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Top 5 Tech Stocks to Buy on July 7, 2021

Disha Sinha

The advancements in cutting-edge technologies have increased the demand for tech stocks in 2021 across the world. The technology companies are focused on updating modern machines for better customer engagement in the cut-throat competitive era. This article lists the top 5 tech stocks to buy in the current market scenario and gain higher ROI in the upcoming years.

Analytics Insight provides a list of the top 5 tech stocks, according to Yahoo Finance.

CDK Global Inc,

Current price: US$49.23

Market cap: US$5.995 billion

CDK Global Inc, is a tech company focused on catering for customers from management, marketing, sales, service to promotions, and so on in dealerships. It provides powerful business solutions to create healthier dealerships on an open platform. The tech company has over 30,000 retail client locations and work with the auto, truck, agriculture, marine as well as Powersports industries.

HP Inc,

Current price: US$30.18

Market cap: US$36.254 billion

HP Inc is popularly known for creating better and smarter technology to enhance the standard of living for everyone across the world. It is committed to innovating and reinventing digital life. HP provides multifunctional printers and personal computers that can cater to home, micro-business, small business purposes efficiently and effectively.

Arrow Electronics Inc,

Current price: US$111.99

Market cap: US$8.263 billion

Arrow Electronics Inc, acts as a guide to more than 180,000 leading technology manufacturers and service providers in developing technology solutions to enhance productivity and revenue in business as well as daily life. It is focused on helping clients create and manage forward-thinking products to reap the benefits of advanced technologies. It is the ultimate destination for electronic component products, datasheets, reference design, and many more.

Synnex Corp.

Current price: US$116.37

Market cap: US$6.042 billion

Synnex Corp is popularly known as a leading IT design-to-distribution business process services company to improve customer engagement strategies in this tech-driven world. It is focused on providing the most relevant technology solutions to the IT and consumer electronics markets. The tech company has distributed over 40,000 technology products from over 500 of the world's leading and emerging manufacturers. It caters service to more than 25,000 resellers and retail customers in Canada, Japan, and the US.

Intel Corp.

Current price: US$56.09

Market cap: US$226.491 billion

Intel Corp. is a world-known Silicon Valley technology company focused on creating world-changing technology to enable global progress at the heart of computing breakthroughs. It has successfully transformed computer machines according to the new data-centric world.  Intel provides end-to-end solutions with new technologies and products to deliver essential building blocks for a smarter and intelligent world.

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