The technology sector comprises businesses that sell goods and services in electronics, software, computers, artificial intelligence, machine learning, robotics, and others. The sector has several large tech companies with massive market capitalizations in the world like Apple, Microsoft, Tesla, and others. Tech stocks represent a gigantic portion of the stock market, and with the growing number of initiatives in technological innovations, more and more investors are growing eager to taste the profits yielded by these top tech stocks. In this article, Analytics Insight enlists the top 5 tech stocks for March 11, 2022.
Price today: US$53.12
Market cap: US$8.374
Sensata Technologies Holdings is considered as one of the top tech stocks of 2022, due to its large and mega-cap stocks with nearly unrivaled scale and enviable brand recognition. The company specializes in sensors with heavy construction in the automotive and aerospace markets.
Price today: US$38.01
Market cap: US$7.283 billion
Asana is a workplace collaboration software company that has witnessed a massive increase in revenue in the past couple of months. The company provides a web and mobile work management platform designed to help teams organize, track, and manage their work.
Price today: US$47.57
Market cap: US$5.555 billion
CDK Global provides integrated data and technology solutions to the automotive, heavy truck, recreation, and heavy equipment industries. The company produces OEMs to optimize and streamline the daily operations of the clients.
Price today: US$21.76
Market cap: US$5.088 billion
Mandiant is a provider of cyber defense solutions. The company utilizes threat researchers, reverse engineers, intelligence analysts, and incident responders located in 26 countries. The company reported extreme profits since Q4 2021.
Price today: US$140.86
Market cap: US$25.269 billion
Twilio is a leading cloud communication platform. Back in 2021, Twilio's revenue grew 61% year over year, making it one of the most robust tech stocks in the market.
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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.