Many industries have undergone significant changes as a result of technological advancements. Everyone is aware of how technology advancements affect the stock market. Adapting to technological advancements raises people’s awareness and allows them to better manage their time. Technology opens up a world of possibilities for a prosperous future. As the globe becomes more technologically advanced, people are becoming increasingly inclined to employ modern technologies. It is piqueing investors’ interest in investing in equities and profiting from them. The top technology stocks to buy in January 2022 are listed below.
Current price: US$299.84
Market cap: US$74.36 billion
Workday, Inc. is an American firm that provides on-demand financial management and human capital management software. Planning, financial, HR, and spending control solutions are all available through the organisation. The company is ranked 238th on the top tech stocks list.
2. Matterport, Inc.
Current price: US$19.55
Market cap: US$4.73 billion
Matterport is a spatial data firm that specialises in digitising and indexing the built environment, as well as providing Matteport digital twins, a 3D data platform that helps people build and analyse spaces. There are a variety of goods and services available, including Matterport Capture, Matterport Workshop, Matterport Showcase, and Matterport VR with 3D cameras, among others.
3. Stitch Fix Inc.
Current price: US$41.01
Market cap: US$4.393 billion
Stitch Fix is an online personal styling service available in the United States and the United Kingdom. It used recommendation algorithms and data analytics to tailor apparel products based on size, budget, and style. The company was founded in 2011. The headquarters of the corporation are in San Francisco, California.
4. Micron Technology
Current Price: US$70.70
Market cap: US$79.086 billion
Micron Technology is a firm established in Idaho that manufactures electronic memory and data storage solutions. It sells a variety of items for computers, smartphones, and other electronic devices. Their Micro SSDs are the world’s cheapest large capacity variants.
5. Exela Technologies, Inc.
Current price: US$2.14
Market cap: US$308.25 million
Exela Technologies, Inc. is a well-known Texas-based technology firm that provides transaction processing solutions, enterprise information management, document management, and digital business process services to customers all over the world. Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal and Loss Prevention Services are the three segments in which it operates (LLPS).
Will you be one of the few who strike it rich in the stock market? Investing in the stock market can be risky, but it can also be a great way to make money. If you’re considering buying stock, be sure to research a little more on each of the top tech stocks mentioned, to invest in 2022. We hope this article will be helpful.