When it comes to “growth” and “value,” the definition has fundamentally changed. The dividends of two of these three companies have grown steadily for nearly two decades now. By 2022, the global information technology market is expected to be worth over $5.3 trillion, with a compound annual growth rate of around 6%. It is widely believed that robotics, artificial intelligence, and the Internet of Things (IoT) will drive this expansion.
Here is Insider Monkey’s list of the 10 safe tech stocks to consider for retirement. When it comes to cloud computing, Oracle Corporation has made a name for itself. Cerner, a healthcare software company, was recently purchased by the company. Shrewd investors will find that the stock offers a good mix of growth and value. In the semiconductor industry, Micron Technology is a leader. The use of electronic devices is expected to rise over the next few years, which will benefit the company. As virtual workplaces become more common, Adobe Inc. stands to benefit. Analysts expect the company to play a key role in the development of the “metaverse,” as well as a growing cloud business. 6.4 million shares of Fisher Asset Management, valued at $3.7 billion, are owned by Ken Fisher’s Fisher Asset Management. A new video game division of Sea Limited has been formed. One of the world’s largest tech companies has significant investments in digital entertainment, e-commerce, and financial technology. Hedge funds owned a $14.1 billion stake in Sea Limited at the end of the third quarter of 2021. As a result, Salesforce.com, Inc. has become one of the world’s leading software companies. Hedge fund interest in the stock is also in line with the positive sentiment expressed by analysts. Investor Fisher Asset Management has 13.9 million shares worth over $3.7 billion, making it the largest shareholder. For more details, click 10 Safe Tech Stocks To Consider For Retirement.
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