% year-over-year to $437 million.

Cloudflare (NET)

Cloudflare (NYSE:NET) shares lost over one-fifth of its value on November 4, following the release of earnings. Revenue climbed 47.3% year-over-year to $253.86M

ServiceNow (NOW)

ServiceNow (NYSE:NOW) is available for purchase after reporting mixed results. The revenue increased by 21.2% year-over-year to $1.83 billion. 

Okta (OKTA)

Okta (NASDAQ:OKTA) controls and protects client application user authentication. Customers continue to move away from the Windows Systems access management industry.

Qualcomm (QCOM)

Qualcomm (NASDAQ:QCOM) slumped despite reporting strong quarterly sales growth. Investors are concerned about the company's dramatic decline in demand.

Twilio (TWLO)

Twilio (NYSE:TWLO) fell 35% on November 4 after reporting Q3 earnings the day before. Despite a 32.8% increase in revenue year-over-year, it lost $457 million according to GAAP.

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