If you’re looking to branch out into the technology stocks sector and makes some serious cash this year, here are 6 of the best stocks to invest in, right now!
There’s never been a more exciting time to be a player in the stock market. And no sector is showing faster growth than technology stocks.
If you’ve been considering investing for the first time, or even if you’re a veteran of the market, tech stocks should be at the top of your list. But what are the best tech stocks to watch?
Let’s take a look at some of the best stocks you should be investing in right now.
- Amazon (AMZN)
Amazon remains one of the most dominant companies in tech. Though the market has experienced some volatility early in the year, it’s hard to deny that Amazon is still one of the best stocks for 2019.
The company is adding HQ locations, which will result in 50,000 high-level jobs. In addition to rapid expansion and massive earnings thanks to Amazon Web Services, profit margins soared late in the last quarter.
- Apple (AAPL)
Apple experienced a 20% slide at the end of the year, mostly due to the government trade war with China. And yet in spite of this, Apple is in the enviable position of having over $237 billion in cash and remains one of the most valuable brands on the planet.
- Alibaba Group Holding (BABA)
Alibaba is another tech company that took a hit because of trade war, and also due to China’s slowing economy. And yet Alibaba is growing at an even faster rate than Amazon did when it was the same size.
So if you’re a new investor looking for a stock with explosive potential, BABA is one to take a look at in 2019.
Here is another resource for checking on the best tech stocks around.
- PayPal (PYPL)
PayPal is uniquely positioned to tap into the global shift to digital commerce, thanks to its impressive asset base. For starters, PayPal offers a massive scale. Plus the company boasts a two-sided model with both merchant and consumer sides.
- Microsoft (MSFT)
When considering which tech stocks to invest in, it’s still hard to beat Microsoft. They’ve quietly become a dominant player in public cloud space, allowing their customers to leverage AI and ML capabilities onsite, something the competition can’t yet offer.
Microsoft stock might not seem as sexy as some of the newer players on the scene, yet it’s hard to deny its continued dominance. And all evidence seems to point to continued growth and dominance for the foreseeable future.
- Facebook (FB)
2018 was a tough year for Facebook. They got pummeled by bad press, and yet its continued growth makes the company seem nearly bulletproof. Analysts expect revenues to double, so investors would be wise to buy in sooner rather than later.
Facebook’s massive earnings and accelerated growth are too great to ignore. Recent controversies aside, they’ve made some interesting moves of late that make this a stock a solid addition to your portfolio.
The Top Technology Stocks You Should Be Investing In
Technology stocks are hotter now than ever before. No matter what your current portfolio looks like, it’s not complete without tech. This list obviously contains familiar names, but they also remain the best tech stocks you should be investing in.