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Tech stocks are gaining the attention of the stock market this week. The recent technological developments have made it possible for tech stocks to continue their momentum of growth and profits. The technology sector is composed of businesses that sell goods and services in electronics, software, computer, artificial intelligence, and others. Today, Analytics Insight brings the top 5 tech stocks for November 29, 2021.
Price today: US$200.12
Market cap: US$64.388 billion
Cloudflare Inc. is an American web infrastructure and website security company that provides content delivery networks and DDoS mitigation services. Its services occur between a website's visitor and the company's customers' hosting provider, acting as a reverse proxy for websites.
Price today: US$47.41
Market cap: US$9.814 billion
Sunrun Inc provides solar energy solutions. It is a provider of residential solar panels and home batteries. The company is headquartered in San Francisco and believes in providing customized solutions for all industry needs. Its solar advisors offer one-on-one consultations to guide their customers through all complexities and details about their solar solutions.
Price today: US$665.64
Market cap: US$294.847 billion
Netflix is an American subscription streaming and production company. In 2021, the company has been ranked the eighth-most trusted brand globally by Morning Consult. Netflix can be accessed via internet browsers in computers or via its application software that is installed on smart TVs, set-top boxes, and connected to televisions, smartphones, and digital players.
Price today: US$639.55
Market cap: US$129.26 billion
It is a software company that offers a cloud platform enabling its customers to manage a range of digital workflows. Its platform is aimed at helping businesses optimize their productivity, develop customer loyalty, and create cross-enterprise workflow applications. The company has about 6,900 enterprise customers globally.
Price today: US$315.03
Market cap: US$785.055 billion
NVIDIA is a maker of GPUs, a type of computer chip that is originally designed for computer graphics. GPUs, which were extensively used for computer gaming, are now used for cryptocurrency mining and machine learning.
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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.
