【What is a technology stock?】 The Magnificent 7 Stocks!
What is a technology stock?
Technology stocks refer to those technology companies with a high content of technology. These companies have a wide range of industries, including semiconductor design and manufacturing, electric vehicles, new energy, fintech, e-commerce, cloud technology, mobile phones, computers, servers, and online streaming video. While our lives are inseparable from technology, technology plays an important role in this generation.
What are the attractions of technology stocks?
The emergence of technology has made life easier for people, but the wide field of technology, coupled with constantly evolving technological innovations, shows the potential of the technology industry. For example, AI, which has emerged in recent years, has developed rapidly, and the technology is maturing and gradually becoming applicable to and benefiting industries. It is expected that the future will bring a bright light and opportunity for technology stocks.
As technology stocks still have plenty of room to develop, the volatility is likely to be higher than in relatively mature industries such as utilities and essential goods. But as long as investors are willing to take the risk of volatility, there are actually some of the brighter performing companies on the market that are worth investing in, and the potential returns can be high.
Tech stocks are on fire again! S&P has broken its 44th peak this year and the company is up more than 160% over the year
As a result, technology stocks are one of the most researched industries in the stock market. Before investing, learn more about tech stocks, including financial fundamentals, product catalysts, and how to value tech stocks. If you do your homework, you can discover technology companies that have good opportunities.
What are the seven giants of US stocks?
The “Seven Giants of US Stocks” was created by a US bank analyst. He has been named the “Magnificent 7” for seven companies with healthy balance sheets and stable, sustained profits based on their market leadership, technology impact, and changes in consumer behavior and economic trends.
What are the 7 giants?
The “seven giants” are Alphabet (GOOGL; GOOG), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), NVIDIA (NVDA), and Tesla (TSLA), which are primarily focused on the growth trends of artificial intelligence, cloud computing, online gaming, and software and hardware technologies, and their markets The total value is up to $11.5 trillion.
References:https://www.investopedia.com/magnificent-seven-stocks-8402262
Tech Stocks 1: Alphabet (GOOGL; GOOG)
MARKET CAPITALIZATION: $1.91 TRILLION
Industry: Software and Information Technology Services
Main Business: Digital Advertising
Prediction of results:GOOG Results Announcement and Forecast - Expert Analysis* Data as of January 30, 2024
Tech Stock 2: Amazon Amazon (AMZN)
MARKET CAPITALIZATION: $1.67 TRILLION
Industry: Diversified Retail
Main Business: Manufacture and sale of electronic equipment, development and production of media content
Prediction of results:AMZN Results Announcement and Forecast - Expert Analysis* Data as of January 30, 2024
Tech Stocks 3: Apple Apple (AAPL)
MARKET CAPITALIZATION: $2.96 TRILLION
Industry: Computers, telephones and home appliances
MAIN BUSINESS: DESIGN, MANUFACTURE AND SALE OF SMARTPHONES, PCS, TABLETS, WEARABLES AND ACCESSORIES, SELLING A RANGE OF RELATED SERVICES
Prediction of results: AAPL Results Announcement and Forecast -Expert Analysis* Data as of January 30, 2024
Tech Stock 4: Meta Platforms (META)
MARKET CAPITALIZATION: $1.03 TRILLION
Industry: Software and Information Technology Services
Main Business: Developing technologies for connecting with people, finding communities, and developing businesses
Prediction of results:META RESULTS ANNOUNCEMENT AND FORECAST -Expert Analysis* Data as of January 30, 2024
Tech Stocks 5: Microsoft Microsoft (MSFT)
MARKET CAPITALIZATION: $3.05 TRILLION
Industry: Software and Information Technology Services
MAIN BUSINESS: DEVELOPMENT AND SUPPORT OF SOFTWARE, SERVICES, EQUIPMENT AND SOLUTIONS
Prediction of results:MSFT Results Announcement and Forecast -Expert Analysis* Data as of January 30, 2024
Tech Stock 6: NVIDIA NVIDIA (NVDA)
MARKET CAPITALIZATION: $1.54 TRILLION
INDUSTRY: SEMICONDUCTOR AND SEMICONDUCTOR EQUIPMENT
Main business: GeForce GPU for networking, automotive artificial intelligence (AI) cockpit, autonomous driving development protocols and autonomous driving vehicles, robots, other embedded platforms, cryptocurrency mining processors (CMP), games, PCs (PCs), GeForce NOW game streaming services, related infrastructure, GAMING PLATFORMS, ENTERPRISE WORKSTATIONS, AUTOMOTIVE PLATFORMS, ETC. PROVIDE SOLUTIONS FOR ACCELERATED COMPUTING
Prediction of results:NVIDIA Results Announcements and Forecasts - Expert Analysis* Data as of January 30, 2024
Tech Stock 7: Tesla (TSLA)
Market Cap: $608.07 billion
Industry: Automotive & Auto Parts
MAIN BUSINESS: DESIGNING, DEVELOPING, MANUFACTURING, SELLING AND LEASING ALL-ELECTRIC VEHICLES AND ENERGY GENERATION AND STORAGE SYSTEMS, AND PROVIDING SERVICES RELATED TO THEIR PRODUCTS
Results Announcement:Tesla Results Announcement - Expert Analysis
How to Buy Stocks
Before investing (buying and selling) US stocks, you first need to open a securities (stocks) account. Just like depositing money in a bank, you need to open a bank account first.
