Best Tech Stocks to Watch – How to Buy Tech Stocks as Investment

These are the Best Tech Stocks to Watch out for in 2023/2024 including all the information you need to know on How to Buy Tech Stocks. We will talk about the benefits and possible challenges you might encounter by investing in tech stocks. Over the past years, the technology industry has emerged as a significant area of interest for stock investors.

In this introductory guide, I provide you with comprehensive advice on effectively monitoring tech stocks from the convenience of your own home. Let us look into the top tech stocks to consider in 2023 and acquaint you with the primary platforms that enable commission-free investing in these companies.

The 12 Most Popular Tech Stocks to Watch in 2023/2024

The tech industry encompasses a vast array of publicly-listed companies, with the United States alone hosting hundreds of them.

To help you seize the investment opportunities within this industry, we have compiled a list of 12 popular tech stocks to keep an eye on in 2023:

  1. Tamadoge – Widely Popular Investment Choice
  2. Battle Infinity – Promising Tech and Crypto Gaming Platform
  3. Amazon – Well-known Tech Stock to Monitor
  4. Alphabet – Tech Stock with Strong Long-term Growth Potential
  5. PayPal – Affordable Tech Stock to Consider during Market Dips
  6. Lumen Technologies – Tech Stock for Dividend Seekers
  7. Apple – Tech Stock Known for Consistent Product Innovation
  8. Jack Henry – Leading Provider of Core Banking Software
  9. Nvidia Corp – Tech Company Suitable for Long-term Holdings
  10. Taiwan Semiconductor – Growth Stock with Dominant Market Share
  11. Nio – Chinese Tech Company Manufacturing Electric Vehicles
  12. Meta – Social Media Tech Stock Focusing on the Metaverse

These stocks represent a variety of tech sectors, providing you with a diverse range of investment opportunities in the evolving tech landscape.

In order to make informed investment decisions in the tech sector, it is essential to have a clear understanding of how the companies you choose operate and the products they offer. Thorough research and diligence are key in this industry.

To ensure you are well-prepared, we strongly recommend reading our comprehensive guide before embarking on any tech stock investments. While AT&T stocks did not make it onto our top-ten list, it is worth noting that many investors are expressing interest in purchasing them in 2023.

For those who are new to online investing, we have provided a resource that explains how to buy stocks using a credit card. This information will guide you through the process and help you get started in the world of online investments.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

Taking a Detailed Look at the Top Tech Stocks to Watch

In the following sections, we will provide detailed profiles of each of the aforementioned popular tech stocks. This will enable you to develop a comprehensive understanding of the potential risks and rewards associated with these investments.

1. Tamadoge – Widely Popular Investment Choice

Tamadoge stands out as an exciting tech and crypto project in the investment space, even though it may not be considered a traditional tech stock. Unlike Dogecoin and Shiba Inu, Tamadoge (TAMA) offers long-term utility and value for its holders, along with the potential for significant growth.

It accomplishes this by allowing holders to mint its NFT, a modern take on the popular Tamagotchi craze from the 90s. In this updated version, users will have the opportunity to feed and care for their virtual pets, competing for prizes.

The pet itself serves as the focal point of the ecosystem. Users raise and nurture their pets, eventually engaging in entertaining play-to-earn battles against others to earn rewards.

As the project progresses according to its roadmap, the pet will transition from a 3D environment to Augmented Reality (AR), enabling players to bring their pets into the real world and embark on hunts for TAMA tokens and other valuable prizes.

Tamadoge Company Website
Tamadoge Company Website

Additionally, the token will be limited to a supply of 2 billion, and it operates as a deflationary asset. This means that 5% of coins from each transaction are burned, reducing the total supply. This mechanism has the potential to make the coin scarcer and increase its value over time.

Tamadoge has already gained significant attention and generated a lot of hype on social media. It surpassed its beta presale allocation within a mere two weeks, indicating strong demand. Although it is currently in the presale phase, the price point will increase once the next target is reached and a new batch of tokens is released.

Moreover, the project offers holders the opportunity to participate in one of the year’s most significant crypto airdrops, with $100,000 worth of TAMA tokens up for grabs. To stay updated with the latest news, you can join the Tamadoge Telegram group.

2. Battle Infinity – Exciting New Tech and Crypto Gaming Platform

Another non-traditional tech company to consider is Battle Infinity. This company has ingeniously combined the virtual world with gaming elements, creating an enticing play-to-earn platform. Within this platform, players can explore the Metaverse, interact with fellow players, and form teams to engage in battles within the Battle Arena.

Battle Infinity provides players with access to six platforms, including the Battle Market, Battle Stake, and Battle Swap, among others. One of the main features is the ability to purchase IBAT, the token specific to Battle Infinity, through Battle Swap. Players can trade their earned rewards for other currencies. Additionally, Battle Stake allows players to compete for the highest annual percentage yield through battles.

Battle Infinity – Exciting New Tech and Crypto Gaming Platform
Battle Infinity – Exciting New Tech and Crypto Gaming Platform

By holding the IBAT token, players actively contribute to the tamper-proof ecosystem developed by the Battle Infinity team. They also gain entry to multiple NFT games. In the Battle Market, players can buy and sell game assets and characters while benefiting from NFT winnings. Think of IBAT as an in-game cryptocurrency.

The Battle Infinity presale was immensely successful, selling out in just 24 days and raising 16,500 BNB (approximately $5 million at the time of writing). The next step for IBAT is its listing on the decentralized exchange PancakeSwap, scheduled for August 17. To stay up-to-date with the latest Battle Infinity news, joining the Telegram group is highly recommended.

Cryptoassets are a highly volatile unregulated investment product.

3. Amazon – Popular Tech Stock to Watch

Over the past three decades, Amazon has transformed from a modest online book store into the largest e-commerce retailer. Today, it has become the go-to platform for online shopping, serving customers in over 200 countries worldwide. However, Amazon’s appeal as a tech stock extends beyond its e-commerce business.

One of its standout offerings is Amazon Web Services, the leading global digital infrastructure provider in the field of cloud computing. This segment has experienced consistent growth, with a notable 37% increase reported in the first quarter of 2022. Additionally, Amazon has made significant acquisitions and boasts notable subsidiaries such as Whole Foods, Zoox, and Twitch, further diversifying its portfolio.

This diversity represents one of Amazon’s greatest strengths, presenting potential benefits for investors. Furthermore, Amazon has announced its intention to split its stock on a 20-for-1 basis later in 2022. This move has the potential to propel Amazon into the prestigious Dow Jones Industrial Average, potentially driving further increases in its stock price.

Amazon – Popular Tech Stock to Watch
Amazon – Popular Tech Stock to Watch

Over the past five years, Amazon stock has demonstrated impressive growth, exceeding 130%. With its influential presence in both cloud computing services and e-commerce, Amazon has established itself as a dominant force in two of the world’s most influential industries. This suggests that Amazon is well-positioned to thrive in the tech industry in the coming years, despite any short-term uncertainties.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

4. Alphabet Inc – Tech Stock With Long-term Growth Potential

Alphabet, a technology conglomerate holding company based in California, is widely recognized as the parent company of Google. It holds a prominent position among today’s big tech stocks and owns various former Google subsidiaries, including Waze, Nest, YouTube, and Fitbit. Moreover, Alphabet’s expansion efforts extend to exploring blockchain solutions for Web3, making it a popular stock choice on platforms like Reddit.

Within its portfolio, Alphabet boasts two market-leading businesses. Google Search Engine and YouTube dominate their respective sectors, attracting significant advertising investments. In 2021, over 80% of Alphabet’s revenue was derived from paid advertisements on these platforms alone.

Alphabet – Tech Stock With Long-term Growth Potential
Alphabet – Tech Stock With Long-term Growth Potential

Comparatively, other businesses such as subscriptions, Google Pay, and Pixel phones accounted for only 11% of the company’s revenue. While Google Cloud remains unprofitable, it contributed 7% to the overall revenue, showcasing Alphabet’s diverse presence within the tech industry.

Regarding stock market performance, Alphabet has achieved approximately 140% growth over the past five years. However, the stock exhibited volatility in recent months, much like the rest of the market. Nonetheless, it has outperformed the S&P 500 index over the last 12 months.

For those interested in purchasing Alphabet stock, the company has announced a 20-for-1 stock split scheduled for July 2022, which will make the equity more affordable. Long-term investors may benefit from potential buybacks and cash generation associated with this tech stock. Fractional quantities of Alphabet stock can also be purchased through leading online brokers like eToro.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

5. PayPal – Cheap Tech Stock to Watch During the Dip

PayPal, a fintech stock, experienced significant market gains during the COVID-19 pandemic, rallying by nearly 200% from the beginning of 2020 to July 2021. However, the stock’s performance has undergone a shift since then, with PayPal experiencing a decline of approximately 70% over the past 12 months.

As the world’s largest mobile payment system, PayPal has established a strong reputation and is widely accepted as a digital wallet in the United States, Europe, and beyond. It controls over 50% of the global payment processing software sector. In addition to its core services, PayPal has expanded its offerings to include cryptocurrency payments and purchases within its ecosystem.

PayPal – Cheap Tech Stock to Watch During the Dip
PayPal – Cheap Tech Stock to Watch During the Dip

Despite recent challenges, PayPal continues to exhibit a robust growth trajectory. The company has consistently achieved sales and earnings growth for over a decade. However, disappointing profit forecasts for 2022 led to investors selling off their stocks. PayPal attributes these forecasts to factors such as higher inflation and disruptions in the supply chain.

Nevertheless, due to its strong growth strategy, analysts expect PayPal’s stock to perform better in the coming years. For instance, PayPal plans to introduce a high-yield savings product to its digital wallet and expand its range of financial services. The company is also implementing measures to monetize Venmo more effectively. Considering these factors, PayPal possesses considerable potential to enhance its earnings in the long term, making it an attractive option among popular tech stocks to consider at present.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

6. Lumen Technologies – Tech Stock for Dividend Seekers

Lumen is a global enterprise technology platform enabling companies to capitalize on emerging applications and data. When considering popular tech stocks for investment, it’s common to focus on growth companies that offer innovative products. However, many of these firms prioritize reinvesting profits for growth and expansion instead of distributing dividends to stockholders.

If you’re specifically seeking popular dividend stocks, you’ll need to explore established companies in the sector, such as Lumen Technologies. Lumen is an international company that provides a range of communication and technology services to businesses. Headquartered in the United States, it is listed in the S&P 500 and the Fortune 500.

Lumen Technologies – Tech Stock for Dividend Seekers
Lumen Technologies – Tech Stock for Dividend Seekers

Lumen’s offerings include broadband, data integration, local and long-distance voice tools, 5G networking, video services, VoIP, information technology, and other related services.

The company is currently undergoing a portfolio restructuring and plans to divest assets to streamline its operations. This restructuring may lead to a decrease in its free cash flow. Nevertheless, Lumen has announced its commitment to continuing dividend payments to stockholders.

At the time of writing, Lumen offers an unusually high running dividend yield of nearly 8.50%, which is a rare occurrence in the tech industry. The company is also well-positioned to benefit from the ongoing growth of cloud computing services and the increasing popularity of remote work trends.

Furthermore, Lumen has developed an extensive fiber network and positions itself as one of the notable 5G tech stocks to watch in 2023.

7. Apple – Tech Stock Delivering Consistent Product Innovation

Apple, a dominant player in the smartphone industry, continues to demonstrate impressive growth. The company reported strong earnings for Q1 2022, achieving a record revenue of $97.3 billion, a 9% increase compared to the previous year. Over the past five years, this tech stock has experienced a remarkable value surge of nearly 290%.

Apple – Tech Stock Delivering Consistent Product Innovation
Apple – Tech Stock Delivering Consistent Product Innovation

Apple has greatly benefited from the increasing adoption of 5G smartphones. In 2021 alone, the company sold iPhones worth over $190 billion, contributing to more than 50% of its total revenue. The introduction of the 2022 iPhone SE model, with its relatively affordable price point, is expected to further drive sales.

Although Apple stock has experienced a decline of approximately 19% since the beginning of 2022, it is essential to note that the company’s business remains robust amidst broader stock market turbulence. As of now, Apple is trading around $150, which represents a roughly 20% decrease from its 52-week high. Apple has consistently excelled in creating innovative products that generate billions of dollars in sales.

Additionally, Apple offers a running dividend yield of approximately 0.60%, providing a potential income stream for investors.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

8. Jack Henry – Leading Provider of Core Banking Software

Jack Henry & Associates is a US-based payments technology services company that primarily serves the banking sector. It offers software solutions that assist financial organizations in executing their business strategies. As a member of the S&P 500 index, Jack Henry serves over 8,500 clients nationwide.

The company has played a vital role in helping banks transition to the digital landscape, enabling them to enhance efficiency and drive revenue growth. Some of its notable clients include First Florida Integrity Bank, Northway Bank, IncrediBank, Washington Trust Bank, PSB, and others.

Jack Henry – Leading Provider of Core Banking Software
Jack Henry – Leading Provider of Core Banking Software

With the increasing demand for digital banking services, Jack Henry’s offerings remain highly sought after. To meet this demand, the company consistently innovates by introducing new tools and features to its portfolio. One of its recent products, FactorSoft, is a lending tool that enables banks to provide near-real-time services to institutions.

In recent years, Jack Henry has also made significant investments in payment solutions and financial crime prevention. These strategic moves position Jack Henry as one of the most popular tech stocks to monitor. Additionally, the company offers a running dividend yield of nearly 1.10%, which may be an appealing aspect for income-focused investors.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

9. Nvidia Corp – Tech Company for Long Term Holdings

Nvidia, a leading player in the computing chip industry, holds a dominant position. The company is renowned for its Graphics Processing Units (GPUs) and is a major contender in the cloud computing and AI sectors. For more than two decades, Nvidia has been selling its graphics cards for use in personal computers and gaming consoles.

Gaming is a key focus for Nvidia and represents its largest revenue source. In the fiscal year of 2022, this segment accounted for over 40% of the company’s top-line revenue. Nvidia sees substantial growth potential in this industry, with a projected revenue opportunity of $100 billion.

Nvidia Corp – Tech Company for Long Term Holdings
Nvidia Corp – Tech Company for Long Term Holdings

Additionally, Nvidia is poised to benefit from the automotive market, which can further fuel its long-term growth. Prominent car manufacturers such as Hyundai, Mercedes, Tata Motors’ Jaguar, Volvo, and Land Rover have already partnered with Nvidia to leverage its full-stack autonomous driving platform.

Over the past five years, Nvidia stock has delivered impressive returns of over 430% for its investors. Although the stock has experienced some turbulence since the beginning of 2022, influenced by broader market conditions in the tech sector, the long-term prospects for Nvidia appear highly promising. As a result, Nvidia remains one of the most popular tech stocks to consider in 2022.

10. Taiwan Semiconductor – Growth Stock With Leading Market Share

Taiwan Semiconductor (TSM) is a prominent player in the computer chip market, and despite being based in Taiwan, it can be invested in through the NYSE. The company specializes in chip manufacturing for third-party customers, including major names like Apple, AMD, Marvell, and Nvidia.

By focusing on manufacturing rather than chip design, Taiwan Semiconductor allows its customers to leverage its expertise, saving them time and resources. This business model has enabled the company to secure prominent customers and capture over 50% of the semiconductor manufacturing market share.

Taiwan Semiconductor – Growth Stock With Leading Market Share
Taiwan Semiconductor – Growth Stock With Leading Market Share

Barring any drastic shifts in industry demand, Taiwan Semiconductor is well-positioned for steady growth in the coming years, thanks to its defensible market position. The company’s Q1 2022 earnings report exceeded Wall Street analysts’ estimates, with a 35% revenue growth and an increased guidance of 20% for 2022.

However, if considering Taiwan Semiconductor as a popular tech stock to watch, there are some important considerations to keep in mind. The stock value of Taiwan Semiconductor has experienced a decline of nearly 30% since the beginning of 2022, influenced by the overall market downturn and geopolitical risks associated with Taiwan.

Concerns have arisen due to Russia’s invasion of Ukraine, raising fears of potential actions by China towards Taiwan, which could significantly impact the stock. As geopolitical tensions ease, market sentiment towards Taiwan Semiconductor could turn more bullish.

In essence, the current market downturn may present an opportunity to closely monitor this tech stock and assess its potential for future growth as geopolitical concerns evolve.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

11. Nio – Chinese Tech Company Manufacturing Premium EVs

NIO is a car company. They design and develops smart, high-performance, electric vehicles. When exploring popular tech stocks to watch, it’s important to consider companies beyond the software sector. Nio, a prominent Chinese electric vehicle (EV) manufacturer, offers an opportunity to diversify internationally and gain exposure to the Chinese market. The company specializes in designing and manufacturing premium EVs and is considered a leader in the Chinese EV industry.

The Nio’s EVs are renowned for their advanced technological features, including autonomous driving capabilities, positioning the company as one of the popular Chinese tech stocks to consider in 2023. Additionally, Nio is involved in the design of digital cockpits that support virtual reality experiences and is expanding its EV charging network across China and Europe.

Nio – Chinese Tech Company Manufacturing Premium EVs
The Nio – Chinese Tech Company Manufacturing Premium EVs

Although Nio is headquartered in China, its stock is primarily listed and traded on the NYSE, making it accessible to investors globally. Platforms like eToro allow investors, even those based in the US, to invest in Nio without paying any commission fees.

However, it’s important to note that like many other Chinese tech stocks, Nio has experienced a decline in the stock market in recent months. Over the past year, Nio’s stock has decreased by over 50%. Factors contributing to this downtrend include political and regulatory concerns, increased supply chain costs, and pandemic-related lockdowns in China.

Nonetheless, Nio remains focused on its future growth and has plans to launch new EV models by the end of 2022. As the company strategizes and navigates through market challenges, investors interested in the Chinese EV industry may find Nio to be an intriguing tech stock to watch.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

12. Meta – Social Media Tech Stock With a Focus on the MetaVerse

Meta is the parent company of Facebook, Instagram, Whatsapp, and Giphy, is a major player in the social media industry. They builds technologies that help people connect, find communities and grow businesses. Its revenue primarily comes from advertisements on these platforms, with large corporations investing significant amounts to reach social media users. Additionally, Facebook and Instagram are actively promoting their paid advertising services to small businesses to expand their audience reach.

However, Meta is not solely focused on social media and is actively diversifying its revenue streams. It has set its sights on the metaverse, investing $10 billion in its development in 2021. The metaverse represents a virtual-reality-based digital environment where users can interact and engage in various activities.

Meta – Social Media Tech Stock With a Focus on the MetaVerse
Meta – Social Media Tech Stock With a Focus on the MetaVerse

Meta has already created Horizon Worlds, a virtual-reality social platform, which is currently in the beta testing phase. This platform enables developers and creators to sell digital items and experiences within the virtual world.

Despite a decline in its stock value by around 40% in the first four months of 2022, largely due to the broader tech sector sell-off, Meta’s recent earnings report for Q1 2022 exceeded analysts’ expectations. This positive performance may have a favorable impact on the stock price going forward. Given its potential for growth in the metaverse and beyond, Meta remains a popular long-term tech stock to watch.

For more detailed information on how to buy Meta stock, you can refer to a guide specifically tailored for that purpose.

How to Judge the Most Popular Tech Stocks to Watch

What criteria can be used to assess the popularity of tech stocks worth monitoring? That should be your question now. Many companies offer exposure to the tech industry, encompassing any business incorporating technology into their products or services. Consequently, choosing popular tech stocks for your portfolio can be a daunting task.

To help you navigate this selection process, consider the following guidelines:

1. Study the Company’s Balance Sheet

When investing in tech stocks, one crucial factor to assess is the company’s balance sheet health. Ideally, the firm should possess a greater amount of cash than debt.

It is important to note that many tech companies tend to carry a high debt ratio due to substantial investments in research and development. However, this can also present opportunities for future growth as they continuously introduce new products and features.

Study the Company's Balance Sheet
Study the Company’s Balance Sheet

Rather than seeking companies entirely devoid of debt, focus on identifying those with manageable liabilities. This approach mitigates the risk of bankruptcy, especially in today’s volatile economy.

Lest use this example:

In Q1 ending on March 31, 2022, Alphabet reported a total long-term debt of $14.7 billion. At first glance, this figure might appear substantial. However, the company also holds $133.9 billion in cash, indicating a significant net cash position.

The substantial cash reserves suggest that Alphabet does not carry a burdensome debt load. As a result, there is no immediate need for excessive concern regarding the debt, as long as the company has sufficient net cash to address any imminent threats.

Conversely, investing in a tech company with a weak balance sheet introduces unnecessary risk to your portfolio. It’s advisable to avoid such companies to maintain a more stable investment strategy.

2. Make a Research of the Stocks’ Position in the Industry

The tech industry is experiencing rapid and unprecedented evolution. When investing in tech stocks, it is essential to gain insights into the company’s position in its target market and evaluate the strengths and weaknesses of its product portfolio.

Research the Stocks’ Position in the Industry
Research the Stocks’ Position in the Industry

Additionally, understanding the competitive landscape is crucial. Investing in a company heavily reliant on outdated technology could be risky. Instead, focus on firms with long-term viability.

Popular tech stocks often have diversified revenue streams, providing stability. It’s also important to comprehend the nuances of the industry in which the company operates.

The tech sector encompasses various categories, including IT, social media, hardware, automotive, software, and semiconductors. The future performance of your chosen tech stock will depend on the overall growth of the industry it operates within.

3. Check if there’s Recurring Revenue Growth

A recurring revenue stream indicates that a tech company offers products or services for which customers make ongoing payments. Unlike one-time sales, these recurring deals are predictable and provide greater stability, enabling the company to plan for future growth more effectively.

  • For instance, social media companies like Meta (formerly Facebook) rely on recurring revenue from advertising sales.
  • Similarly, companies like Adobe generate revenue through subscription-based models.

Investors seeking tech stocks with lower risk profiles often prefer companies that generate revenue through recurring business models. Companies with a recurring revenue growth rate of 20% or higher demonstrate their ability to expand within their target markets.

Ask Yourself: Are Tech Stocks a Sound Investment?

Tech companies hold significant value in the stock market, standing as highly esteemed businesses.

As mentioned earlier, numerous tech-related companies have experienced remarkable growth in recent years. This impressive trajectory has resulted in a surge of investor interest and a widespread inclination towards investing in tech stocks.

Tech companies have become highly valued entities in the stock market, experiencing substantial gains in recent years. The rapid growth and potential of this sector have attracted significant investor interest, leading to a surge in investments in tech stocks.

Advantages of choosing to invest in today’s most popular Tech Companies

Investing in popular tech stocks can offer several potential benefits, including:

  1. Growth Potential: Tech companies often have innovative products and services that can disrupt industries and drive substantial growth.
  2. Market Leadership: Popular tech stocks are often market leaders in their respective domains, enjoying a competitive advantage and strong market presence.
  3. Profitability: Tech companies can achieve high-profit margins due to scalability, efficient business models, and recurring revenue streams.
  4. Technological Advancements: Investing in tech stocks allows investors to participate in the advancements and trends shaping the future, such as artificial intelligence, cloud computing, and digital transformation.
  5. Portfolio Diversification: Including popular tech stocks in a diversified portfolio can provide exposure to a sector known for its potential for high returns, which can offset risks in other areas.

Moving on, below are some potential advantages of choosing to invest in today’s most popular tech stocks.

High Returns of Investment

Choosing to invest in rapidly growing tech brands can prove highly lucrative, effectively enhancing returns. Several sought-after tech stocks have demonstrated a track record of generating triple-digit returns within a single year of trading.

In contrast to the S&P 500, which has seen a five-year total return of 68%, the tech-focused NASDAQ has experienced nearly double the growth, reaching approximately 120% over the same time frame.

A Chance to Diversify Your Options

The tech industry offers diversification options that align with your knowledge and financial goals.

You can achieve portfolio diversity by investing in various tech companies.

To easily diversify, consider investing in tech-focused ETFs and indices. For example, the ARK Innovation ETF includes several high-performing tech stocks. You can access these ETFs through commission-free brokers like eToro.

You choice of company must also provides access to tech-oriented managed portfolios. They should offer you different portfolios focusing on various aspects of the tech industry.

The broker has to give you regular information on each portfolio, including weightage, risk score, and returns. This enables you to make informed investment decisions.

Invest in Latest Innovations and Trends

Investing in the market’s most popular tech stocks means investing in companies that are continuously driving innovation. By owning stocks of these innovative firms, you have the chance to support projects you believe in.

Furthermore, you get to be a part of the progress made by groundbreaking technologies that have the potential to reshape our lives. For instance, smartphones have revolutionized how we engage with the world.

Additionally, technology is a captivating subject for many investors, making research and analysis a more enjoyable endeavor.

What are the Risks of Investing in Tech Stocks?

Although there are numerous reasons to be enthusiastic about tech stocks, it’s important to acknowledge the associated risks. Therefore, when monitoring tech stocks for your portfolio, it is essential to first consider the potential downsides.


The tech sector is in a constant pursuit of new trends. Even the most solid companies can face challenges when new competitors enter the market and chip away at their market share.

For example:

Facebook dominated the social media several for years, but TikTok video platform came out as a serious competitor, captivating younger audiences and becoming the fastest-growing app in history.

Similarly, Taiwan Conductor is facing tough competition from Samsung and Intel, who are launching new products to attract potential clients.

This demonstrates that established companies can have their businesses disrupted by new players with stronger offerings.

Therefore, it’s crucial to stay updated with tech trends to evaluate and adjust your portfolio accordingly.

Regulatory Backlash

Tech stocks can face challenges from increased regulation and government scrutiny, which can negatively impact their market performance and future prospects.

Increased regulation and government scrutiny
Increased regulation and government scrutiny

For example, Facebook has encountered multiple lawsuits due to a privacy breach that exposed the personal information of over 530 million users.

Such incidents highlight the potential risks associated with regulatory actions and the impact they can have on tech stocks.

Understanding the Business Might be Challenging

As mentioned earlier, it is crucial to have a clear understanding of a company’s product portfolio to assess its future potential.

However, staying informed about the latest technologies can be difficult and may require significant effort to overcome the learning curve.

This can introduce additional risk when making decisions about investing in tech stocks. Therefore, it’s important to consider whether you are comfortable investing in a company whose business you may not fully comprehend.

Tech Penny Stocks

The rapid pace of technological advancements means that new technologies emerge frequently. Your next significant investment opportunity may arise from up-and-coming tech stocks rather than well-established companies.

These new tech stocks have the potential to experience significant growth if their products gain widespread adoption.

Here are a few tech stocks priced under $5 that you might want to consider for investment:

  1. Exela Technologies: A business process automation company offering various services like accounting software, HR, and legal management.
  2. American Virtual Cloud Technologies: This company provides cloud-based services in the digital communication sector. It gained attention as one of the popular meme stocks in 2021.
  3. TD Goldings: A China-based holding company operating a digital platform that offers commodity trading and supply chain management solutions.

It’s important to note that while these companies may initially appear undervalued, investing in them carries higher risk. They have limited historical data and lower liquidity in the stock market.

Therefore, exercise caution and conduct thorough research before considering investment in tech penny stocks.


Identifying trending tech stocks can provide insights into the current market sentiment. Yet, it is crucial to conduct thorough research and comprehend the business before investing in the market’s most popular tech stocks.

Taking the time to delve into the details and understand the company you’re investing in is essential to make informed investment decisions and be aware of where your money is going.

Frequently Asked Questions

What is the most popular tech stock to watch?

Currently, some of the most popular tech stocks to keep an eye on are Apple, Alphabet (the parent company of Google), Meta (formerly known as Facebook), Nio (an electric vehicle company), and Taiwan Semiconductor (a leading semiconductor manufacturer). These companies have garnered significant attention and are closely monitored by investors due to their prominence and influence in the tech industry.

What is the cheapest technology stock to watch?

If you’re looking for an affordable tech stock to watch, Lumen Technologies could be a viable option. Lumen Technologies provides communication and technology services, and it is known for offering a high dividend yield to its stockholders. This makes it an attractive choice for investors seeking potential value at a lower price point. However, it’s important to conduct thorough research and consider various factors before making any investment decisions.

What are the 10 most popular tech stocks to watch?

Here are 10 popular tech stocks that are often watched by investors:

  1. Alphabet (Google)
  2. Apple
  3. Lumen Technologies
  4. Nio
  5. Nvidia
  6. Taiwan Semiconductor
  7. Meta (Facebook)
  8. Amazon
  9. Jack Henry
  10. PayPal

These companies represent a mix of prominent names in the tech industry, ranging from software and hardware giants to semiconductor manufacturers and e-commerce platforms. However, popularity can vary over time, and it’s important to conduct thorough research and stay updated with market trends when considering investments in these stocks.

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