Throughout the history of the stock market, there have been many tech stocks that have taken off. Early investors and smart traders hedged their bets on new tech companies and bought and sold at the right time. Their forward-thinking attitude and tolerance for risk paid off big, sometimes in the form of millions or even billions of dollars.
For more than three decades, Silicon Valley veteran and top technology financial analyst Michael A. Robinson has been making his fortune on tech stocks. As a consultant, board member, and senior advisor for Silicon Valley venture capital firms, he has been at the forefront of many technological innovations.
Some of them include the $160 billion a year cloud computing industry as well as the development of the latest cyber military technologies. He was on the scene when Lee Iacocca and Roger Smith, CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry. As national security efforts focused on cybersecurity, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.
In addition to being in the center of the action of many tech innovations, Michael is currently the editor of Radical Technology Profits and Nova-X Report, two publications that focus on new and emerging technologies that will revolutionize the way we live. He also covers tech stocks on his website StrategicTechInvestor.com.
If you want to profit greatly from tech stocks like Michael A. Robinson has, you have to do your research. In the meantime, start with these seven revolutionary tech stocks that will help you diversify your investment portfolio and boost your profits.
1. Amazon (AMZN)
Amazon revolutionized the retail industry. They brought fast shipping and easy returns to customers, forcing other retailers to step up their game or go out of business. The site started with books and then branched out into many other industries including groceries and cloud computing. Along with creating original content like the highly popular “The Marvelous Mrs. Maisel” and “The Man in the High Castle,” they are also in the running to buy the movie theater chain Landmark Theaters. The e-commerce giant is now looking to venture into healthcare by buying Confer Health, a company that produces at-home health tests. Plus, Jeff Bezos, founder of Amazon, is the richest man in modern history. His net worth exceeds $150 billion.
Right now, Amazon shares are going for more than $1,500 a pop. Industry analysts expect that number to increase to more than $2,100 a share in 2019. If you want to purchase some revolutionary tech stocks, and you can afford Amazon, go for it now. It’s only going to continue its meteoric rise.
2. Microsoft (MSFT)
Microsoft, of course, was a leader in the world of personal computing. But there were some rough years when operating systems just weren’t working properly, and consumers were turning to Apple for their PC needs instead.
Now, with CEO Satya Nadella in place, Microsoft’s sales increased 12% year-over-year in the second quarter of 2018. One of the big factors of this growth was its revenue made from Microsoft Office 365, which has nearly 30 million subscribers. It also has a strong cloud computing segment called Azure, which has grown 15% year-over-year. Its current stock price is a little more than $100 per share, and it’s expected to jump up to $252 per share over the next five years. That makes it one of the worthy tech stocks you should look into.
3. Facebook (FB)
Facebook was a revolutionary for social networks. Currently, the stock is at just over $140 per share, and it’s expected to jump up 35% over the next 12 months.
This social media site is one of the best tech stocks out there for a few reasons. It’s done very well on mobile – 91% of its $13.04 billion in ad revenue during Q2 of 2018 came from mobile – and its mobile revenue is growing 50% year-over-year. The site is seeing more monthly active users, and CEO Mark Zuckberg is going to be exploring interactive virtual reality experiences for its users. The stock’s growth may be slow, but it’s also steady and reliable. It’s safe to say that it’s a solid investment in terms of tech stocks.
4. Alphabet Inc. (GOOGL)
A list of the most revolutionary tech stocks wouldn’t be complete without the dominant search engine giant Google, aka Alphabet Inc. At more than $1,000 per share, this is an expensive but wise investment for your portfolio, since the company is only going to continue to grow in the years ahead. The 12-month prediction estimates a growth of more than 35%, and investment analysts will tell you it’s a good stock to purchase.
Google not only makes money from search engine ads; it also brings in revenue from Google Home, self-driving cars, cloud, voice search, YouTube, Nest, Zagat, and a number of other products and services they own. Google’s revenue in the third quarter of 2018 was $33.6 billion, up from $32.5 billion in the previous quarter. If you want to be part of Google’s growth, consider adding them to your portfolio of tech stocks.
5. Nvidia Corporation (NVDA)
You may have heard of all the previous tech stocks, but not Nvidia. The stock price is currently more than $140 per share, and analysts predict it will jump more than 63% over the next 12 months. Why? In one year, from 2017 to 2018, they grew 145%, and that growth will continue in the future.
CEO Jensen Huang founded Nvidia, a global leader in producing graphics processing units for professional and gaming markets. The company’s technology is used in huge sectors like gaming, e-sports, AI, driverless vehicles, drones, virtual reality, and cryptocurrency. It’s at the center of many emerging industries that are expected to take off in the years ahead. In addition, it is the number one seller of graphics cards for the computer gaming sector, and all the big cloud-service providers and Internet companies are using Nvidia’s GPU-based deep learning processes. When investing in tech stocks, don’t forget to add GPU revolutionary Nvidia to your list.
6. PayPal (PYPL)
Global payment system, PayPal, is currently at more than $80 per share, and over the next 12 months, it’s going to increase by over 18%, according to industry analysts. The company, which broke off from eBay in 2015, has since been acquiring other valuable payment businesses like Venmo for peer-to-peer payments, TIO Networks for bill payment, and Xoom for cross-border money transfer. The peer-to-peer payments market alone is expected to reach $244 billion in 2022. Plus, there are sure signs of growth at PayPal. In Q1 of 2018, the site’s customer base increased 15% year-over-year, giving them a total of 237 million customers. In the third quarter of 2018, that grew to 254 million active accounts worldwide. In the future, as more people go online through mobile devices, mobile payments will only expand. PayPal has set itself up to be the number one provider of all types of mobile payments, which makes it one of the best tech stocks to invest in.
7. Micron Technology, Inc. (MU)
Micron Technology, Inc., which makes memory chips, has a share price of more than $33. It’s expected to increase by more than 77% over the next 12 months, according to predictions from industry analysts. The company’s revenues are also expected to grow at a rate of 6.35% per year.
Micron is the second-largest memory producer in the world, falling only behind Samsung Electronics. In a time when smartphone makers and automotive and networking computer hardware need more and more memory, Micron is there to supply them. If you want to invest in Micron, follow company news and earnings reports to see if they are able to beat out Samsung and capture a bigger share of the market. If they can, they will be one of the most valuable memory chip tech stocks on the market.
Staying on Top of Tech Stocks
These seven tech stocks are just some of best ones to invest in today. Tech is constantly changing and there are always emerging startups ready to revolutionize the world. If you want to read the latest news in tech stocks and hear advice on where to invest your money, make sure you subscribe to Nova-X Report. Michael A. Robinson will deliver all the information you need to make valuable investing moves and generate more profit in no time. Get started now.