Let’s Invest! Top 5 Tech Stocks to Buy on 12th August 2021

Let’s Invest! Top 5 Tech Stocks to Buy on 12th August 2021
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Adapting to technological changes, make people aware and help them to utilize their time effectively. Technology adds immense possibilities to make one's future successful. People are getting more and more inclined to using advanced technology as the world is turning into a technology hub. It is increasing the interest among the investors to invest in the stocks and benefit from it. The following are the top tech stocks that can be bought today on 12th August 2021.

HubSpot Inc,

Current price: US$554.68

Market cap: US$25.92 billion

HubSpot Inc offers a CRM platform with all tools and integrations essential for marketing, sales, customer service, and many more functionalities. Marketing software consists of lead generation, marketing automation, and analytics; Sales Hub consists of advanced CRM and quotes; Service Hub consists of tickets, customer feedback, and knowledge base; CMS Hub consists of a drag-and-drop editor, SEO, and website themes along with Operations Hub that has data sync, programmable automation as well as data quality automation.

Luminar Technologies Inc,

Current price: US$18.76

Market cap: US$6.4 billion

Luminar Technologies Inc utilizes Lidar technology for auto-grade and high-volume manufacturability. It provides a single 1550nm fiber laser to stay eye-safe with 2 axis scanning mirrors that scan only the laser. It enables both detection and classification of objects and velocities out to 250 meters from cars to lanes with configurable field coverage.

Paypal Holdings Inc.

Price Today: US$292.10

Market Capitalization: US$349.05B

Paypal is amongst the most widely used fintech company in the world that offers online payment systems and money transfer services. During the pandemic, Paypal's stocks reached new heights as the need for contactless payment and virtual transactions became the new norm.

Arrow Electronics

Current price: US$119.96

Market cap: US$8.85 billion

Arrow Electronics is popular as a tech company for its products, services, and solutions to industrial and commercial users of electronic components as well as enterprise computing solutions in different countries. Two segments— Global Components and Global Enterprise Computing Solutions— distribute semiconductor, electro-mechanical, and interconnect products as well as computing and analytics solutions respectively.

GameStop Corporation

Current price: US$180.36

Market cap: US$13.42 billion

GameStop is known as the largest retail gaming and trade-in place for Xbox, PlayStation, other games, systems, consoles, toys, electronics, clothing as well as game accessories. It claims to be the digital-first omnichannel retailer with more than 4,000 stores across 10 countries. The brands included in the GameStop are EB Games, Micromania, ThinkGeek, and the world's leading print and digital video game publication known as Game Informer.

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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.

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