The technology sector is making headlines as it remains an attractive investment avenue for investors around the globe. It is undeniable that the pandemic has affected industries and markets worldwide, however, if a sector thrived during the global health crisis, it had to be the technology sector. Investors are highly instigated to start investing in tech stocks to gain stability in the nearby future. Here are the top 5 tech stocks to buy on November 03, 2021.
Analytics Insight provides a list of the top 5 tech stocks, according to Yahoo Finance.
Current Price: US$19.26
Market Cap: US$935.3billion
ADTRAN, Inc. provides networking and communications platforms and services for service providers, cable/multiple system operators, small- to medium-sized businesses, and distributed enterprises in the United States, Germany, Mexico, and internationally. The company operates through two segments, Network Solutions, and Services & Support. The company also provides broadband customer premise solutions and point-to-point Ethernet optical network terminals; radio frequency over glass micro nodes; ethernet switches for multi-gigabit local area networking; SmartOS software licensing for residential gateway and Wi-Fi devices, cloud-based SaaS management platforms, and more.
Current price: US$36.96
Market cap: US$31.542 billion
Corning Incorporated, an American multinational telecommunications company, and its importance in the growing tech market. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. It's Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for various carrier network applications.
Current price: US$361.50
Market cap: US$228.338 billion
Accenture plc, a professional services company, provides strategy and consulting, interactive, and technology and operations services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software, and quality engineering, data management, intelligent automation comprises robotic process automation, natural language processing, and virtual agents, and liquid application management services, as well as program, project, and service management services; strategy consulting services; critical data elements, data management and governance, data platform and architecture, product-based organization and skills, business adoption, and value realization services.
Current Price: US$135.23
Market Cap: US$152.539 billion
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).
Current Price: US$272.81
Market Cap: US$81.05 billion
Zoom is a software program that is used for teleconferencing developed by Zoom Video Communications. The free plan of the company allows up to 100 concurrent participants, with a 40-minute time due to restriction. To have more hours of conferencing, users are provided an option to upgrade and subscribe to the paid plan.
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