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Several investors are attracted to trade tech stocks because of their invaluable ability to skyrocket in value. Big tech companies and millionaires have been heavily investing in tech stocks over the past decades. As technology continues to evolve and innovate new products and solutions, the value of the tech stocks is also gradually rising. But while these stocks yield profitable results most of the time, sometimes even the popular top tech stocks tumble overdue to market fluctuations, or for other social or economic factors. So, investors have to be careful while planning out their investment strategies. In this article, Analytics Insight enlists the top tech stocks for February 2, 2022, that investors should buy for maximum profits this month.
Price today: US$923.32
Market cap: US$927.253 billion
Tesla is known to be the king of the electric vehicle domain. It is one of the best performing tech stocks in the market that creates a sophisticated range of electric cars on a global basis. The company has a global goal to accelerate the world's transition to utilizing sustainable energy and integrating it into automobiles.
Price today: US$275.72
Market cap: US$84.453 billion
Snowflake is a cloud-based data solutions platform that provides analytics, SaaS, and software services. It is also one of the top tech stocks to watch in 2022 since the use of data, this year, will rise to new highs.
Price today: US$320.91
Market cap: US$81.347 billion
Atlassian is a software company that focuses on helping business teams around globally to collaborate efficiently. The company has high expectations to grow its annual revenue and income in this financial year of 2022-23. The business is well-positioned in the software, IT, and consultancy areas.
Price today: US$243.19
Market cap: US$606.029 billion
NVIDIA is a multinational corporation that designs graphics processing units (GPUs) for the gaming and professional markets, as well as a system of chip units (SoCs) for the mobile computing and automotive markets. The company has expanded its presence in the gaming industry and works in other domains like architecture, engineering, construction, and others.
Price today: US$513.54
Market cap: US$242.237 billion
Adobe is a popular software company that develops multimedia and creativity software products, including Photoshop and Adobe Creative Cloud. It is one of the world's most diversified and largest software companies.
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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.
