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Start Investing: Top 5 Tech Stocks to Buy on September 16, 2021

Written By : Disha Sinha

The demand for technology is increasing at an increasing rate in this 21st century. Thus, investors have started keeping an eye on valuable and emerging tech stocks to invest time and money for yielding higher revenue. There are over hundreds of tech stocks in the tech-driven market. Check out these top 5 tech stocks that can help you to decide which tech stocks you want to buy from which tech companies.

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

Taiwan Semiconductor Manufacturing

Current price: US$121.50

Market cap: US$630.11 billion

Taiwan Semiconductor Manufacturing is focused on manufacturing and selling integrated circuits and semiconductors while offering customer service, account management, and many more. The target audience of this tech company is customers in the computer, communications, and industrial and standard segments in countries like North America, Europe, Japan, South Korea, and China.

Broadcom Inc.

Current price: US$509.74

Market cap: US$209.82 billion

Broadcom Inc. is California-based rising tech stock in the market that designs, develops, and supplies semiconductor infrastructure software solutions across the world. It enables customers to develop, automate, and secure applications across mobile or Cloud platforms. There are two segments of this company— semiconductor solutions and infrastructure software.

Intuit Inc.

Current price: US$572.11

Market cap: US$156.24 billion

Intuit Inc. is a California-based tech company focused on offering financial management and compliance products and services for a different target audience such as consumers, small businesses, accounting professionals, and self-employed. There are four segments of this company— small business and self-employed, consumer, credit karma, and ProConnect. It provides multiple solutions like QuickBooks Online Advanced, QuickBooks Enterprise, QuickBooks Self-Employed, Quickbooks Commerce, QuickBooks Accountant Desktop Plus, and QuickBooks Online Accountant.

Automatic Data Processing

Current price: US$200.52

Market cap: US$84.84 billion

Automatic Data Processing is a well-known New Jersey-based tech company that offers Cloud-based human capital management solutions across the world. There are two segments of this company— employer services and professional employer organization. It covers a wide range of services such as Cloud-based platforms, HR outsourcing solutions, payroll, HR management, benefits packages, talent engagement, and many more.

Xilinx, Inc

Current price: US$157.76

Market cap: US$39.04 billion

Xilinx, Inc. is one of the rising California-based tech stocks in the market focused on designing, developing, and marketing multiple programmable devices and associated technologies across the world. The company is known for providing Integrated Circuits (ICs) in the form of Programmable Logic Devices (PLDs).

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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.

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