The tech industry shapes the future of our country. Our existence cannot be sustained without products, software, and digital services developed, produced, and marketed by companies in the sector. Investors have become increasingly interested in tech stock investments in recent years.
There is an obvious reason for this: the tech sector has delivered an annualized return of 13% over the past decade, while the S&P 500 has delivered just 7%.
To help you find the best tech stocks to buy now, we have created a list of the 10 hottest tech stocks. This list will most likely offer you higher returns. But it would be a smart idea to do your own research or consult with an investment advisor before making a decision.
Why are tech stocks so popular?
In recent times, investors have been moving more and more toward tech equity investments. This is because the sector has outperformed the stock market by a very wide margin. Here are some reasons that are behind tech stock’s popularity.
- Higher returns: In the last 20 years tech stocks have given about a 16% annualized return which is double the return offered by the broader market.
- Growth opportunities: A majority of tech companies are in their early stages, and offer lucrative growth opportunities for long term investments. Additionally, the tech sector is the fastest-growing industry, and the spending on information technology is only expected to go up in the several years to come.
- Resiliency: These stocks are less volatile than other stocks. For example, during the 2008 stock market crash, the Nasdaq index which is mostly tech infested, showed some growth, whereas the S&P fell by 40%.
- Dividend potential: In many cases, tech companies now pay dividends, and there is potential for dividend growth in some of them.
How bright is the tech stock market future?
One of the hottest areas of the current stock market is technology. The prospect of more scorching returns in the future makes this sector a closely watched sector among investors. Traders are becoming more influential as the industry gains more technical advancements.
Additionally, tech stocks offer better growth opportunities, high resilience, better returns, and much more. Considering the benefits, this trend is likely to last for a long time! As a matter of fact, tech trends for trading seem to be heading in an even brighter direction
What are my favorite tech stocks?
Here are 10 of the best long term tech stocks, which I believe may provide you with higher returns in the future.
Established in 1976, Apple is currently the largest tech company in the world, with a staggering revenue of US$365.8 (as of June 2022). It is also the fourth-largest PC vendor, and the second-largest smartphone manufacturer in the world by unit sales.
|Established Date||1 April 1976, Los Altos, California, United States|
|Best product/service||iPhone, services, wearables, mac|
|Presence in continents||All countries|
|Growth opportunity in terms of continents||In Asian continent|
|New age technology involvement||Semiconductor, digital health, ar, VR, machine learning, AI|
You might ask, ‘is apple stock a good buy?’ If you are looking for the best tech stocks to buy, Apple would be the best choice for you. It is one of the most valuable tech companies that has consistently rewarded its investors over the past two decades and it is quite evident from the apple stock price history.
Established in 2004, meta is a revolutionary company that introduced the concept of the augmented reality world popularly known as the metaverse.
|Established Date||February 2004, Cambridge, Massachusetts, United States|
|Best product/service||Social Networking, Instant messenger|
|Market Domination||58% social media, 97% instant messenger|
|Presence in continents||In all 7 continents apart from China|
|Growth opportunity in terms of continents||In web3 it can become a great story also in WhatsApp it can create huge business|
|New age technology involvement||Web3, VR, AR|
If you’re planning to invest in the long run, you’d benefit from having meta stocks in your investment portfolio. The company would still have tremendous potential in the social networking and instant messaging app markets, even if you stripped away the Metaverse concept.
When it comes to online shopping, most people automatically think of Amazon. Since it was established on 5th July 1994, Amazon has grown into one of the largest e-commerce companies in the world. The Amazon Web Services (AWS) platform is also one of the most advanced web hosting platforms available today.
|Established Date||5 July 1994, Bellevue, Washington, United States|
|Best product/service||AWS, Retail|
|Presence in continents||Apart from Cuba, Iran, North Korea|
|Growth opportunity in terms of continents||Asia|
|New age technology involvement||Prime air, robotics|
The most critical question is, ‘Is it safe to invest in Amazon stock?’ In my opinion, Amazon would be a worthwhile stock to invest in if you want to stay around for a long time. The company is investing in technology that will most likely improve its profitability.
Google is a company that is directly connected with our lifestyle. No matter where you live or what you do, if you belong to modern-day society, there is a good chance that you need to use at least one google product. Google has literally made all the information available at our fingertips. With just a single click, you can get all the details on your screen, all thanks to Google and its powerful tools.
|Established Date||4 September 1998, Menlo Park, California, United States|
|Best product/service||Search engine, browser, mail, video sharing website, mobile os|
|Market Domination||More than 90% market share across the world apart from china|
|Presence in continent||In all continents (excluding China)|
|Growth opportunity in terms of continents||In all continents (excluding China)|
|New age technology involvement||ar, VR, blockchain, ai chip|
As with most big tech companies, Google stock history has stable trends along with its enormous market cap. Additionally, there is a growing EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) metric that indicates a rising google stock forecast. Therefore, if you want to invest in tech stocks, Google would be one of the best tech stocks to buy.
The ride-sharing company Uber is currently one of the world’s largest. One of the most fascinating companies to emerge in recent years is Uber, a company with disruptive technology, explosive growth, and constant controversy.
|Established Date||March 2009, San Francisco, California, United States|
|Best product/service||Uber platform|
|Market Domination||Almost 70% market share in cab market|
|Presence in continents||In most of the major economies|
|Growth opportunity in terms of continent||Huge upside potential|
|New age technology involvement||Autonomous car technology, chopper service|
Even though Uber’s share price isn’t a screaming buy yet, its business is recovering, inflationary headwinds are proving to be less troublesome, and its bottom line is improving. Thus, I think you can buy uber stocks right now — but investors should not assume it has bottomed out just yet.
Microsoft is the dominant company in the PC market with its revolutionary operating system Windows and other office productivity software. Microsoft is also the second largest cloud hosting platform just after AWS.
|Established Date||4 April 1975, Albuquerque, New Mexico, United States|
|Best product/service||Cloud, Operating System, etc|
|Microsoft stock market share||Desktop market share 76%, cloud 21%|
|Presence in continent||All over the world|
|Growth opportunity in terms of continent||Cloud, Operating System, etc|
|New age technology involvement||AR, VR, web3|
While Microsoft is valued at over $1.7 trillion, it hasn’t stifled its drive to innovate, nor has it triggered complacency. So, if you want to stay invested for a long time, then buying Microsoft stock would be a great option for you.
Headquartered in Austin Texas, Tesla is a multinational automotive and clean energy company aimed at helping the world transition to sustainable energy. Although Tesla is mainly known for its cars, the company has developed a number of battery and vehicle technologies as well.
|Established Date||1 July 2003, San Carlos, California, United States|
|Best product/service||Autonomous car, battery technology, auto drive software|
|Market Domination||USA, EU & China|
|Presence in continents||USA, EU & China|
|Growth opportunity in terms of the continent||All over the world it can spread its business and other co.’s can also leverage its technologies|
|New age technology involvement||EV|
Now you might ask, “is it safe to buy tesla stocks?” The future really looks bright for tesla. But, the tesla stock history shows a very high P/E ratio (around 70). So, if you are looking for years or decades down the road, then buying tesla stocks would be a safe investment option for you.
With over 11,000 products produced, TSMC (Taiwan Semiconductor Manufacturing Company) is one of the largest tech companies in the world. The company is listed on the New York and Taiwan stock exchanges.
|Established Date||21 February 1987, Taiwan|
|Market Domination||All over the world has market share of more than 55%|
|Presence in continents||All over the world|
|Growth opportunity in terms of the continent||As demand for electronic products is increasing across the sector so demand will increase|
|New age technology involvement||Chipset|
With a good growth score of ‘A’, tsmc stock predictions are quite high and it can outperform the stock market. After analyzing the recent price changes, and earning estimate revisions, I think it would be safe to say that TSMC would be a great stock to buy now.
Netflix is a subscription-based video streaming platform that allows you to watch your favorite TV shows or movies on your Smartphone or Pc. Netflix was one of the first to realize the potential of video streaming technology, and within just 13 years they have grown from 1.36 billion to over 26 billion.
|Established Date||29 August 1997, Scotts Valley, California|
|Best product/service||Streaming service and production company|
|Market Domination||USA, EU mostly in online entertainment|
|Presence in continents||Apart from china, Crimea, north America available most part of the world|
|Growth opportunity in terms of continents||As the entertainment industry is growing so expected that it will also grow|
|New age technology involvement||In terms of handling core engineering its working along with offering superior content|
It’s clear that the streaming industry is becoming increasingly competitive, and Netflix is also working to reshape its strategy to spur growth. Experts believe that the stock price of Netflix will grow in the future. Thus, I think it is safe to buy Netflix stocks now.
Coinbase is a cryptocurrency exchange and one of the most trusted crypto investment apps in the market. It was first established in May 2012, since then it has grown a lot, and today it is one of the largest crypto trading platforms with over 73 million customers and over $300 billion in crypto exchanges every quarter.
|Established Date:||May 2012|
|Best product/service:||Platform to buy and sell crypto|
|Market Domination:||leading exchange in crypto with 6% market share|
|Presence in continents||In most strong economies it marked its presence but not in China|
|Growth opportunity in terms of continent||crypto adoption will lead its usage too|
|New age technology involvement||Web3|
When it comes to crypto exchanges Coinbase is the leader. The recent geo-political situations have caused Coinbase’s share to fall a bit, but that does not mean that the coinbase stock future is in trouble, and if you want to go for a long-term investment, then I think you should buy coinbase stocks, it would be a decent choice for you.
If you want to invest in tech stocks, you can do it easily from your brokerage account. Now, if you are new to the stock investment market and don’t know much about brokers, you can check out our list of the best stock brokers.
Also if you are interested to know how to earn money online, or how to grow money, and looking for investment ideas, then this article may be helpful for you.
The risk involved with investing in individual stocks is quite high, so it is mandatory to thoroughly research the company you wish to invest in.
Some frequently asked questions:
- Why did meta stock drop?
Previously Meta was facing some strong competition from TickTock and additionally, the company’s Metaverse-oriented project has lost nearly $9.4 billion this year, causing the meta stock price to drop.
- how to buy stock in meta?
There are two options available, you can either invest in mutual funds that invest in meta etf stocks, or you can directly buy meta platforms stocks from your broker.
- Why is apple stock down?
It’s been a hard year for the stock market, Apple stocks like most of the leading tech stocks got hit hard by the massive downturn in customer demand.
- How much will apple stock be worth in 10 years?
Recent apple stock forecasts made by experts show that the price of apple stock may go up to $439 by the end of the year 2032.
- How many times has apple stock split?
There were five apple stock splits, in 1987, 2000, 2005, 2014, and 2020.
- How much was Amazon stock in 1998?
On December 31st, 1998 the closing price of Amazon stock was $2.68.
- How much stock does Jeff Bezos own in amazon?
Jeff Bezos being the largest shareholder of the company holds 13% of the shares outstanding.
- When is the amazon stock split 2022?
After being announced in March, Amazon’s 20-for-1 stock split went into effect on June 6, 2022.
- How to buy stock in amazon?
You can buy Amazon stocks simply from your brokerage account.
- when does google stock split?
The last google stock split happened in 2022. GOOGL, GOOG, and GOOG shares were split 20-for-one by Alphabet in mid-July 2022.
- How to buy google stock?
Buying Google stocks is easy, you just have to open a brokerage account, and you can buy google stock from there.
- How much was google stock when it first came out?
The google stock price history says that in 1998 the price of Google shares was $85 per share.
- what happens to fitbit stock if google buys it
Fitbit stock will now automatically convert to cash since it is no longer tradeable. As a result, Fitbit stock will no longer be available in your brokerage account. The cash can be used to purchase Google stock if you wish.
- What will uber stock be worth in 10 years?
There is a forecast that Uber tokenized stock will be worth $919.96 in 2031.
- Does Uber pay dividends?
No, Uber currently does not pay any dividends.
- How many times has microsoft stock split?
Till now, Microsoft has gone through nine stock splits.
- What will microsoft stock be worth in 10 years?
Experts believe that Microsoft stock will reach $810 by the end of the year 2030.
- When will microsoft stock split?
It has not yet been announced, but experts believe that Microsoft will split its stock soon.
- How much Microsoft stock does bill gates own?
Bill Gates holds $28.6 billion worth of stock which is around 1% of the company.
- How much was Microsoft stock in 1986?
Microsoft stock history shows that in 1986 Microsoft stock was around $28 per share.
- When will tesla stock split?
Tesla stock split 2022 (3-for-1) happened on Aug 25, 2022.
- How much will tesla stock be worth in 10 years?
Tesla stock predictions made by experts claim that Tesla stock may go over $3,000 by the end of the year 2030.
- How many times has tesla stock split?
There are two tesla stock splits, the first one in 2020 and the second one happened in 2022.
- Why is tesla stock down?
The experts believe that the main culprit behind tesla stock drop is high inflation and rapidly growing logistical challenges.
- Why is Netflix stock down?
Inflating prices, consumers reducing discretionary spending, and increased competition have all caused the netflix stock crash.
- How many times has Netflix stock split?
Netflix stock has been split twice, 1st time in 2004 and the second Netflix stock split happened in 2015.
- What is the prediction for Netflix stock?
Netflix stock predictions made by 35 analysts claim that it can go upto $305 within a year.
- How to buy Coinbase stock?
You just have to open an online brokerage account, there you will get the option to buy Coinbase stock.
- When can I buy coinbase stock?
You can buy coinbase stocks anytime you want to.
Disclaimer: I am not a certified financial adviser and this is not financial advice. The purpose of this article is to inform you about financial products and strategies. Consult your financial advisor before making any financial decisions.
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