Fears of a recession and other macro headwinds often drive investors to dump their tech stocks and invest in more defensive sectors. Today I'll take a closer look at three tech companies that should remain promising investments during a recession: the cloud-based services provider ServiceNow (NYSE: NOW), the diversified chipmaker Broadcom (NASDAQ: AVGO), and the Dutch semiconductor equipment maker ASML (NASDAQ: ASML).
ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program. DateTotal repurchased sharesWeighted average priceTotal repurchased value30-Jan-23 14,617 €600.16 €8,772,551.88 31-Jan-23 14,550 €600.03€8,730,462.69 01-Feb-23 14,540 €606.71€8,821,564.85 02-Feb-23 13,758 €629.92€8,666,458.62 03-Feb-23 13,785 €631.74€8,708,592.42 ASML’s current share buyba
After a tough few quarters, investor sentiment regarding the global economy -- and the chipmakers ASML relies on -- is improving.