Best tech stocks of the moment • Daily updates • Benzinga

The technology sector is made up of companies that operate in the semiconductor, artificial intelligence (AI), software, hardware, and other information technology-related industries. This sector includes some of the most well-known and largest companies in the world, such as Microsoft, Google, Amazon and Nvidia.

Tech stocks, which are represented broadly by the Invesco S&P 500® Equal Weight Tech (RYT) ETF, fell along with the rest of the market as RYT offered investors a -18% return over the past few months. last 12 months. .

Here are the top tech stocks with the highest growth, highest value, highest momentum, and most searches on Google.

From 2007 to 2017, the tech industry grew from $65.2 billion to $263.6 billion. However, this phenomenal growth in the technology sector is not without its risks. Innovations constantly cause disruptions in the market. For example, in 2007 the introduction of the iPhone created many new businesses and ruined others. This has evolved the tech industry into what it is today.

This sector offers much more than strong large-cap stocks and household brands like Amazon. The technology sector niche includes companies of all sizes, including start-ups. You need to do your research to successfully invest in tech stocks.

A good online broker can make tech stock investing and trading more efficient and help you become more successful. Here are some great online brokers you should consider.

Here are the key features investors should look for before investing in tech stocks.

• Profitability: Arguably, the best way to determine whether you should buy a particular stock is to fully understand whether it can generate profits. Look at its profitability ratios to find out how it stacks up.
• Total Addressable Market (TAM): The Total Addressable Market (TAM) reveals the maximum amount of money a company can make in a selected market, provided a company has 100% market share.
• Growth capacity: When a business is in the process of launching a new product, a new customer segment, or plans to sell an existing product to customers, you want to assess the potential growth capacity of the business.
• Income: Look at a company’s operating and non-operating revenue and what technology companies earn from their core business (operating revenue) and one-time business activities (non-operating revenue). You’ll need to consider both carefully before pulling the trigger on a tech action.

When reviewing a technology company, you should pause when you encounter certain issues. These issues might not stop you from buying, but you should know how some tech startups, AI companies, semiconductor companies, and more work. If you can’t find good information, you might want to move on. Remember that the stock price is only one step in reading what is happening on Wall Street. The rest is buried in these small details:

When you invest in a company, it should offer products that you can see people or companies using. Sure, a chatbot or a new style of wearable is cool, but do they have the potential to capture market share?

Where does the money come from? Great tech companies don’t need endless investment, but a new software company has developers and venture capitalists to satisfy. If the business is not performing well, it could run out of funding. Would it still be a good investment if it’s late and over budget?

The supply chain touches everyone, from semiconductor companies to cloud computing companies and everyone in between. Venture capital investment can finance supplies, but if those supplies never arrive, what happens next? The parent company might have to suspend its plans, the company might go bankrupt or, in the worst case, be delisted. So if cars run out of semiconductors or spare parts, your favorite tech companies could be in trouble too.

The technology sector may attract you with its stability and growth potential. Investigate the potential of tech stocks to expose yourself to lucrative returns.

To find other top-performing stocks, see below: