Here Are My 3 Top Tech Stocks to Buy Right Now
The U.S. stock market has been exceptionally volatile since 2020, mainly due to the lasting impact of the COVID-19 pandemic, increasing economic uncertainties, and geopolitical tensions. However, despite the tumultuous economic environment, many technology stocks have posted eye-popping returns.
Increasing adoption of remote work, online shopping, cloud computing, and artificial intelligence (AI) technologies has played a major role in driving technology stocks. With investors keen on capitalizing on the digital transformation trend, here are my three top technology picks that are well suited to deliver solid long-term returns in the coming years.
Shares of technology giant (NASDAQ: MSFT) have surged by roughly 50% in the past year. In late January, the company posted impressive second-quarter fiscal 2024 results, with revenue and earnings surpassing analyst estimates.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 7.2% compared to the current price of 391.8 € for Microsoft Corp..