As a new calendar year starts, traders really should evaluation their portfolios and see if they are effectively-insulated from mounting inflation, larger interest charges, and other macroeconomic headwinds. People troubles can crush substantial-expansion tech businesses that usually are not successful and trade at frothy valuations.

Nonetheless, blue-chip tech stocks that have wide moats, fork out superior dividends, and trade at low valuations will stay a lot more resilient through a market place downturn. Right here are 3 stocks that in good shape that description: HP (NYSE:HPQ), Juniper Networks (NYSE:JNPR), and Broadcom (NASDAQ:AVGO). Let’s discover out a little bit much more about these three superior-generate tech stocks.

Picture source: Getty Photos.

1. HP

HP is just one of the world’s most significant producers of PCs and printers. Both companies grew through the pandemic as operate-from-residence traits and Diy jobs sparked fresh demand from customers for new PCs and printers, respectively.

HP’s customer-dealing with company faced difficult publish-lockdown comparisons all over 2021, but the advancement of its commercial organization offset that slowdown as much more companies reopened and upgraded their getting older programs.

HP’s revenue and modified earnings rose 12% and 66%, respectively, in 2021. Analysts anticipate its revenue and altered earnings to mature another 3% and 10%, respectively, in 2022, as its yr-more than-12 months comparisons stabilize.

HP also returned far more than 100% of its free cash flow (FCF) to its investors by using buybacks and dividends in 2021. It is really lowered its share rely by 36% around the previous 5 many years, and it really is boosted its dividend every single yr considering that it spun off Hewlett-Packard Business in late 2015.

HP at the moment pays a forward dividend produce of 2.7% and its stock continue to appears to be like cheap at fewer than nine moments ahead earnings. Its large yield, lower valuation, and secure development charges make it a sound stock to individual in a wobbly market.

2. Juniper Networks

Juniper sells networking switches, routers, and protection program. It is a large amount smaller sized than market place chief Cisco, but it proceeds to mature at a regular charge as it sells a lot more cloud-all set hardware and companies to offset the slower expansion of its legacy company company solutions.

Juniper struggled in 2020…