Technology has advanced so rapidly over the past decade, we’ve almost already forgotten how we lived our lives before. With this rate of growth, it naturally has become a make-or-break factor for investors. A number of visionary people earned seven figures by making the right moves, while others got some disappointments during the last few months of 2018.
One theory out there sides with the idea that the Internet era has run its course and it’s bound to slow down at this point; but with the improvements we’ve witnessed especially in VR and AI technologies, that seems highly doubtful. Of course, it’s important to gain some valuable insight into the changing needs of the industry first. And for this purpose, you can keep a close watch on the stock market, or receive help from a strategic tech investor.
For those who take the right steps, the next decade to come is likely to prove very fruitful, starting from right now.
In our list, we’ll be featuring some of the major players in the tech stocks scene to give you a general idea of what to expect.
Not a surprising name to see on this list; Amazon has not only improved its technologies and entered new markets, but it’s also stepping into the field of robotics. Besides, it is expected to be a major beneficiary of the AI-powered voice recognition trend that seems to gain some considerable momentum nowadays.
Ranking high in almost every technological advancement so far, Microsoft is another big name that will surely keep setting some future trends. Its stocks enjoy the support of some raw computing power, large data sets and the strong Azure cloud-management platform that currently marks Microsoft as the leading AI company in the public cloud space.
Upon achieving great success in 2016, Nvidia’s shares saw some ups and downs throughout a three-year period. Recently though, it paints a very promising picture for the long term, especially with its endeavors in the fields of AI, gaming and autonomous vehicles.
Even though it’s essentially smaller than Facebook, Twitter surprisingly boasts a higher level of user engagement, thus presenting a great opportunity to investors. The company recently introduced new company policies and put an end to millions of fake accounts, which translates into remarkable growth in revenues and profits.
Adobe is already deemed the leading provider of creative software, holding on to its position as one of the best large-cap growth stocks out there. In addition to its set of software like Photoshop, Illustrator, InDesign, and Premiere, it also provides business owners with Experience Cloud, an impressive business-building application that is likely to keep generating significant amounts of revenue.
With the ambition of tech companies to gather huge amounts of data — and to be able to turn it into actionable information — ‘big data companies’ have gained more and more recognition in the market. Splunk is unquestionably one of the leaders in this category, producing software for searching, monitoring and analyzing machine-generated big data. Plus, it’s widening its market to cater to the fields of cybersecurity, Internet of Things and IT operations. At this rate, the revenues and earnings per share of the Splunk stocks are anticipated to constantly increase over the coming years.
Even after going through some hard times, particularly with the struggle that big names like Alphabet and Facebook had to endure, the tech sector is still one of your best bets as an investor. It’s surely a versatile industry that can surprise its followers with an unforeseen piece of news on any given day, but that’s precisely the reason why it offers an endless growth opportunity. It covers a great range of areas, including social media, video games, computers, mobile phones, cloud computing, online commerce, and ad tech; so it looks like no matter what the future holds, the value this sector creates for its investors will be here to stay.