The best tech stocks to buy or watch aren't guaranteed to be huge stock market winners. SNPS is one of the best stocks to buy in the chip sector because it is pretty much a guaranteed winner of future tech trends. … The Nasdaq touched record highs again on Wednesday, as investors continue to pile into tech, despite the success coronavirus-impacted spaces and harder-hit cyclicals have enjoyed since the start of November. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Zacks has a proven record of recommending stocks with significant upside potential. TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,408.62, up 78.36 points.) Its “Imagine 2025” portfolio selects the tech stocks the firm believes will be winning on a long-term basis. For young companies that have not reached profitability, this … Insider. Yet, rising coronavirus cases haven’t dampened overall optimism, especially as the vaccine is being rolled out. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Even though Nvidia is suffering over the last six months, the long-term picture remains very compelling making this one of the top stocks to buy and hold. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. “The incredible amount of data generated by AI, AR/VR and autonomous driving would require significantly higher memory, both NAND and DRAM, leading to strong and long-term tailwinds for MU” writes RBC Capital. 3 Big Stories to Catch Up On. Breakout Biotech Stocks with Triple-Digit Profit PotentialThe biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. “Within our software universe, we would highlight Splunk (NASDAQ:SPLK) as a likely winner in the big data category,” writes RBC Capital. CrowdStrike (CRWD Quick QuoteCRWD - Free Report). 3 Soaring Tech Stocks to Buy for More Growth in 2021. More recently, Zendesk has surged 45% in the trailing three months and it hit a new high of roughly $144 a share on Wednesday. APPS also grabs an “A” grade for Growth in our Style Scores system and three of the five brokerage recommendations Zacks has for Digital Turbine come in at a “Strong Buy.”, Zendesk, Inc. (ZEN Quick QuoteZEN - Free Report). Copyright © 2021 InvestorPlace Media, LLC. Similarly, top Oppenheimer analyst Glenn Greene (Track Record & Ratings) notes PYPL’s “unique” competitive position. Get the AAPL Stock Research Report. This comes with a $2,400 median analyst price target. Last but not least, make sure to make room for Microsoft (NASDAQ:MSFT). This includes personalizing content and advertising. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. It picks Microsoft as the No. “The need for well-designed security and IT automation solutions is acute; resources are scarce, environments are becoming more complex, all while threats are increasing,” says Corey Thomas, CEO of Rapid7. “We believe the following names are best positioned to outperform over a seven-year time horizon through 2025,” writes the firm. CRWD’s improving EPS outlook helps it grab a Zacks Rank #2 (Buy) and it rocks “B” grades for Growth and Momentum. Get the MU Stock Research Report. And the best part is that it doesn’t even matter what new companies come along they will still need Synopsys. All rights reserved. More importantly, company executives raised their outlook. 4 brokers have issued 1 year target prices for Jumia Technologies' stock. Apple (ticker: AAPL), … Plus RBC’s Matthew Hedberg (Track Record & Ratings) is behind the stock. “By helping design complex chips, Synopsys is in the thick of AI in terms of design,” the firm writes. … Splunk provides the Machine Learning Toolkit, a guided workbench to create and test flexible models that can handle any use case. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Benjamin Rains December 23, 2020. First of all, PayPal offers massive scale. Get the PYPL Stock Research Report. “Amazon appears particularly well situated to lead robotics innovations, given its ongoing investment in Kiva logistics robots,” points out RBC Capital. quotes delayed at least 15 minutes, all others at least 20 minutes. That said, the gains have been a bit muted since the passage of the new $900 billion relief package that was mostly priced in already. Notably, AMZN boasts one of the best ratings on the Street. The company already deploys something to the tune of 100K Kiva robots, basically a robot army. NYSE and AMEX data is at least 20 minutes delayed. CRWD crushed our Q3 estimates at the start of December, with sales up 86% and it added nearly 1,200 net new subscription customers. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. One of the great secondary chip stocks to buy is Micron (NASDAQ:MU). If you do not, click Cancel. APPS has made Deloitte's Technology Fast 500 list multiple times and it completed its acquisition of Mobile Posse in March. This is with a $1455 average analyst price target. Plus RBC isn’t the only firm singing the stock’s praises. ZacksTrade and Zacks.com are separate companies. As of this writing, Harriet Lefton did not hold a position in any of the aforementioned securities. And second, it boasts a unique two-sided model among tech stocks, with both consumers and merchants onside. With this in mind, Zacks estimates call for the company to swing from an adjusted loss of -$0.02 a share in the year-ago period to +$0.08 in the fourth quarter on 64% stronger revenue. CrowdStrike is also projected to swing all the from a full-year loss of -$0.42 a share to +$0.22 in FY21, with FY22 expected to climb nearly 50% higher to $0.32. Zacks Ranks stocks can, and often do, change throughout the month. But if we put these troubles aside for a moment and focus on the longer-term outlook, a different picture emerges. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. Remote work and schooling helped push this area of the ever-growing cybersecurity space to the forefront. Copyright © This is with a $127 average analyst price target. Digital Turbine has outpaced fellow pandemic high-flyers such as Tesla (TSLA Quick QuoteTSLA - Free Report) , Zoom Video (ZM Quick QuoteZM - Free Report) , and Shopify (SHOP Quick QuoteSHOP - Free Report) and it hit new records on Tuesday. It estimates over one million engineers working with Cuda and calls it “the secret sauce that underlies the entire ecosystem.” Get the NVDA Stock Research Report. The eCcommerce company is consistently innovating for the future, be it through acquisitions, technology or entering new markets. Delayed quotes by Sungard. “We believe its growing platform of assets will open up the ~2B people around the world who lack financial services.”. Article printed from InvestorPlace Media, https://investorplace.com/2020/02/10-tech-stocks-to-buy-now-for-2025/. For people who grew up with iOS devices, Apple could have data on every app a person installed, on every flight, book and purchase, as well as academic records, health statistics, family background and more. Get the SNPS Stock Research Report. ... Next Quarter ending 06/30/21 ZEN has climbed 85% in the last year to double its industry’s average. Zacks estimates call for ZEN’s revenue to jump over 25% in 2020 to reach over $1 billion for the time, with FY21 projected to come in another 23.5% higher. Zendesk is a cloud-focused CRM firm with a software portfolio geared toward sales, support, and customer engagement. “We think AAPL could be a major beneficiary of AI and VR/AR-related trends, which could generate significant tailwinds for its services business,” it writes. Again, Amazon should be a major beneficiary of this trend. Zendesk has also destroyed our bottom-line estimates over the trailing three periods and its positive earnings revisions help it earn a Zacks Rank #2 (Buy) at the movement. “We believe Microsoft is in an enviable position vs other public cloud competitors as their customers can also leverage AI and ML capabilities on premise, something [Amazon’s] AWS and [Google’s] GCP can’t deliver natively,” said RBC Capital. What’s even more interesting is that by 2025 we could be looking at the first real “iPhone generation.” 2025 is 18 years from the launch of the first iPhone. TSLA Quick Quote TSLA ZEN Quick Quote ZEN SHOP Quick Quote SHOP APPS Quick Quote APPS ZM Quick Quote … “This AI would truly be a ‘personal’ assistant. And the tech stock still retains its “moderate buy” analyst consensus rating. All future trends result in data creation and Micron is perfectly positioned for this with its DRAM/NAND memory portfolio. We use cookies to understand how you use our site and to improve your experience. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. “While there are no guarantees of a winner in the AI race, we think Nvidia is well ahead of its peers and is continuing to gain traction due primarily to the value of Cuda software,” says RBC Capital. Along with the possibility of roughly 100 million Americans being vaccinated by February or March, the S&P 500 earnings outlook for next year is strong. Company profile page for Nextech Invest Ltd including stock price, company news, press releases, executives, board members, and contact information At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. RBC Capital sees a long runway for Apple (NASDAQ:AAPL) stock. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. All rights reserved. Digital Turbine works to connect OEMs, mobile operators, and publishers with advertisers and developers for “frictionless app and content discovery, user acquisition and engagement, operational efficiency and monetization opportunities.” The Austin, Texas-headquartered firm boasts that it has delivered more than “three billion app preloads for tens of thousands advertising campaigns.”. These are the tech penny stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. ZEN topped our Q3 estimates at the end of October and it’s poised to grow as more companies, from a range of industries are forced to ramp up their digital transformations.