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Advancing technology has brought a lot of transformation in many industries. Everyone knows how technological development is influencing the stock market. Businesses are utilizing technology to provide more customer experience-based solutions, and all this is to stay upgraded in the market and attract investors towards tech stocks. Here are the top tech stocks to buy on October 06, 2021.
Analytics Insight provides a list of the top 5 tech stocks, according to Yahoo Finance.
Current Price: US$558.49
Market Capital: US$265.73 Billion
Adobe Inc. is specialized in software for the formation and publication of a broad range of content which includes graphics, photography, illustration, animation, multimedia/video, motion pictures, and print. The company has also expanded into digital marketing management software.
Current Price: US$89.26
Market Capital: US$244.009 Billion
Oracle supplies database software and technology, cloud-engineered systems, and enterprise software products, particularly its brands of database management systems. Oracle Corporation aims to help people see data in new ways, discover insights, and unlock endless possibilities.
Current Price: US$504.92
Market Capital: US$207.83 Billion
Broadcom Corporation is an American-based semiconductor company that manufactures products for the wireless and broadband communication industry. Broadcom was acquired by Avago Technologies in 2016 and is currently operated as a wholly-owned subsidiary of the merged entity Broadcom Inc. The company ranks about 54 on the list of top tech stocks.
Current Price: US$673.06
Market Capital: US$53.26 Billion
Align Technology is a manufacturer of Invisalign clear aligners and 3D digital scanners that are used in orthodontics. The company is headquartered in California. Align Technology manufactures the aligners in Juarez, Mexico, and when coming to the scanners in Israel and China. The company is a global medical device company that is transforming lives through better smiles. Align ranks about 341 in the market ranking.
Current Price: US$198.75
Market Capital: US$52.69 Billion
NXP Semiconductors N. V is a Dutch-based semiconductor manufacturer with its headquarters in the Netherlands. The company focuses on the automotive industry and has about 31,000 people across 35 countries working. It employs nearly 11,200 engineers and is reported to be of good revenue. The company ranks about 348 in the market ranking.
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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.
