When the topic of tech stocks comes up, chances are, you’re not really thinking about any underlying dividends. Instead, the top innovators generally tend to be capital-gains-oriented investments.
Still, not all tech stocks abide by the principle of growth at all costs. Many choose to reward their shareholders with passive income. Both sides have their pros and cons. That said, during a time when innovators already enjoyed explosive growth in the prior year, it may be better to focus on consistently profitable entities that provide dividends.
In other words, it could make sense to rotate into risk-mitigated investments while still being exposed to top-tier technical advancements. On that note, here are tech stocks to buy for passive income.
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