by Analytics Insight
January 21, 2022
This article features the top five best tech stocks to buy and invest on January 21, 2022
The technology sector is composed of businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other industries related to information technology (IT). Tech stocks are ruling the stock market over the past decade. A massive sell-off in the tech sector has made many strong businesses much more affordable. Tech stocks are often a leading indicator for the economy and the stock market. Here are the five best tech stocks to buy on January 21, 2022.
Analytics Insight provides a list of the 5 best technology stocks, according to Yahoo Finance.
Coinbase Global, Inc.
Current Price: US$221.62
Market Capital: US$58.042 billion
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy. It offers the primary financial account in the crypto economy for retail users; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment.
NVIDIA Corporation
Current Price: US$241.50
Market Capital: US$601.818 billion
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, Graphics and Compute & Networking. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game-streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise design; GRID software for cloud-based visual and virtual computing; and automotive platforms for infotainment systems.
Bill.com Holdings, Inc.
Current Price: US$169.61
Market Capital: US$17.394 billion
Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial operations for small and midsize businesses worldwide. It offers an artificial intelligence-enabled financial software platform that creates seamless connections among users, suppliers, and clients.
RingCentral, Inc.
Current Price: US$169.15
Market Capital: US$15.806 billion
RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. Its products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers omnichannel.
Daqo New Energy Corp.
Current Price: US$43.37
Market Capital: US$3.188 billion
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China. The photovoltaic product manufacturers further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. It offers ready-to-use polysilicon and is packaged to meet crucible stacking, pulling, and solidification products. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp.
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