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Top 5 Tech Stocks for Investors to Buy on July 16, 2021

Sayantani Sanyal

Tech companies have seen impressive growth over the past few years. The rising growth of tech stocks in the global stock market is caught the attraction of several new investors and critics. With the growing development of technology and the internet, investors get easy access to the recent developments in stocks, their prices, emerging stocks, and much more. The pandemic could stop the growth of technology and the evolving needs of the investors for virtual communication and information has led tech stocks to grow.

Analytics Insight presents the top 5 tech stocks with growing market capitalization, according to MarketWatch, for investors to buy today.

Adobe:

Price Today: US$606.17

Market Capitalization: US$290.05B

Adobe is well-known for its software, digital products, and services, for creative artists, students, and businesses. Its tools and services allow its users to create groundbreaking digital content, deploy it across media and devices, optimize it over time and achieve greater business success.

Cognyte Software:

Price Today: US$24.56

Market Capitalization: US$1.58B

It is an Israel-based company that offers security and analytics services to its clients. Its cyber intelligence platform helps stop cyberattacks and security threats. Several governments and business organizations are using the company's technology to ensure maximum safety.

ARK Autonomous Technology and Robotics ETF:

Price Today: US$80.20

Market Capitalization: US$3.099B

It is an exchange-traded fund platform. The company invests in firms that develop and manufacture autonomous devices, applications, transportation, 3D printing, energy storage, and space exploration.

FactSet Research Systems:

Price Today: US$338.84

Market Capitalization: US$12.57B

FactSet creates flexible, open data and software solutions for thousands of investment professionals across the world, providing instant access to financial data and analytics that investors use to make crucial decisions.

Tesla:

Price Today: US$650.60

Market Capitalization: US$629.42B

Tesla specializes in developing a full range of electric vehicles and strives to create a revolution and accelerate the world's transformation to electric mobility with a range of affordable electric cars.

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