Best Stocks To Buy Today? 4 Consumer Tech Stocks To Watch

Should Investors Have These Top Consumer Tech Stocks In Their Portfolios Now?

With the strength of the tech industry on full display this week, the biggest consumer tech stocks continue to shine. For one thing, this section of the stock market today would see an uptick in demand for their services. This could be because of persisting consumer spending trends and new tech upgrade cycles in general. When you consider all this is happening in the backdrop of resurging coronavirus cases, it makes sense. Consumers in certain parts of the globe remain homebound as new variants of concern continue to spread. This would see said consumers turning to some of the biggest names in tech for a variety of reasons now.

For instance, we could look at the likes of Visa Inc. (NYSE: V). The fintech giant plays a crucial role in facilitating contactless payments across the globe.

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6 AI Stocks to Watch for Rapid Growth

First it was mainframe computers, then personal computers (PCs), then smartphones. Technology comes in waves and the dawning of artificial intelligence (AI) and AI stocks has captured the imagination of investors.  

And well it should. 

AI is transformative not just for the investment landscape, but it will change how we live and work. As demand for this technology grows, it seems likely that so too will interest in AI stocks.  

There will be winners and losers to be sure, but overall many more winners.  

Some companies will benefit from the development of AI, such as chipmakers and software developers. But many, many more companies will become winners because of easy, economical access to AI – or high performance computing (HPC) or machine learning (ML), take your pick – that will make them better, faster and more profitable. 

While some AI developers like semiconductor or software companies are easy to spot

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8 Top Tech Penny Stocks to Watch in July 2021

8 Tech Penny Stocks For Your July Watchlist 

Penny stocks have remained some of the hottest stocks to invest in in 2021. Within this category, however, tech stocks are incredibly popular. There are a few good reasons for this. 

For one, during the pandemic, many tech companies quickly began investing in products and solutions to aid in the massive stay-at-home orders. And now, a year or so later, these have become commonplace, regardless of the trajectory of Covid-19. 

The second reason that so many investors love tech penny stocks is the consistent innovation. Because these companies have to continue reinventing existing products and pushing new ones, we often see constant price shifts when announcements are made. This results in large momentum, which, albeit, can move in both directions. 

[Read More] Why Biotech & Penny Stocks Have The Attention Of Retail Traders In 2021

Lastly, the long-term future for many tech

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The Top 7 Tech Penny Stocks to Add to Your Watch List

Penny stocks (those trading under $5 per share) are always interesting. Investors will always be attracted to the idea of picking up twenty or more shares for under $100. The risk is attractive because the idea of finding a hidden gem that can multiply in value overnight has mass appeal.

Tech stocks on the other hand, swing in and out of fashion. It’s no secret that the sector has had a rough go of it in the last few months. After tech stocks ran way up in 2020, investors decided to take some profits off the table in 2021. 

That action cooled prices, creating a swing in the other direction. That means there’s now a reasonable argument that there are more deals to be had in tech stocks than there was six months ago. 

Investors who scour the internet should find that the confluence of penny stocks and tech stocks

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