Connect with us

Hi, what are you looking for?

Stock

Discover the Top 4 Tech Stocks Stealing the Show Right Now!

1. Tesla Inc. (TSLA):

The first on our watch list is Tesla, an American electric vehicle and clean energy company headed by the ambitious and forward-thinking Elon Musk. While people often think of Tesla as a car company, they are much more than that. Tesla is also involved in renewable energy technologies via their solar energy and power storage systems.

The primary reason for this bullish sentiment towards Tesla is the company’s consistent positive trajectory in vehicle deliveries. In 2020, Tesla delivered approximately 500,000 vehicles, despite the global pandemic’s impact on production, leading to a nearly 36% increase from the previous year.

Investing in Tesla means you’re investing in a bigger vision, for electric vehicles are just a stepping stone towards a more sustainable future. This tech stock is worth watching for its leaps in innovation, disruptive potential, and its commitment to a greener planet.

2. Microsoft Corporation (MSFT):

Microsoft has long been a player in the world of technology stocks, consistently providing investors with reliable returns without the boom and bust unpredictability of many tech startups. Over the past few years, the company shifted its strategic focus towards cloud computing, successfully competing with Amazon’s AWS through its Azure platform.

Its cloud-first strategy seems to be working: in 2021, Microsoft’s Intelligent Cloud division reported a hefty 23% increase in revenue. In addition to this, Microsoft also benefits from a diverse array of other revenue streams, such as its Productivity and Business Processes division, which includes popular software products like Office 365 and Linkedin.

As a tech giant with multiple sources of revenue and an expanding presence in the ever-growing cloud services market, Microsoft is certainly a tech stock to keep an eye on.

3. NVIDIA Corporation (NVDA):

NVIDIA, the graphic processing unit (GPU) and artificial intelligence (AI) powerhouse, is another tech stock to watch. NVIDIA’s GPUs are used in a wide range of applications, from gaming to professional visualization and data centers, making the company a leading player in numerous cutting-edge technology fields.

Additionally, NVIDIA’s data center business has been outperforming its gaming business, riding on an increase in hyperscale demand. NVIDIA’s recent acquisition of AI chip start-up Mellanox is highly complementary to its growing data-center business.

Considering its stronghold on the gaming market, its advancing data center capabilities, and its wide-ranging AI technologies, NVIDIA is a promising choice for tech-savvy investors.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Getchell Gold Corp, a junior miner exploring gold mining in Nevada, has just initiated trading on the Frankfurt Exchange under the symbol GGA1. Getchell...

    Stock

    With government issues, i.e. bonds, it is essential to consider the “long term trend” in order to get the most benefit and create wealth...

    Latest News

    France has announced the release of François Santoni, a French official that had been held by Niger security forces since July 7. The French...

    Investing

    Exploration results from the latest Bigfoot Drilling Program at the Tatiggaq Project in Canada’s Thelon Basin, Yukon-Northwest Territories region have demonstrated that the uranium...

    Disclaimer: Incomeinvestingsinsider.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 Incomeinvestingsinsider.com