The vastness of the technology sector appeals to every profit-seeking investor. It consists of gadget makers, software developers, wireless providers, streaming services, semiconductor companies, cloud computing providers, and so many others. These companies have maintained their success streak, and now their stocks yield maximum profits for their investors. The top tech stocks boast strong success fundamentals along with a robust price performance in the industry. So, Analytics Insight presents the top 5 tech stocks for January 12, 2022.
Price today: US$185.40
Market cap: US$207.648 billion
Qualcomm is a multinational corporation that manufactures semiconductors, software, and services related to wireless technology. Over the years, the company has expanded into producing semiconductor products in the fabless manufacturing model.
Price today: US$55.91
Market cap: US$227.386 billion
Intel is one of the world's largest semiconductor producers. The company designs and sells central processing units for desktops, laptops, servers, as well as specialty chips for use in artificial intelligence. Intel is also progressing towards manufacturing, as it is partnering with other companies to produce chips for them.
Price today: US$60.25
Market cap: US$46.024 billion
Dell Technologies is a multinational technology company that manufactures products like personal computers, servers, smartphones, televisions, and computer security and network, to name a few. It is also a leader in digital transformation, providing top-notch services to its clients.
Price today: US$62.37
Market cap: US$263.052 billion
Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high technology products and services. The company also specializes in specific tech markets like IoT, domain security, videoconferencing platforms, and others.
Price today: US$24.33
Market cap: US$9.305 billion
Dropbox is a file hosting company service that offers cloud storage, file synchronization, personal cloud, and client software. It has been declared as the most valuable company in the US and in the world as thousands of people avail Dropbox services.