Technology has pervaded every part of our lives.
And the market. The technology market has reached $3 trillion dollars.
That’s a lot of cash no matter how you look at it, and finding the best tech stocks has made more than one fortune in recent years but it can be a dicey game.
If you’re looking to get an overview of some of the best tech companies to invest in then you’re in the right place. Real time information is an invaluable tool to knowing important investing metrics, like the premarket movers on the day, or how a certain stock performed in after hours trading the night before. Read on and we’ll show you some of the stocks to watch this year if you’re ready to take the leap into exciting opportunities.
1. Amazon.com (AMZN)
Amazon is almost evergreen at this point, the e-commerce company is diverse, solid, and holds a huge market share.
Their stock has shown some short term volatility, including a rather drastic drop in 2018. Fortunately, stock in Amazon is on the rise again and it may be a good time to get in on it.
Just don’t expect them to turn a profit for your stock overnight.
2. Apple (AAPL)
Apple also had a drop at the beginning of 2019, but that was true of a large segment of the market.
As another of the “Big Four” in the tech industry, however, the company has shown some staying power. Like Amazon, they’re probably best to avoid if you’re looking for short term gains.
They’re projected to begin recovering later in 2019, however, which can make them a valuable long term investment and the price is right at the moment.
While they’re still one of the best tech stocks around, their growth over the next year is up for some debate.
3. Alibaba Group Holding (BABA)
Alibaba took the same hit as the largest tech companies out there, but they’re also recovering more quickly.
In addition, their growth is holding steady and has been for some time. The company uses a leaner model than Amazon for their products and services which means they’re also working with a larger profit margin.
Their stock may be a bit of a gamble compared to the Big Four but the company’s outlook is good. Like Amazon, their heavy focus on customer service makes them a good choice for those looking to get out of the biggest competitors in the tech industry.
They’re a heavily recommended stock at the moment, and it looks like the company will be doing big things throughout 2019.
4. Simulations Plus (SLP)
Getting away from some of the bigger names is never a bad idea. Simulations Plus is a company which produces modeling software for the pharmaceutical and biotech industries.
A quick look at their history shows that they’ve risen quickly and steadily since their creation and the advanced technology they offer is sure to only increase in demand over the course of the next year.
5. Micron (MU)
Micron Technology, a company which produces semiconductors is another winning pick that a beginner might not know about. Unlike many of the stocks we recommended, they seemed unaffected at the beginning of 2019.
While the stock took a heavy fall in 2018, they’re already back on the rise and the demand for their products doesn’t appear to be going anywhere.
Make a Move on the Best Tech Stocks
Finding the best tech stocks to invest in can be tricky. While the big players tend to have lasting value and are great to invest in after a dip there’s some uncertainty in the market for many.
Growth doesn’t appear to be slowing down, however, it’s just a matter of finding the right companies to put your money into.
If you’re looking for more tips then check out our Business section.