Technology is a large industry that includes sub-sectors such as software, computers, electronics, and artificial intelligence (AI). Analysts believe that the technology sector as a whole is on the mend. In this post, we’ll discuss some of the greatest and most affordable technology stocks on the market. These equities have the potential for long-term growth while also being insulated from short-term volatility. Visa and Microsoft are pricey brands that not everyone can afford. In April 2008, Visa Inc. was trading for less than $22. With excellent revenues in Q1 2021, the company is one of the best-performing tech firms. The payments company reported $5.7 billion in net revenue and GAAP earnings. Hundreds of stocks with solid business concepts and future development prospects are currently trading at reasonable prices. The stock of Hewlett Packard Enterprise Company is currently trading at $16. In the first quarter of 2021, Bank of America purchased 39.5 million shares of Hewlett Packard Enterprise.
Insider Monkey reviews the 10 most affordable tech stocks to invest in now. FireEye, Inc. just released its Q1 2021 financial results. The company reported $643 million in annualized recurring revenue in Q1 2020, a 9 percent increase over the previous quarter. FireEye is ranked 10th on the list of the best cheap tech stocks to buy right now. Amkor Technology, Inc. is a semiconductor packaging and testing outsourcing company. The IT company reported a 15% increase in revenue to $1.33 billion in the first quarter of 2021. Amkor is ranked 9th among the top affordable tech stocks to buy right now. SolarWinds Corporation is an information technology (IT) infrastructure management software company based in the United States with clients all over the world. The company just posted solid financial results for the first quarter of 2021, with total revenue increasing by 4% to $256.9 million. One of the best tech stocks to buy right now is SolarWinds. Hewlett Packard Enterprise Firm is a global technology company that provides solutions that enable clients to collect, analyze, and extract meaningful, actionable insights from data in a seamless manner. Hewlett Packard is ranked 7th on the list of the top cheap tech stocks to buy right now. The business has been awarded a $40 million Singapore dollar contract to build a new supercomputer for Singapore’s National Supercomputing Centre. Flex Ltd. provides equipment manufacturers in Asia, Europe, and the Americas with design, engineering, production, and supply chain solutions. With net sales of $6.3 billion for the fourth quarter and the fiscal year ended March 31, 2021, the corporation achieved good financial achievements. Flex Ltd. is ranked 6th among the top tech stocks to purchase right now. Read for more details in the article 10 Best Affordable Tech Stocks to Invest In Now.
Unsplash
