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The stock market has been a bit disconnected from the U.S. economy as of late. The economy is still reeling from the effects of the coronavirus, resulting in an unemployment rate of 8.4%. And yet, the S&P 500 has gained more than 12.5% over the past 12 months, driven mostly by tech stock gains.
But with the economy and the stock market out of sync, some investors wonder if another significant market correction — like the one we saw back in March — is around the corner. If, and when, that happens, a few Motley Fool contributors have put together a list of a few companies you may want to buy. Here’s why Roku (NASDAQ:ROKU), Slack Technologies (NYSE:WORK), and Fastly (NYSE:FSLY) make the cut.
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A streaming leader on a different path
Danny Vena (Roku): Streaming services are everywhere these days, and it seems as though new ones are popping up every month. Not only that, but existing services are expanding their offerings to bolster their chances of standing out in the crowd. The battle for eyeballs is relentless and content takes center stage, with spending skyrocketing to feed consumers’ insatiable appetite for programming.
Roku has …
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