Industries are constantly adopting advanced technologies that made tech stocks move towards the north despite several hurdles throughout the year. The resurgence of coronavirus and its variants rattled stock markets worldwide. However, it also increased demand for video conferencing, eCommerce, cloud computing, and accelerated tech stocks to surge further. It captures what return investors would realize from owning the stock over a certain time period. Businesses are utilizing technology to provide more customer experience-based solutions to attract more investors towards tech stocks. Here are the five best tech stocks to buy on December 13, 2021.
Analytics Insight provides a list of 5 best tech stocks, according to Yahoo Finance.
Current Price: US$179.45
Market Capital: US$2.944T
Apple holds momentum of robust performance of iPhone, iPad, Mac, wearables, and an expanding App Store ecosystem. However, the ongoing chip shortage remains a headwind and may impact the top line in the last quarter of 2021. Additionally, the company offers various services, such as Apple Arcade, a game subscription service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, and more.
Current Price: US$342.54
Market Capital: US$2.572T
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.
Current Price: US$102.63
Market Capital: US$280.559 billion
Oracle Corporation provides products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering includes various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Fusion cloud advertising and customer experience, and NetSuite applications suite.
Current Price: US$631.68
Market Capital: US$260.01 billion
Broadcom Inc. designs, develops, and supplies semiconductor infrastructure software solutions. It offers semiconductor devices with a focus on complex digital and mixed-signal complementary metal oxide semiconductor-based devices and analog III-V based products worldwide. It is surely one of the best tech stocks to buy today.
Current Price: US$1,017.03
Market Capital: US$1.021T
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.