A few years back, long-term investors often shied away and dismissed the opportunities to buy tech stocks. They saw tech companies and their shares as the most volatile and substantial source of investment. But things evolved drastically. The recent trend in tech companies has earned investors' trust. The tech stocks have grown from being the start-up's only roots to now include many big tech companies with a long history of solid earnings and dividends. But finding the perfect tech stocks to buy is not an easy task. It involves research and constantly keeping a tab of the market changes. Well-versed investors prefer to buy tech stocks from companies that serve across many domains. For example, the best tech stocks are mostly from organizations that cover various verticals such as banking and finance, insurance, pharma, communication, media & technology, energy & utility manufacturing, etc. The key to finding the profitable tech stocks to invest in lies in picking up companies that are diversified across many verticals and spread across several countries. To help you make a healthy investment this weekend, Analytics Insight has listed top tech stocks to buy without any delay.
CrowdStrike Holdings is a cybersecurity firm pioneering cloud-delivered next-generation endpoint protection and services. CrowdStrike's signature platform, Falcon, stop breaches by detecting all attack types, even malware-free intrusions, providing five-second visibility across all currency and past end-point activity while reducing cost and complexity for customers. Owing to the increasing usage of technology and spiking demand for cybersecurity solutions, CrowdStrike stocks are drastically seeing a big surge. This week, the company's stock was traded at a higher price after Stifel analyst Brad Reback lifted his rating on the cloud-based security software company to buy from hold.
IBM (International Business Machines), is one of the world's largest information technology companies, providing a wide spectrum of hardware, software, and service offerings. Initially started as a merger of four companies, IBM serves most of the people and their needs across the globe. Because of its increasing initiatives in technology and enhancing the product range, the company's stock prices are constantly seeing a good increase. IBM stocks have recently set a 52-week high record, breaching the US$150 per share level for the first time in more than a year.
Hewlett Packard, also known as HP, is one of the leading computer and printer manufacturers in the market today. The company's innovative developments and cutting-edge designs go hand-in-hand with their super-efficient hardware. Founded in 1939 by Bill Hewlett and Dave Packard, HP has evolved along with all the technological developments that took place over the century. The company also consistently rises above its competitors, making its stocks trade for a higher price. HP always seems to come out on top for both quality of build and aesthetic design. Therefore, HP tech stocks remain an intriguing choice for many investors.
Arrow Electronics, is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company orchestrates solutions that simplify customers' technology lifecycle experience, enabling them to bring products to market faster and enhance their business. With 349 offices in 349 locations across over 80 countries and more than 200 supplier and alliance partners worldwide, Arrow Electronics brings the expertise of over 3,000 engineers, including solution architects, application developers, and software developers, to address their consumer's unique business challenges. Arrow Electronics is recently catching the eyes of investors. Value investors see the company's stock as a major accelerator in the company's founding.
Guidewire Software provides technology solutions to the property, casualty, and workers compensation insurance industry. The company offers ClaimCenter, a web-based claims system that supports various lines of personal, commercial, and workers' compensation insurance. Guidewire software combines digital, core, analytics, and AI to deliver its platform as a cloud service. With the largest Research & Development team, service team, and partner ecosystem in the industry, the company continually evolves and innovates to meet customers' needs. However, despite its increasing services, Guidewire saw a high decline in revenue in the last quarter. But that doesn't limb the company's stock price. So far, Guidewire's tech stock price is maintaining a moderate increase.
Tyler Technologies provides integrated and management services for the public sector with a focus on local governments. The company offers financial management solutions, including modular fund accounting systems for government agencies and not-for-profit entities. Tyler Technologies leverages services like software and hardware installation, data conversion, training, and product modifications. Tech investors who want to make wise investment plans always keep Tyler Technologies as their best choice.
Uber Technologies, operates as a technology platform for people and things mobility. The company offers multi-model people's transportation, restaurant food delivery, and connecting freight carriers and shippers. The ride segment refers to products that connect consumers with rides drivers who provide rides in a variety of vehicles. Uber generates most of its revenues through its ride-sharing business. Stock investors of Uber will be hoping for strength from the company as it approaches its next earnings release.
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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.