Top Tech Company Shares To Buy Now
2021 has presented quite a different climate when it comes to investing in tech stocks. Last year, despite the global conditions, investing in tech stock was deemed smooth sailing. The tech sector’s reach is vast, with most business, private or public, utilising some form or multiple forms of it. Goods and services, information technology, computers, software and a barrage of others account for the tech sector. Is it any wonder then that companies like Amazon and Microsoft make up for some of the biggest market capitalisations? The growth of the tech sector is not only constant, but it’s ability to infiltrate new markets and industries is quite uncanny. Global fast-food chain McDonald’s provides a prime example of this kind of ingenuity as the company has utilised technology to improve the customer experience while upping profits. The company has digitised everything from its menus to the way that customers interact with it and get their meals – something made possibly by its acquisition of Dynamic Yield, a digital customer experience tech company. With all this in mind, which are the top tech stocks that you should be investing in?
Aspen Technology Inc.
Aspen Technology creates software designed meet the demands of sophisticated manufacturing environments. Aspen’s software caters directly to the customer and enables them to improve features around maintenance, design and operation. With over 2,300 customers around the world, the company has great ambitions and is currently developing AI solutions to roll out to various industrial sectors such as oil, gas, chemical and engineering companies. The aim is to provide these companies with the means to improve and meet safety standards and expedite operational procedures.
Intel’s reach across the IT sector is extensive to say the least. The company designs and makes all manner of computer components including server products, chipsets, processors, storage devices and memory. Intel offers a portfolio of products catering to traditional and upcoming computing tech including the likes of AI, 5G networks and cloud computing. The company’s global reach is personified by its global workforce which equates of a total of 110, 600 employees.
Online banking and its associated technologies is getting closer and closer to the user and the provider and Square Inc. epitomises this type of technology. As a financial services and online payments company, Square provides both hardware and software solutions for point-of-sale and credit and debit card transactions. In addition to this, the company offers individual users a Cash App that facilities access to a host of financial services while also enabling the sending and receiving of money with ease. This app is not a far cry from the one used by day traders and online traders. Using spread betting as a result of this app has allowed many users to become acquainted with a specialised financial sector. By the time 2020 had come to an end, Square boasted more than 210 million buyer profiles.
With self-driving cars becoming more prominent thanks to the likes of captains of industry like Elon Musk, startups and other companies are taking note of this type of technology and its eventual implications. With more than 8,300 employees around the world in 150 locations, Vontier is firmly focused on smart transportation and mobility. This international industrial entity specialises in fleet management, vehicle diagnostics and maintenance, commercial and retail fuelling and mobility technologies.