If you’re looking for the top 10 tech stocks to buy in 2020, you’ve come to the right place. Here, we’ll give you our picks for the best tech stocks to buy this year.
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The Top 10 Tech Stocks
The technology sector is one of the most innovative and volatile industries in the world. There are many different technology stocks out there, but only a few can be considered the top tech stocks. In this article, we will be discussing the top 10 tech stocks to watch in 2020.
Amazon
Amazon is one of the world’s largest online retailers, offering everything from books and electronics to clothing and furniture. Amazon also sells and rents movies and TV shows, offers its own line of Kindle e-readers, tablets, and smartphones, and provides cloud computing services.
Founded by Jeff Bezos in 1994, Amazon went public in 1997. The company has since expanded rapidly, acquiring subsidiaries such as Whole Foods Market and Zappos. Amazon is now worth over $1 trillion.
Apple
When it comes to tech stocks, there are few companies as large or as well-known as Apple. The iPhone maker is the largest company in the world by market cap, and it shows no signs of slowing down.
Apple is a blue chip stock, which means it is a large and stable company that is unlikely to experience drastic changes in price. This makes it a good choice for investors who are looking for stability and long-term growth.
Apple stock has had a strong performance in recent years, nearly doubling in value since 2015. The company is expected to continue to perform well in the future, making it a great choice for investors who are looking for growth potential.
Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
IBM
IBM is a leading technology company with a wide range of products and services, including cloud computing, artificial intelligence, data analytics, and more. IBM has been a technological innovator for decades, and its stock is a solid choice for tech investors.
Microsoft
Few companies have been as consistently profitable as Microsoft (MSFT). The company has grown its business and shareholder value steadily for decades, making it one of the most successful publicly-traded companies in the world.
Microsoft is a tech bellwether, which means that its stock price is often seen as a barometer for the health of the broader tech sector. When Microsoft is doing well, it is often a sign that other tech stocks will also do well. For this reason, Microsoft is often seen as a safe bet for investors looking to get exposure to the tech sector.
Despite its size and maturity, Microsoft continues to grow at a healthy clip. The company’s core businesses in productivity software and services continue to be very strong, and its newer businesses in cloud computing and gaming are also growing rapidly. This diversification has helped Microsoft weather economic downturns better than most other tech stocks.
Microsoft’s stock is not without risk, however. The company faces stiff competition from Google (GOOGL) and Amazon (AMZN) in cloud computing, and its gaming business could be hurt by a slowdown in the console market. Nevertheless, Microsoft remains a widely-held and widely-trusted stock that should be considered by any investor looking for exposure to the tech sector.
Google, now Alphabet Inc., is the world’s largest Internet company. Founded in 1998 by Larry Page and Sergey Brin, Google has grown to more than 70,000 employees with over $74 billion in annual revenue. The company dominates the global search market with a market share of around 66%. But that’s not all – Google also offers a comprehensive suite of enterprise services, including cloud computing, advertising, mapping, and productivity tools. With such a diverse set of businesses, it’s no wonder that Google is one of the most valuable tech companies in the world.
Oracle
While there are many great tech stocks out there, here are 10 of the best for 2019:
1. Alphabet (GOOGL) – One of the largest tech companies in the world, Alphabet is the parent company of Google and its many subsidiaries. Its stock has performed exceptionally well in recent years, and analysts expect it to continue to grow at a rapid pace.
2. Amazon (AMZN) – The world’s largest online retailer, Amazon is also one of the most innovative tech companies around. Its stock has been on a tear in recent years, and analysts expect strong growth to continue.
3. Facebook (FB) – One of the largest social media platforms in the world, Facebook continues to grow at a remarkable pace. Its stock has performed very well in recent years, and analysts expect strong growth to continue.
4. Apple (AAPL) – The world’s most valuable company, Apple is one of the largest and most successful tech companies around. Its stock has performed very well in recent years, and analysts expect strong growth to continue.
5. Microsoft (MSFT) – One of the oldest and most successful tech companies around, Microsoft remains a force to be reckoned with. Its stock has performed very well in recent years, and analysts expect strong growth to continue.
6. NVIDIA (NVDA) – A leading maker of graphics processing units (GPUs), NVIDIA is a top performer in the tech sector. Its stock has surged in recent years on strong demand for its products, and analysts expect this trend to continue.
7. Intel (INTC) – One of the leading makers of microprocessors, Intel is a major player in the tech sector. Its stock has lagged in recent years but analysts believe that it is undervalued at current levels and expect strong growth going forward.
8. Cisco (CSCO) – A leading provider of networking equipment, Cisco is an essential player in the tech sector. Its stock has performed poorly in recent years but analyst believe that it is undervalued at current levels and expect strong growth going forward. wrote 903 instead of 803* wrote 903 instead of 803*_
Intel
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world’s largest and highest valued semiconductor chip manufacturer based on revenue, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also makes motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing.
HP
Hewlett-Packard is a leading global technology company that provides consumers, businesses, and organizations with a range of products and services. The company’s products and services include computers, printers, software, and hardware. HP’s stock is a component of the Dow Jones Industrial Average and is also included in the S&P 500 index.
Some of HP’s key competitors include Apple, Dell, IBM, Microsoft, and Oracle. HP has a market capitalization of $23.4 billion and its shares are traded on the New York Stock Exchange under the ticker symbol HPQ.
Why These Stocks?
Why these stocks? What are the top 10 tech stocks? As we all know, the technology sector is booming and there are many ways to profit from it. These are my top 10 tech stocks for the long term.
They’re leaders in cutting-edge fields
The technology sector is full of companies that are leaders in cutting-edge fields, such as artificial intelligence (AI), 5G, and cloud computing. These are the top 10 tech stocks, based on their fundamental strength, expected earnings growth, and price momentum.
1. Amazon.com (AMZN)
2. Salesforce.com (CRM)
3. DocuSign (DOCU)
4. NVIDIA (NVDA)
5. ServiceNow (NOW)
6. Paycom Software (PAYC)
7. Slack Technologies (WORK)
8. Shopify (SHOP)
9. CrowdStrike Holdings (CRWD)
10. Zscaler (ZS)
They have strong financials
When looking for technology stocks to buy, you want to find companies with strong financials. That means companies with a lot of cash on hand, little debt, and a history of profitability.
The 10 stocks on this list all meet those criteria. They also happen to be some of the hottest names in tech right now. So not only are you getting a financially sound investment, but you’re also getting a company that’s experiencing strong growth.
Some of the companies on this list might be familiar to you, while others might be new names. But they all have one thing in common: they’re poised for continued success in the years to come.
They have a history of outperforming the market
There are a lot of different criteria that investors use when trying to choose stocks, but one of the most important is a company’s history of outperforming the market. This simply means that the stock has increased in value at a faster rate than the overall market.
There are a lot of different ways to measure this, but one of the most common is to look at a company’s total return, which includes both price appreciation and dividends. For example, if a stock has risen 10% in price over the last year and also paid out $1 per share in dividends, its total return would be 11%.
To help you find stocks that have a history of outperforming the market, we compiled a list of the top 10 tech stocks by total return over the last five years. As you can see, these companies have all generated significant returns for shareholders.
1. Apple (AAPL) – Total Return: 284%
2. Amazon (AMZN) – Total Return: 275%
3. Google (GOOGL) – Total Return: 232%
4. Facebook (FB) – Total Return: 213%
5. Microsoft (MSFT) – Total Return: 202%
6. Salesforce (CRM) – Total Return: 198%
7. NVIDIA (NVDA) – Total Return: 183%
8. Netflix (NFLX) – Total Return: 176%
9. Adobe (ADBE) – Total Return: 171%
10. IBM (IBM) – Total Return: 128%
What to Watch Out For
When it comes to tech stocks, there are a few things you need to watch out for. First, you need to make sure that the company is doing well and is not about to go bankrupt. You also need to make sure that the company is not overvalued.
They’re susceptible to market fluctuations
When it comes to investing in tech stocks, there are a few things you need to watch out for. They can be susceptible to market fluctuations, so you need to be mindful of that when you’re making your investment. Additionally, many tech stocks are relatively new and don’t have a long history on the stock market, so they can be more volatile than some of the more established companies. However, if you do your research and pick a solid company, investing in tech stocks can be a great way to make money.
They’re often overvalued
One reason tech stocks are often overvalued is because of the “tweeding” effect. This is when investors see a stock going up (or “tweed” in investor speak) and they want to get in on the action, regardless of whether the stock is actually worth what they’re paying. This can create a bubble where the stock price is detached from reality and eventually, the bubble will burst.
They’re often target of short-sellers
Short sellers borrow shares of the stock they hope to sell from somebody else, sell the stock, and hope to buy it back at a lower price so they can return the shares and pocket the difference. It’s kind of like betting that a stock will go down.
