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Investment Alert: Top Profitable Tech Stocks for Investors Today

Written By : Disha Sinha

Investors check out the top five tech stocks from reputed companies on January 5, 2022

Investors are always looking for profitable investments to earn hefty profit in digital wallets with stability. Technology stocks are gaining popularity in the global tech market in the recent few years. Tech companies are focused on developing cutting-edge products and services for the utmost customer satisfaction and brand loyalty. Thus, there are thousands of tech stocks available in the market besides the most popular ones.

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

JFrog Ltd.

Current price: US$29.73

Market cap: US$2.86 billion

JFrog Ltd. is one of the top five tech stocks to offer a DevOps platform for achieving a continuous software release management platform. It helps to enable organizations to deliver software updates to act as a bridge between software development and deployment. There is a wide range of products and services including JFrogartifactory, JFrog pipelines, JFrogXray, JFrog mission control, and so on.

8×8, Inc.

Current price: US$17.48

Market cap: US$1.99 billion

8×8, Inc. is a popular tech company for providing voice, video, chat, and enterprise-class APIs and Software-as-a-Service solutions for businesses. It is known for offering unified communications, data and analytics, and many more services. This technology company offers 8×8 work, 8×8 contact center, 8×8 meet, 8×8 team messaging, 8×8 CPaaS, and so on for consumers across the world.

NortonLifeLock Inc.

Current price: US$26.55

Market cap: US$15.45 billion

NortonLifeLock Inc. is one of the five tech stocks that provide cyber safety solutions to global organizations. It offers Norton 360, Norton Secure VPN solution, privacy monitor assistant, home title protect the product, and many more to protect against potential cyberattacks. It helps to enhance security and online privacy with a consumer-focused portfolio of cybersecurity and privacy solutions.

Alteryx, Inc.

Current price: US$60.09

Market cap: US$4.05 billion

Alteryx, Inc. is known for providing end-to-end analytics platforms for data analysts as well as scientists worldwide. The tech company offers analytic process automation software platforms such as Alteryx Designer, Alteryx Server, Alteryx Connect, Alteryx Promote, Alteryx Analytics Gallery, and so on. It also offers a hub for machine learning and artificial intelligence for process automation and analytics.

Avalara, Inc.

Current price: US$121.50

Market cap: US$10.56 billion

Avalara, Inc. is one of the top profitable tech stocks for investors as it provides cloud-based solutions for transaction tax compliance across the world. It offers a suite of compliance solutions to address the complexity of transaction tax compliance and many more functionalities. This tech stock offers a wide range of services such as AvaTax, Avalara Returns for tax, Avalara Compliance Document Management, MatrixMaster, and so on.

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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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