Tech is getting slammed as interest rates soar and the market melts down.
For patient long-term growth investors, it’s time to start blue-chip bargain hunting.
Meta and Adobe have gotten crushed in recent weeks, falling 18% to 35%, and Meta is down 62% from its highs, the worst bear market in its history.
One of these tech titan’s growth outlook has fallen to 9% long-term, while the other is still a 15.5% hyper-growth Ultra SWAN (sleep well at night).
Both companies are over 40% undervalued though one is an anti-bubble blue-chip trading at 6.4X cash-adjusted earnings.
Both companies could more than double through 2024 and more than triple over the next five years.
But given its superior quality, management, and growth, it’s clear that while both companies can make you money, just one is likely to make you potentially rich over the long term.
The post Adobe And Meta: Both Are Screaming Buys, But Only One Can Make You Rich appeared first on Dividend Sensei.