The year 2020 was quite turbulent for the technology sector, but investors had their eyes on the reopening of tech stocks and cryptocurrencies.
Tech stocks have performed relatively better than the broader market over the past year. The growing influence of artificial intelligence, software, electronics, and other technologies has caused a tremendous surge in the global tech market.
Analytics Insight presents the top tech stocks with the best value and market capitalizations, according to MarketWatch.com.
Price Today: US$354.60
Market capitalization: US$1.01T
For the past couple of years, Facebook has been on a rat race with Apple, Microsoft, and Amazon to reach the $1 trillion mark. Even though Facebook has faced legal issues on the security and privacy policies for its customers, the company has finally reached the trillion-dollar mark. The recent developments on the application have caused a hike in its valuation.
Price Today: US$30.68
Market Capitalization: US$36.88B
HP is a global provider of personal computing, imaging, and printing products and services. The company offers computers, notebooks, workstations, retail point-of-sale systems, displays, and other services and is involved in the constant development of other technologies. HP also has one of the fastest-growing stocks in the market.
Price Today: US$56.63
Market capitalization: US$229.2B
Intel designs and manufactures computer components, including chips, servers, memory, hard disks, wireless connectivity products, and more. Its products are designed to function in both traditional and modern computing technologies. The company offers the latest technology services like 5G, cloud computing, AI, in cost-effective programs which makes the company one of the best in its field.
Price Today: US$76.98
Market Capitalization: US$3.76B
Blackbaud is a software company that focuses on providing for charitable organizations and schools. Last year, the company estimated to have donated about 25% of its profits to charitable foundations. Its primary business focuses on providing software facilities to charitable organizations, manage the funds, and maintain their relationship with the donors.
Price Today: US$192.20
Market Capitalization: US$177.51B
Texas Instruments is one of the leading manufacturers of analog semiconductor chips. It focuses on taking real-world parameters such as weather information and convert them into data for digital use.
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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.