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People are getting more and more inclined to using advanced technology as the world is turning into a technology hub. As a result, tech industries are flourishing with a rate of growth that is increasing day by day as new inventions are taking place every day. It is increasing the interest among the investors to invest in the stocks and benefit from it. The researchers are confident that the tech industry would be top of the market for the next 50 to more years. The following are the top tech stocks that can be bought today on 14th July 2021.
Current Price: US$50.41
Market Cap: $6.1B
CDK Global provides integrated technology to the automotive, heavy truck, recreation, and heavy equipment industries. The company helps automotive dealerships and original equipment manufacturers (OEMs) to optimize and streamline their daily operations. CDK Global has more than 30,000 retail client locations. The company announced in early June that it completed its acquisition of Roadster Inc., a digital sales platform for buying and selling cars. CDK Global paid $360 million to complete the deal.
Current Price: US$135.71
Market Cap: $15.9B
PTC is a provider of software and technology services. The company works with manufacturers to boost efficiency savings by integrating augmented reality, the internet of things (IoT), computer-aided design (CAD), and product lifecycle management (PLM) technology into a variety of products. PTC employs a team of roughly 6,200 on a global basis.
Current Price: US$762.29
Market Cap: $474.9B
NVIDIA designs and develops GPUs and related software. The company's products and platforms serve a number of growing markets, including gaming, professional visualization, data center, and automotive. Its products are used to power U.S.-based Summit, the world's fastest supercomputer, as well as the fastest computing systems in Europe and Japan. NVIDIA recently announced that it has agreed to acquire DeepMap, a startup focused on building high-definition maps to enable the safe navigation of autonomous vehicles. The financial terms of the transaction, which is expected to close in the third quarter of 2021, were not disclosed.
Current Price: US$103.74
Market Cap: $32.2 B
Cloudflare is a global cloud services provider. Its platform delivers a range of network services that enhance the security and performance of its customers' websites and critical business applications. Roughly 25 million Internet properties utilize Cloudflare's services, and the company serves about 25 million HTTP requests per second.
Current Price: US$590.82
Market Cap: $27.6
HubSpot provides a cloud-based marketing and sales software platform to help enterprises grow their business. It offers customer relationship management (CRM), content management software (CMS), marketing and sales, and other business management solutions. HubSpot serves more than 113,000 customers in over 120 countries.
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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.
