Author: Ethan Feller, Zacks

With the market pulling back, investors have an opportunity to buy three of the highest-quality tech stocks at rare discounts. These companies continue to dominate their respective industries, and each is well-positioned for long-term growth thanks to powerful secular trends in AI, cloud computing and digital advertising.

AI will eventually transform all industries, but there are three sectors at the forefront of this fundamental reshaping of the economy. Today we’ll highlight the bellwethers, and offer several approaches to capturing this groundbreaking trend right now.

From the rapid expansion of AI to the evolution of digital currencies and the infrastructure powering these industries, there is no shortage of exciting opportunities to capitalize on these transformative trends.

It’s a momentum stock with both solid fundamentals and technicals.

These stocks hit all the important factors I’m looking for: breakout momentum, discount valuations, impressive earnings and top Zacks Ranks.