2021 is about to end, and there is no better time to invest in tech stocks than this holiday season. Any company that sells a product or service heavily infused with technology likely belongs to the tech sector. Technology stocks are often a leading indicator for the economy and the stock market. Here are the five best tech stocks to buy on December 28, 2021.
Analytics Insight provides a list of the 5 best technology stocks, according to Yahoo Finance.
Current Price: US$94.43
Market Capital: US$105.778 billion
Micron Technology, Inc. designs, manufactures and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprised DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval.
Current Price: US$69.78
Market Capital: US$30.064 billion
ON Semiconductor Corporation, together with its subsidiaries, manufactures and sells semiconductor components for various electronic devices worldwide. The company operates in three segments: Power Solutions Group (PSG), Advanced Solutions Group (ASG), and Intelligent Sensing Group (ISG). The PSG segment offers analog, discrete, module, and integrated semiconductor products for various applications, such as power switching, power conversion, and more.
Current Price: US$162.72
Market Capital: US$144.579 billion
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.
Current Price: US$168.48
Market Capital: US$77.716 billion
Block, Inc., together with its subsidiaries, creates tools that enable sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution.
Current Price: US$183.47
Market Capital: US$57.246 billion
Datadog, Inc. provides a monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. The company's SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, and security monitoring to provide real-time observability of customers' technology stack.
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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.