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Patience pays off; It is something that the tech stocks keep proving to their investors. While the tech stock prices experienced extreme volatility earlier this year, its comeback has made everything turn around. The tech sector has been reclaiming significant investor attention lately, thanks to the rapid adoption of artificial intelligence and other technologies. Following the outbreak of the Covid-19 pandemic, the whole world went into lockdown, pushing businesses and organizations to work on remote modes. When the virtual way of working was streamlined, companies started hunting down technologies to enhance their daily routine. The growing reliance on technology and people's optimism towards the industry has triggered everybody to try their hand on top tech stocks to buy. As we enter the second half of 2021, tech stocks along with the broader stock market continue to show price spikes. Evidently, tech companies are also gaining big profits in the market scenario. They are broadening their bases and increasing their offerings to extend more opportunities. While some tech stocks to buy show immediate price haul, some other require patience. Some successful investors reaped the maximum profit by waiting years for the tech stock prices to go up. In this article, Analytics Insight has listed top tech stocks to buy for this weekend.
Constellation Software is a leading provider of software and services to a group of public and private sector markets. The company acquires, manages, and builds industry-specific software business which provides specialized, mission-critical software solutions that address the particular needs of its customers. Constellation Software unravels innovative software facilities to a variety of industries including agriculture, utilities, aerospace, oil and gas, education, pharmaceuticals, etc. Although Constellation Software stocks have been performing very well in the past, its growth rate was significantly lower recently. Fortunately, it is getting its pace back with the growing digital trend.
Canon Inc is a professional and consumer imaging Solutions Company and patent-holder of digital imaging technologies. The company's exclusive products include networked multifunction devices, digital and analog copiers, computer peripherals, facsimile machines, image filing systems, camcorders, cameras and lenses, semiconductors, and broadcast and medical equipment. Headquartered in Japan, Canon is well recognized across the globe for its innovative product range. In June, Canon stocks didn't remarkably do well. But based on the average daily trading value, enthusiasts anticipate that it could see a spike in the coming days.
Marin Software provides a leading cross-channel performance advertising platform used by advertisers and agencies to power their paid marketing programs. The company delivers customers, revenue, and ROI for digital advertisers. Its signature product 'MarinOne' addresses all the digital challenges faced by marketers. Marin One helps maximize the result of users' digital campaigns by providing a single view of the customer. The company's stock prices continue to climb over the last week as its ad management platform now lets users manage Instacard ads.
ZW Data Action Technologies, is an integrated online advertising, precision marketing, data analytics, and another value-added service provider. Established in 2003 and headquartered in Beijing, the company leverages a fully integrated service platform, proprietary database, and cutting-edge algorithms to deliver customized products. ZW Data Action Technologies stocks have recently declined by 6.45%. But its strategic collaborations are anticipated to bring back its tech stock price to the old form.
Cerence a spin-off company from Nuance Communications, Inc, is an automotive software provider. The company delivers on its mission to build immersive experiences that make people feel happier, safer, more informed, and more entertained in their cars. With the help of Conversational AI products, Cerence unites consumer's transportation and digital lives with a modern mobility experience. Cerence stocks are performing well in the market with an 8.10% recorded spike in last week.
Excela Technologies, is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. The company leverages workflow automation, attended and un-attended cognitive automation, digital mailrooms, print communications, and payment processing. To revive its stock price from subsequent falls, the company announced US$150 million at the market equity program to improve its liquidity position.
OpenText, is a world leader in Information Management, helping companies securely capture, govern, and exchange information on a global scale. The company's software seamlessly combines collaboration with content management, transforming information into knowledge that provides the foundation for innovation, compliance, and accelerated growth. The stock of OpenText shows that it is fairly valued in the market. At its current market cap of US$14.1 billion, the company is expected to accommodate more investors.
Nuvei, is a financial service company that provides its clients with payment technology solutions. Nuvei services support ISOs, ISVs, payment facilitators, developers, and eCommerce platforms. The company leverages mobile payments, online payments, and in-store payments solutions to its customers. Geographically, the company has a remarkable presence in the United States and European nations. With the arrival of 5G across the globe, Nuvei stocks are expected to see drastic growth in the coming months.
Shopify, is a commerce platform that allows anyone to set up an online store and sell their products. Users can also sell their products to a person with Shopify POS. With its user-friendly interface, professional design, and easy to use, Shopify has attracted 1 million users in 2019. Shopfiy stock prices are seeing subsequent rises over the past one month before experiencing a sudden fall. The company's stock prices fell at the backdrop of its sudden announcement to reduce app store usage fees for developers.
Lightspeed POS Inc provides an omnichannel commerce-enabling SaaS platform. The company's software platform leverages customers with the functionality it needs to engage with consumers, manages their operations, accept payments, and grow their business. Lightspeed stock is one of the top growth stocks on the tech stock market. It went public in March 2019 and has since returned a stellar 473%.
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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.
