2018’s Critical Tech Stock to Watch
2017 was a
wonderful year for technology stocks, for cryptocurrency and other similar online
investments. In November, it was reported in the USA News that its first tech
picks for 2017 had crushed the market,
and this year seems to be going in a similar direction. With the stock
market hitting record-highs recently, there is no time like the present to
start investing.
Facebook
This tech
giant shines when it comes to capturing data by means of its online network of
millions of monthly active users, and this will be a factor in the company
continuing to flourish for many years to come. These days it is difficult for
any kind of business to survive without some sort of exposure on Facebook, and
this goes toward creating sustainability over the long-term. Growth across the
universe of Facebook shows no signs of slowing down.
Amazon
Look out
for Amazon continuing to make big gains in the upcoming year. As large as it
may be now, it can be said to be simply having laid its foundations over the
past two decades. The company has now got its tentacles in almost every area of
our lives, including the Web, smart home, media, and, now, grocery, and will
keep on giving us more of exactly what we want more quickly. This will continue
to be reflected in its stock price going forward and returns could be as big as
the jackpots that the online slots Canada have on offer.
Microsoft
As a cloud
computing growth engine with a more than reasonable valuation, Microsoft stands
out as a top tech stock to purchase in 2018. Its cloud platform, Azure, has been
doubling its revenue over the past few years, and is continuing to enjoy rapid
growth. It is a great time to buy Microsoft stock.
Snap, Inc.
Snap looks
likely to keep dominating over an ever-increasing audience, and it has recently
become a very appealing acquisition target for bigger companies. It is going to
be worth buying this stock this year just to see in which direction it is
headed in terms of acquisitions.
Tesla
Tesla does
not look likely to slow down any time in the foreseeable future. With the
arrival of its new electric semi-truck, and the fact that the Roadster has
returned, along with an increase in production of the Model 3, Tesla looks
likely to keep climbing. The Boring Company, belonging to Elon Musk, which is
currently testing the underground highway, will also assist Tesla, thanks to
the fact that it is geared towards Tesla divers.
Weibo Corp
Weibo Crop
is viewed as just another social networking site from China, and this an
extraordinary undervaluing of the company relative to the potential it has.
Weibo Corp should be benefitting from the Chinese economy experiencing
accelerated growth, with Alibaba, the
Chinese e-commerce giant, already owning more than 30% of Weibo stock. Alibaba can boost its
traffic greatly by using the social network to advertise as much as it may want
to.
The Best Way to Invest
The
purchasing of stocks remains one of the best possible ways to invest your hard-earned
money. The reason savvy investors are choosing the companies that made it
through onto this list is that they currently providing the highest possible
returns to those who take the leap.