Best Technology Stocks To Buy For The Long Term
Top Technology Stocks
Technology is one of the most attractive sectors of the stock market. They’re a favorite of growth-oriented investors and risk-takers alike. Technology stocks have gained investor favor over time, leading to the sector now commanding 27% of the U.S. stock market benchmark S&P 500 Index in 2023 (compared to 11% a decade ago). However, these stocks also represent a high-volatility segment of the market.
When sifting through the myriad of technology stocks that the stock market has to offer, you need to have some parameters to help filter down the list. Here’s a list of my top technology stocks filtered using these parameters (and why):
- Large-cap stocks: safe, having stood the test of time
- Trading on the Nasdaq with a volume of over 1 million: investor interest and ease of trading
- Short float of less than 10%: do not have a pessimistic market sentiment
- Trading below-average