The tech sector has provided sufficient service to society amidst the ongoing coronavirus pandemic. People have realized how much they need technology to enhance the standard of living. Thus, there is a huge demand for tech stocks in the market across the world. Investors are highly interested to get knowledge of the top five tech stocks to buy in the current market. Dealing with the best tech stocks is a volatile venture but investors can receive higher ROI due to the constant innovations of disruptive technologies.
Analytics Insight provides a list of the top 5 tech stocks, according to Yahoo Finance.
PayPal Inc.
PayPal is focused on accessing the opportunities in financial services and empowering people and businesses to thrive in the global economy. The open digital payment platform provides service to around 325 million active users through online service on any smart device. It is determined to offer multiple choices and flexibility while sending, receiving, or paying money. PayPal stock rose over 1.4% at US$293.65 on Monday with a market cap of US$344.96 billion and it has observed that the shares have increased by 25% in 2021.
Salesforce.com, Inc.
Salesforce.com, Inc. is specialized in Customer Relationship Management (CRM), marketing automation, analytics as well as application development. It provides an integrated platform known as Salesforce Customer 360 Platform that brings companies and customers together. It has attracted more buyers who use personalized marketing with over 150,000 companies as clients. It is an inclusive community of more than 10 million innovators, disruptors, and trailblazers. The stock price is US$244.57, up by 1.12% with a market cap of US$226.47 billion.
Match Group, Inc.
Match Group, Inc. is the most popular American Internet and Technology company that operates the largest global portfolio of some famous online dating services across the world for more than 20 years. The mission is to spark meaningful connections for every person in the world. It offers products in more than 40 languages with 11.1 million subscribers and the LTM revenue is US$2.5 billion. The current stock price is US$161.53, down by 0.28% with a market cap of US$48.83 billion.
Yelp Inc.
Yelp Inc. is the market group of Yelp.com and Yelp app that is focused on publishing crowd-sourced reviews about businesses like restaurants, dentists, bars, salons, and many more. It is based in San Francisco to connect people with local businesses across the world. The active users have contributed to more than 200 million reviews and the net revenue of the first quarter in 2021 is US$232 million. There are more than 5.4 million active claimed local business locations with 31 million app unique devices. The current price of the stock is US$40.47, down by 1.36% with a market cap of US$3.01 billion.
Electronics Arts Inc.
Electronics Arts Inc. or popularly known as EA is one of the global leaders in digital interactive entertainment based in California. It focuses on the development and delivering games, content as well as online services for Internet-connected consoles and smart devices. It has more than 450 million registered players and EA gained US$5.5 billion in revenue in 2020. The current price of the stock is US$ 142.98, up by 3.17% with a market cap of US$40.85 billion.
