Whether a small start-up or an established giant, it’s in the interests of tech companies to race to place game-changing products on the market.
Because of this, tech companies have the potential to define new categories and reap huge profits by doing so. And this inherent potential makes them a great choice for investors who want to share in their profits.
Today, it’s easier than ever to get a slice of the tech pie. As an investor, you have many options, ranging from ETFs, mutual funds, and even CFD trading tech stocks for added leverage.
Yet buying individual tech stocks is still the simplest method. Below, we’ll take a look at four strong tech company stocks for you to add to your portfolio.
Apple, Inc. (AAPL)
This company has been a household name since the first iPhone launch in 2007. Since then, Apple’s offering has expanded its offering – leading the way in innovation with every step.
It’s no coincidence that AAPL is one of the most popular stocks in ETF portfolios. Apple is one of the largest and most successful companies in the world. And in case you value the opinion of the world’s most successful investor – AAPL makes up more than 40% of Warren Buffet’s portfolio.
Amazon.com, Inc. (AMZN)
Once a small online bookshop, this company is now the largest e-commerce retailer in the world. As the go-to platform for online shopping with over 2 billion user visits per month in 2022 so far, there isn’t much to suggest that AMZN will suffer any catastrophic losses in the near future.
In addition to pushing the envelope with its cloud computing product, Amazon Web Services, this tech giant has also strengthened its position by acquiring other notable companies such as Twitch, Whole Foods, and more.
As the parent of the world-famous companies Google and YouTube, Alphabet is one of the most popular tech stocks today. Third-party advertising capabilities on both of these search engines generate massive amounts of revenue for this company, making it a strong pick for wily investors.
Alphabet is constantly leading at the forefront of technology. In fact, it’s reportedly even exploring a possible blockchain solution for Web3.
Hewlett Packard Inc. (HPQ)
One of the key players in the computer hardware industry, HP’s stock is one of the best choices on the market. It regularly meets analysts’ expectations, holding steady operating margins and providing reliable returns for shareholders. This makes it a good choice for stable performance, rather than aggressive gains.
With so many tech company stocks to pick from, finding good investments can be an overwhelming process. Yet by picking the stocks listed above, you’re highly likely to enhance your portfolio.