fbpx
QQQ
-2.71
348.05
-0.78%
DIA
-5.86
344.51
-1.73%
SPY
-7.07
429.04
-1.68%
TLT
+ 2.69
140.35
+ 1.88%
GLD
-0.87
166.72
-0.52%

3 Stocks To Consider As Big Tech Crashes

May 14, 2021 1:05 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
3 Stocks To Consider As Big Tech Crashes

\

The technology sector has been melting down and lot of the money coming out of it is going into more conservative stocks.

Many of these stocks are in the consumer staples sector. This sector consists of companies that have products people will buy even if the economy does poorly. They include Procter & Gamble Company (NYSE:PG), Coca-Cola Company (NYSE:KO) and PepsiCo, Inc. (NASDAQ:PEP).

The stocks of these three companies have been trending upwards and now they're all testing resistance. If the resistance breaks, they could make big moves higher.

P&G is testing resistance at the $138 level.

pg_0.png
Coca-Cola is trading close to the important $54.65 level.

ko.png

Pepsi is testing the resistance at $147.

pep.png

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.


Related Articles

Is It Time To Buy Coca-Cola Stock?

If shares of Coca-Cola Company (NYSE: KO) reach $54.50, there’s a good chance they rebound. There will probably be support at this level. read more

3 Stocks That May Breakout This Week

Exxon Mobil Corporation (NYSE: XOM), Procter & Gamble Company (NYSE: PG) and Coca-Cola Company (NYSE: KO) may be about to read more

Don't Miss these 15 Dividend Kings With 50+ Years Of Dividend Growth

By Bob Ciura read more

Benzinga's Bulls And Bears Of The Week: Apple, Lemonade, Sundial, Tesla And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included electric vehicle makers and the king of e-commerce. Some so-called meme stocks highlight the bearish calls that were seen. read more