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Some popular, as well as new tech stocks, are thriving in the global tech market owing to the emergence of digital transformation and the tech-driven mindset of Industry 4.0. Cutting-edge technologies have started entering our lives to boost productivity in each and every way through multiple smart devices. There are upcoming tech companies that are creating new technologies to gain a competitive edge in this market. Investors are also aiming for these tech stocks to invest and earn revenue in a short period of time.
Analytics Insight provides a list of the top 5 tech stocks, according to Yahoo Finance.
Current price: US$63.50
Market cap: US$89.82 billion
Foxconn Technology is a well-known Taiwanese multinational electronics contract manufacturer focused on producing and selling metal casings, parts, and components. It also offers hand-held device casings, metal parts, machine-related components, thermal modules, and many more. Foxconn is also focused on R&D, manufacture, as well as the marketing of optoelectronics and computer cables.
Current price: US$12.40
Market cap: US$28.93 billion
Panasonic Corporation is a world-known tech company focused on multiple electronic products across the world. There are five segments for the global target audience— appliances, life solutions, connected solutions, automotive, and industrial solutions. There are wide and diverse ranges of products available in the global tech market such as air conditioners, refrigerators, washing machines, digital cameras, showcases, water-related products, wiring devices, projectors, batteries, and many more.
Current price: US$150,500
Market cap: US$28.33 trillion
LG Electronics is one of the popular tech companies to sell consumer electronics, mobile communications as well as home appliances across the world. There are five segments for the target audience— home appliance and air solution, home entertainment, mobile communications, vehicle components solutions, and business solutions. The company offers a diverse range of products to the tech-driven world such as air purifiers, air conditioners, washing machines, OLED and LED signages, commercial TVs, solar panels, compressors, and many more. It also provides a Cloud service to connect businesses and machines to business owners known as LG Smart Solutions.
Current price: US$20.46
Market cap: US$12.32 billion
Lenovo is focused on developing, manufacturing, and marketing technology products and services across the global tech market through two segments— intelligent devices group and data center group. It operates in China, the Asia Pacific, Europe, the Middle East, Africa, and the Americas. Lenovo is popular for laptops, phones, software, computer hardware, management, supply chain, data management, investment management, and many more.
Current price: US$114.76
Market cap: US$55.49 billion
Hitachi is a popular Japanese tech company that provides IT, energy, industry, and smart life solutions beyond boundaries. It is focused on offering IoT, ATMs, self-service terminals, scanners, drone platform solutions, unmanned aerial system traffic management, and many more. It also offers medical equipment for radiation therapy, operates nuclear power plants, IGBT drives, PCs, UPS, steel systems, and many more to meet the needs of consumers.
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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 here.
