The technology sector remains an attractive investment avenue for investors around the globe. The COVID-19 pandemic 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 October 29th, 2021.
Analytics Insight provides a list of the top 5 tech stocks, according to Yahoo Finance.
Current Price: US$236.83
Market Cap: US$278.282 billion
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, and iZettle products. The company's payments platform allows consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.
Current price: US$122.93
Market cap: US$149.11 billion
There are two segments of this tech company— computing and graphics as well as enterprise, embedded, and semi-custom. There is a long list of products and services for companies and clients such as discrete and integrated GPUs, server and embedded processors, semi-custom System-on-Chip (SoC) products, and many more. There are products known as AMD Ryzen, AMD Ryzen PRO, AMD Athlon, AMD Radeon, and many more.
Current price: US$10.20
Market cap: US$4.16 billion
Qurate Retail, Inc. is highly popular in the video and online commerce industries across the world for its multiple consumer products being promoted in live televised shopping programs, Internet, mobile applications, and so on. It also offers products like accessories and beauty products through desktop applications.
Current Price: US$52.02
Market Cap: US$83.74 billion
Snapchat is an American-based multimedia instant messaging app that is developed by Snap. Inc, which was originally Snapchat Inc. The most interesting feature of the app is that pictures and messages are just available only for a shorter period and become inaccessible after that. Due to this feature, the app has gained wide popularity.
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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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.