It’s also up nearly 36% in the trailing year.Īgain, following in line with the theme, analysts peg ISRG as a strong buy. Unsurprisingly, ISRG gained 22% of its equity value since the January opener. Thanks to its da Vinci surgical system, medical doctors can perform complex operations accurately while yielding minimal recuperation period in hospital for patients, thus reducing costs and burdens across the board. Intuitive Surgical (ISRG)Īn exceptionally enticing idea for strong buy tech stocks, Intuitive Surgical (NASDAQ: ISRG) specializes in minimally invasive care. However, Mastercard is relevant and enjoys robust and consistent profitability. In contrast, the credit services sector runs a median multiple of 8.86. Right now, shares trade at a forward multiple of 32.59. In addition, the high side target comes in at $526, implying over 32% growth.Īs with the other ideas, if you want to load up on tech stocks at a discount, Mastercard isn’t the best idea. Further, their average price target clocks in at $461.44, implying over 16% upside potential. Per TipRanks, Mastercard presently carries a unanimous strong buy view among 19 analysts. On a fundamental note, Mastercard may see a cynical upside as more people turn to plastic to make ends meet.Īnother reason to peg MA as one of the strong buy tech stocks centers on its universal appeal among the expert class. Regarding the theme of the hour, the company has invested heavily in its payment technology solutions and customer experiences. While technically not one of the pure-play ideas among the best tech stocks to buy now, financial services firm Mastercard (NYSE: MA) deserves consideration. Again, it’s a solid idea for the long haul. However, the company still represents a growth machine with a three-year sales expansion rate of 21.9%. Right now, shares trade for 82X forward earnings. If you want to load up on tech stocks on the cheap, AMZN isn’t it. Interestingly, the high-side price target stands at $204, implying nearly 55% growth. Overall, their average price target lands at $152.52, implying nearly 16% upside potential. Rather, it’s a unanimous strong buy based on 29 analysts. Indeed, AMZN isn’t just a run-of-the-mill strong buy tech stocks. Unsurprisingly, Wall Street analysts agree with this overall assumption. By being an integral component of the ground floor of the consumer economy, Amazon isn’t going anywhere but up on a long-term basis. From there, it launched into myriad other innovations such as cloud computing. It pretty much pioneered the online marketplace industry. Amazon (AMZN)Įasily one of the most well-known strong buy tech stocks, Amazon (NASDAQ: AMZN) first inked its name into the cultural lexicon through its e-commerce business. It’s also consistently profitable, warranting consideration for one of the top tech stocks. Still, Alphabet enjoys a three-year revenue growth rate (per-share basis) of 22.9%. That’s a bit higher than the sector median of 22.71x. For instance, shares trade hands at a forward earnings multiple of 23.2. On a financial note, GOOG doesn’t offer the greatest discount. Further, the experts’ average price target lands at $142.63, implying a bit over 8% upside potential. For example, Google currently owns 92% of the global search engine market.Īccording to information provided by TipRanks, analysts presently peg GOOG as a strong buy – well, that’s the point of this story, right? This assessment breaks down as six buys, two holds and zero sells. However, the company deserves respect because its Google ecosystem likely isn’t going anywhere. After all, other enterprises have made significant gains in areas such as AI. With the Federal Reserve dealing with a difficult economic framework of seeking disinflation in a hot labor market, risk-on enterprises may have a short shelf life, especially if interest rates continue to rise. On that note, below are the best tech stocks to buy now, according to the experts.Ī powerhouse among strong buy tech stocks, Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) might appear to have lost some of its thunder. On the flip side, if you want dramatic, life-changing returns, predictability will often go out the window.Īt the same time, analyst-supported ideas may offer a more sensible approach. If you want the predictability of top tech stocks, you’re going to sacrifice upside potential. Like anything in life, it’s give or take. To be fair, if you’re looking to load up on tech stocks, going with the heavily endorsed ideas might not give you a bargain rate. By definition, these enterprises represent publicly traded technology firms that enjoy a strong buy consensus view – or the equivalent. With the digital innovation space kicking into high gear with advancements such as artificial intelligence, it might pay off to consider strong buy tech stocks.
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