Technology has had a huge impact on our lives and is generally regarded to have improved our social lives, businesses, governments, and education. Unless one is a broker or an investor, people don't give much thought to the fact that how much technology has had an impact on the productivity of the stock market. Because of the rise of technology, it is now ranked the third most profitable stock exchange in the world. Technology stocks have acquired a leading position in the stock market.
Analytics Insight presents the top 5 tech stocks for investors to buy today.
Price Today: US$361.97
Market Cap: US$106.7B
Zoom Video Communications is a communications technology company that provides a video-first communication platform and web conferencing services. Its cloud platform provides video, voice, content sharing, and chat for mobile devices, desktops, telephones, and room systems.
Price Today: US$140.20
Market Cap: US$16.4B
PTC is a provider of software and technology services. The company works with manufacturers to uplift efficiency savings by integrating augmented reality, the internet of things (IoT), computer-aided design (CAD), and product lifecycle management (PLM) technology into a variety of products.
Price today: US$48.33
Market cap: US$5.9B
CDK Global caters to integrated technology to the automotive, heavy truck, recreation, and heavy equipment industries. The company aids automotive dealerships and original equipment manufacturers (OEMs) to streamline and make the best use of their daily operations.
Price Today: US$26.80
Market Cap: US$4.3B
Datto Holding offers cloud-based software and security services for delivery by managed service providers (MSPs). The company's innovative technology solutions provide cyber resilience, efficiency, and growth for MSPs.
Price Today: US$64.20
Market Cap: US$19.7B
Western Digital is a developer and manufacturer of data storage devices and solutions serving the IT and the infrastructure that makes the proliferation of data possible. It offers a portfolio of technologies, storage devices, systems, and solutions through its WD, SanDisk, G-Technology, and Western Digital brands.
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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 scams, 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.