Tech stocks have had an incredible streak while entering 2022. The technology sector is vast, comprising of gadget makers, software developers, wireless providers, streaming services, and cloud computing providers, just to name a few. Any company that sells a product or service heavily infused with technology belongs to the global tech sector. The pandemic forced several hi-tech innovations that have made the global tech sector worthy of recognition. Several companies with high-value tech stocks are coming into the market to distinguish themselves as the top tech companies in the sector. Today, Analytics Insight enlists the top tech stocks for March 24, 2022.
Price today: US$46.20
Market cap: US$5.451 billion
CDK Global provides integrated data and technology solutions to the automotive, heavy truck, recreation, and heavy equipment industries. The company helps automotive dealerships and original equipment manufacturers (OEMs) to optimize and streamline their daily operations.
Price today: US$73.77
Market cap: US$41.015 billion
Microchip Technology offers smart, connected, and secure embedded control solutions to roughly 122,000 customers across the industrial, automotive, consumer, aerospace and defense, communications, and computing markets.
Price today: US$22.29
Market cap: US$5.212 billion
Mandiant is a provider of cyber defense solutions. The company utilizes threat researchers, reverse engineers, intelligence analysts, and incident responders located in almost 26 countries.
Price today: US$54.48
Market cap: US$226.319 billion
Cisco Systems is a dominant provider of enterprise networking hardware that forms the backbone of the internet. The company is an integral part of Silicon Valley, as it has several high-technology services and products.
Price today: US$41.91
Market cap: US$4.148 billion
Avnet is a global technology distributor and solutions provider. The company operates in the IoT, components and devices, hardware and software, and integration spaces. It offers in over 250 locations in 48 countries and ships roughly 157 billion units annually.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.