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3 Tech Stocks That Can Slay Higher Inflation

The U.S. Bureau of Labor Statistics recently updated the inflation rate for November 2021, saying that average prices rose 6.8% over the last 12 months — the highest since 1982, if you’re keeping score. Three contributors think Applied Materials (NASDAQ: AMAT), IBM (NYSE: IBM), and Micron Technology (NASDAQ: MU) can easily outpace inflation, and are worth a look right now. Nicholas Rossolillo (Applied Materials): Supply-chain issues continue to wreak havoc on certain industries. There are lots of great semiconductor stocks out there, but for investors who want broader exposure to the industry overall, I like Applied Materials.

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