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Investment Alert! Top 5 Tech Stocks to Buy on October 18, 2021

Written By : Sayantani Sanyal

Here is the list of the top 5 tech stocks every investor should consider

The advancements in the technological field give rise to the demand for technology stocks from eminent tech companies across the world. It is speculated that the future will be dominated by technology. Recently, many tech stocks are attracting the eyes of investors across the world. Investors should have a look at the best tech stocks to buy before making any move. Here are the top tech stocks to buy on October 18, 2021.

Analytics Insight provides a list of the top 5 tech stocks, according to Yahoo Finance.

QUALCOMM Incorporated

Current Price: US$130.20

Market Capital: US$146.866 billion

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

Matterport, Inc.

Current price: US$19.55

Market cap: US$4.73 billion

Matterport is known as a spatial data company that focuses on digitizing and indexing the built world while offering Matteport digital twins— a 3D data platform to design and understand spaces. There are different products and services such as Matterport Capture, Matterport Workshop, Matterport Showcase, and Matterport VR with 3D cameras, and many more immersive experiences.

Cisco Systems, Inc.

Current price: US$54.93

Market cap: US$231.68 billion

Being a tech company, Cisco Systems is known for designing and manufacturing Internet Protocol (IP)-based networking and other products related to the communications and IT industry across the world. It is a popular tech stock that provides infrastructure platforms, Cisco TelePresence, and IoT as well as analytics software. There is a diverse range of services for customers like technical supports and advanced services.

Intel Corporation

Current Price: US$54.46

Market Capital: US$220.944 billion

Intel Corporation designs manufacture and sells essential technologies for the cloud, smart, and connected devices for retail, industrial, and consumer uses worldwide. The company operates through DCG, IOTG, Mobileye, NSG, PSG, CCG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products comprising accelerators, boards and systems, connectivity products, and memory and storage products.

Microsoft Corporation

Price Today: US$304.21

Market Cap: US$2.286 Trillion

Microsoft produces computer software, consumer electronics, personal computers, and related services. Its best-known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.

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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.

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