Tech helps businesses grow and prosper, creates relationships, strengthens the effectiveness of organizations, allows people to learn about one another, and greatly affects the way companies communicate with prospective customers. Tech stocks are always related to technological innovations and advancements to boost productivity in all industries across the world. Amid the financial instability, it is prudent to pick solid growth tech companies as these are financially stable, accruing profits in established markets. These technology stocks, with their solid fundamentals, allow tech investors to hedge their funds from any economic downturn. Tech investors always lookout for top tech stocks to buy besides the big names such as Meta, Google, Amazon, NVIDIA, and many more.
Analytics Insight provides a list of the top five tech stocks, according to Yahoo Finance.
Current Price: US$30.70
Market Cap: US$2.183 billion
Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services.
Current Price: US$126.26
Market Cap: US$35.507 billion
Electronic Arts Inc. develops, markets, publishes and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and Plants vs. Zombies brands.
Current Price: US$80.55
Market Cap: US$62.767 billion
Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Activision Publishing, Inc.; Blizzard Entertainment, Inc.; and King Digital Entertainment.
Current Price: US$98.66
Market Cap: US$267.071 billion
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.
Current Price: US$47.68
Market Cap: US$194.153 billion
Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and storage products.
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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.