Everyone wants to know which tech stocks will give them the best return on their investment. With so many promising new companies, it can be hard to narrow down your choices and find a company that stands out above all of the others.
That’s where we come in! We’ve compiled a list of our favorite tech stocks for investors who want to get in on this booming industry before it hits its peak.
As you’ll see below, we’re confident that these investments will provide some great returns over the next decade or so. As technology continues to shape nearly every aspect of our lives and society as a whole, we hope to all get rich.
Why Invest in Tech Stocks For 2021?
The COVID-19 pandemic has changed the world.
All of our lives are completely different now and a lot of that has to do with how we use technology. Many industries had to adapt and implement new ways of doing business, often online.
In a world where transportation, energy, medicine, and communication are changing so rapidly due to technological advances and the development of new types of machines like AI-enhanced robots, it’s no surprise that investors are eager to jump in on these tech industry phenomenons for some high returns.
Many investors are already aware of how popular Apple is and how their iPhones have changed the way people communicate. What you might not know, though, is that AAPL stock has been doing well recently, going up around 80% in 2020.
Over the past couple of decades, Apple has maintained a 5-star rating on this stock and it looks like that trend will continue moving forward. AAPL stock might be expensive right now, but they split their stock a few months ago, making AAPL more affordable.
With so many people quitting their 9-5 jobs for more creative careers, it’s no wonder Adobe expects to hit revenues of $15.2 billion by the end of 2021.
What is Adobe, you might ask? That’s a good question. Adobe is a software company that specializes in creating amazing design tools for artists and marketers. They have some of the best programs on the market right now.
Photoshop, Illustrator, and Premiere Pro are some of the best programs on the market for artists looking to get ahead in this digital age.
A surprising name this year, Cloudflare is an internet security company that’s growing at an astonishing rate right now. The Cloudflare platform has been adopted by some of the biggest websites on the internet, including OkCupid, NASDAQ: AMZN, Twitter, and Imgur.com. This service is so effective because it protects people browsing these sites from DDoS attacks and other malware.
It’s not just a VPN, it also offers speed optimization, security via web application firewall, network protection using data leak prevention, and even CDN to boost website performance! It’s easy to see why fund sponsorship has tripled over the past year!
With more and more businesses shifting their infrastructure to the internet, you can expect Cloudflare to continue growing for years to come.
Back in 2020, scientists and economists confirmed that solar energy is now the cheapest electricity in history. This will make solar energy one of the most popular forms of energy in the world in less than 10 years.
SolarCity is a solar provider and energy storage company. They offer services to homeowners, businesses, government organizations, and other institutions. Entrepreneur Elon Musk and his cousins Lyndon and Peter Rive created it in 2006.
While its initial growth was slow, SCTY stock has grown by more than 1000% over the past few years and that trend looks to continue. The company just recently went through a huge 2-for-1 stock split, making each share worth twice as much.
Netflix is an American entertainment company specializing in on-demand television media available to viewers worldwide. It was founded in 1997 and headquartered in Los Gatos, California.
Netflix deals with a variety of different content from all around the world, making it an international sensation. Netflix has gone up by more than 100% over the past year and is showing some great potential for growth in the future.
Netflix also offers its own original shows such as House of Cards, Stranger Things, and Narcos. Original content is good for stockholders because it means they have less dependence on third-party studios.
Paypal Holding (PYPL)
PayPal Holdings, Inc. is a digital payments company that offers online money transfers. It’s one of the most popular forms of money transfers in the world today with its headquarters located in San Jose, California.
With the recent cryptocurrency integrations they announced, PayPal is giving its investors a lot of reason to be excited about the future. It has gone up more than 25% so far this year due to this announcement. That number looks like it will continue to rise as cryptocurrency becomes even more popular and used by merchants worldwide.
In addition, PayPal recently announced they’re investing billions of dollars into an Indian start-up called Flipkart. They are a major retailer that is expected to exceed 500 million registered users by 2022. Not only is this a great way to diversify their company and establish themselves in Asia, but it also gives them some exclusive rights to use PayPal as an online payment method in India!
As you can see, tech stocks are the best way to invest right now if you want to make a lot of money! Humanity is relying on tech more and more, making it that much more valuable. Not only that, but the future is looking pretty bright for tech as well.
Compared to industries like oil, manufacturing, and retail, technology isn’t endangered by any environmental or economic risks. This means tech stocks should always remain a viable and profitable investment option for the future, making them an essential asset for multi-generational wealth.