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Technological developments have brought a lot of transformation across businesses, governments, social lives, and education. Nowadays, people can easily acquire the resources and information they need to maintain and operate their businesses. Technology has greatly influenced the stock market. To be successful in stock trading, it is essential to adopt the technology. All investors or brokers have realized how technology can help one become a great investor because technology stocks have acquired a leading position in the stock market.
Analytics Insight presents the top 5 tech stocks for investors to buy today.
Price Today: US$3457.17
Market Cap: US$1.751T
The company not only sells its own products, such as the Kindle e-reader, Fire tablet, Fire TV digital media player, Echo and Echo Dot smart speakers, and Dash Button instant-ordering devices but also earns fees by enabling third parties to sell their products via Amazon or other websites. In addition to marketing and promotional services, Amazon also provides access to technology infrastructure to developers and enterprises.
Price Today: US$126.50
Market Cap: US$8.485B
Aspen Technology, Inc. engages in the provision of asset optimization solutions. It develops its applications to design, and optimize processes across the engineering, manufacturing, supply chain, and asset performance management areas. The firm operates through the Subscription and Software, and Services, and Other segments.
Price Today: US$376.51
Market Cap: US$1.062T
Facebook is a social networking service and website where users post photos, news updates, videos, and internet links that are shared with their connections, or "friends" in Facebook terminology, or with the entire internet. Large companies, small businesses, celebrities, and other notable people can create Facebook pages to showcase and promote their products and work. The company offers an instant messaging service called Facebook Messenger that can be used through Facebook or as a standalone app.
Price Today: US$54.99
Market Cap: US$223.094B
Intel primarily develops and sells computer parts such as platforms, which comprise microprocessors and chipsets; motherboards; and wired and wireless connectivity devices. Microprocessors manage data and control parts of a system, while chipsets send information to and from devices like monitors, hard drives, and keyboards. The company's technology is used in products like smartphones, tablets, wearable devices, and servers.
Price Today: US$138.15
Market Cap: US$123.827B
International Business Machines Corp. is a leading information, computing, and technology services company. IBM provides IT infrastructure for businesses, along with strategic outsourcing, integrated technology, and cloud services. IBM's innovations include Watson, the first commercially available cognitive computing platform that can interact in natural language, process vast amounts of big data, and learn from its interactions with people and computers.
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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 about the financial risks involved here.
