The current extreme selling in the technology and growth segments of the stock market has presented aggressive contrarian opportunities to traders who are willing to deal with volatility. On the Nasdaq, 70% of the stocks are below their 50-day moving averages and 72% are below their 200-day moving averages.
While the sentiment toward technology stocks is bearish, I feel that there are several aggressive contrarian opportunities. What investors need is patience and the stomach to ride out the volatility.
One contrarian opportunity is Stem Inc (NYSE:STEM)…
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