Top 5 tech stocks to buy on June 29, 2021

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by Disha Sinha


June 29, 2021

The tech industry has provided sufficient services to society amid the ongoing coronavirus pandemic. People have realized how much they need technology to improve their standard of living. Thus, there is a huge demand for technology stocks in the market across the world. Investors are very interested in knowing the top five tech stocks to buy in today’s market. Dealing with the best tech stocks is a volatile business, but investors may receive a higher return on their investment due to the constant innovations in disruptive technologies.

Analytics Insight provides a list of the top 5 technology stocks, according to Yahoo finance.

PayPal Inc.

PayPal is focused on accessing financial services opportunities and empowering people and businesses to thrive in the global economy. The open digital payment platform provides services to approximately 325 million active users through an online service on any smart device. He is committed to providing multiple choices and flexibility when sending, receiving or paying money. PayPal stock rose more than 1.4% to $ 293.65 on Monday with a market cap of $ 344.96 billion and observed that stocks rose 25% in 2021.

Salesforce.com, Inc.

Salesforce.com, Inc. specializes in customer relationship management (CRM), marketing automation, analytics, and application development. It provides an integrated platform known as the Salesforce Customer 360 Platform that brings businesses and customers together. It has attracted more buyers who use personalized marketing with over 150,000 businesses as clients. It is an inclusive community of over 10 million innovators, disruptors and pioneers. The stock price is US $ 244.57, up 1.12% with a market cap of US $ 226.47 billion.

Match Group, Inc.

Match Group, Inc. is America’s most popular internet and technology company that has operated the world’s largest portfolio of some famous online dating services across the globe for over 20 years. The mission is to create meaningful connections for every person in the world. It offers products in over 40 languages ​​with 11.1 million subscribers and LTM revenue is $ 2.5 billion. The current share price is $ 161.53, down 0.28% with a market cap of $ 48.83 billion.

Yelp Inc.

Yelp Inc. is the marketplace group of Yelp.com and the Yelp app that focuses on posting reviews for businesses such as restaurants, dentists, bars, salons, and more. He is based in San Francisco to connect people with local businesses around the world. Active users have contributed over 200 million reviews and Q1 2021 net revenue is $ 232 million. There are over 5.4 million active claimed local business sites with 31 million unique in-app devices. The current share price is $ 40.47, down 1.36% with a market cap of $ 3.01 billion.

Electronic Arts Inc..

Electronics Arts Inc. or popularly known as EA is one of the world leaders in digital interactive entertainment based in California. It focuses on the development and delivery of games, content as well as online services for consoles and smart devices connected to the Internet. It has over 450 million registered players and EA earned $ 5.5 billion in revenue in 2020. The current share price is $ 142.98, up 3.17% with a market cap of $ 40.85 billion.

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