Top 10 Tech Stocks To Watch in 2021
From work at home technology to e-commerce stocks, the technology sector has been hotter than ever this year. The online trend, as well as a move to cashless payment systems will mean another year of growth for this sector in 2021.
Tech encompasses a large variety of companies and we have selected the top 10 tech stocks to watch in 2021. These picks are selected from top picks from trusted experts on Marketcall. The following stocks cover everything from e-commerce, AI, software, social media as well as chips and cloud based services.
Here are the top 10 tech stocks to watch in 2021:
Excellent business with very strong margins.Dominant in search engine technology.A.I., product recovering quickly.Current share price a good place to buy.Expecting double digit growth.Free cash flow very high - lots reinvested into R&D.
He targets $71.87 or 45% lower. Pays no dividend. Saw a negative signal in the wider market last week.
Megatech offers investors resilence in a higher-for-longer interest rate environment. Not not-profitable tech or consumer discretionary. Energy is another sector that offers this confidence, but no other sectors.
It's such a large company, operating in so many verticals that there will always be a reason to worry about it, but he's held this stock forever and won't sell it. Nothing fundamental about it has changed. They continue to develop in many interesting areas. Not worried about its future.
The macro background of the countries they operate in are not that strong for the most part. They need to control their costs and price some of their lines better but should turn to profitability. Too expensive.
(A Top Pick Jan 12/23, Up 32%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with MSFT has triggered its stop at $315. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 29%, when combined with our previous recommendations.
12-month price target of $503. He's found that it's tradeable. Keep a core, but you can trim around the edges. You could also sell short-dated puts, as the volatility gives you pretty decent premiums. Will have lots of competition in 2024 from AMD, Intel, and minor players.
8.-Constellation Software Inc. (CSU-T)
It has done very well but is maybe overdone, so you could trim your position. It is well positioned in the tech sector but he prefers others with more attractive prices.
9.-StoneCo Ltd. (STNE-Q)
(A Top Pick May 14/21, Down 80%) Has been hit hard by tech selloff. Has sold shares in company. Serious business problems in Brazil (regulatory issues with accounting). Pandemic made things worse in Brazil.
10.-Alibaba Group Holding (BABA-N)
Likes it. BABA is relatively cheap at 10x, a discount to its historic average and a 40% discount to China's tech sector, despite the political risks. They hold 50% of market share and touches 70% of the Chinese population.