The technology sector is composed of businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other industries related to information technology (IT). Technology stocks are ruling the stock market over the past decade. Tech investors have plenty to ponder as they head into 2022. Technology stocks are often a leading indicator for the economy and the stock market. Here are the five best technology stocks to buy on January 17, 2022.
Analytics Insight provides a list of the 5 best technology stocks, according to Yahoo Finance.
Current Price: US$136.88
Market Capital: US$165.298 billion
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded, and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services.
Current Price: US$269.42
Market Capital: US$671.395 billion
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, Graphics and Compute & Networking. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game-streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise design; GRID software for cloud-based visual and virtual computing; and automotive platforms for infotainment systems.
Current Price: US$167.00
Market Capital: US$148.382 billion
Applied Materials is a leader in materials engineering solutions that are used to produce chips and advanced displays virtually around the globe. The company's expertise lies in modifying the atomic levels and providing the best services on an industrial scale.
Current Price: US$254.74
Market Capital: US$35.684 billion
Zscaler is an American cloud-based information security company headquartered in San Jose, California. Two of the products produced by the company are Zscaler Private Access which provides secure access to locally hosted applications, and Zscaler Internet Access which provides secure access to external applications.
Current Price: US$138.28
Market Capital: US$43.146 billion
In North America and abroad, Datadog, Inc. delivers cloud-based monitoring and analytics platform for programmers, IT operational processes, and business users. To enable real-time observability of customers' technological stacks, the company's SaaS platform unifies and automates network monitoring, application performance analysis, log management, and security management.
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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.