The technology sector has been beaten down in recent months, but there could be a turning tide. Investors looking to capitalize on this shift should take a closer look at the nine best tech stocks to buy now.
First up is Microsoft Corporation (MSFT). The company recently reported strong earnings and its stock price has risen significantly since then. MSFT offers investors stability and growth potential as it continues to expand into new markets such as cloud computing, artificial intelligence, and gaming services.
Next is Apple Inc (AAPL), which remains one of the most popular tech stocks on the market today. AAPL’s product portfolio includes iPhones, iPads, Mac computers, and wearables like AirPods Pro earbuds and Apple Watch smartwatches—all of which have seen strong demand over the past year despite global economic uncertainty caused by COVID-19 pandemic lockdowns worldwide.
Amazon Inc (AMZN) rounds out our list of top three picks for tech stocks worth buying now due to its position as an e-commerce leader with a massive reach across multiple industries including retailing online media streaming, and cloud computing. AMZN also stands out from other companies in terms of innovation; it was among the first companies to embrace drone delivery technologies back in 2016.
Other noteworthy names include Alphabet Inc’s Google division(GOOGL), Intel Corp.(INTC), NVIDIA Corp.(NVDA), Cisco Systems(CSCO), Oracle Corp.(ORCL), Qualcomm Technologies(QCOM )and IBM Corporation(IBM ). All these firms are well established.