The constant innovative developments have led the technology industry to greater heights & it continues to do so. Today, we look around, and there’s nowhere you can survive without a tech gadget or something that is the byproduct of this ongoing unprecedented development. In the stock market, the technology sector deals with the company’s stocks, engaged in research, production, and selling of tech products and services. As the world relies on technology in every facet of life, investing in this sector is a great decision to enjoy higher technology stock prices. 

Statista research forecasted that investment in emerging technologies would increase to a whopping 2.06 trillion U.S. dollars by the year 2023. It will be growing at 5.1% CAGR (Compound Annual Growth Rate) — without an iota of doubt, this will have a tremendous impact on the technology stock prices in the coming future. Consequently, we see massive opportunities flowing in for several investors in the technology sector.

In this respect, here are the four best tech stocks that are worth investing in right now. These are a few of the top tech stocks currently dominating the market (in terms of value) in May 2021 and looking forward to reaping higher technology stock prices. These are the most impressive and dominant stocks in the technology sector that are worthy of your attention. Remember— “Enjoying higher returns on tech stocks is not impossible, as long as you are fishing in the right pond.” 

Best Technology stocks to watch:

1. Apple Inc.

2. Microsoft

3. Alphabet Inc.

4. Synnex Corp.

Let’s take a look and invest our hard-earned money in the right technology stock.

Apple Inc.

Apple is one of the world’s leading technology companies that has sensationalized the American stock market since its inception. It’s a genuine tech titan that deals in designing, manufacturing, and selling outstanding electronic devices like smartphones, laptops, tablets, wearables, and other related products. The company entered the market intending to innovate the technology sector and offer unbeatable products for tech fanatics. All the advanced gadgets that the company provides are of superior quality that people love to experience worldwide. The American multinational technology giant has skyrocketed since its inception in 1976— be it in terms of financial gains or revolutionization of technology. Although its technology stock prices do not dominate the market, it is a great investment opportunity.

Microsoft

Microsoft is a global technology organization that works in developing and approving consumer and enterprise software products. The business was formed in 1975 by Bill Gates and Paul Allen, but they made it public in 1986. The company generates revenue through different technology segments like Intelligent Cloud, Productivity and Business Processes, and More Personal Computing. Among all its offerings, Microsoft is well known for its Windows operating systems and Office productivity suite. You will find the shares of the company on the NASDAQ Stock Exchange. They are very popular with investors and are traded with the ticker symbol- MSFT. If you are searching for a company that offers fantastic technology stock prices, you must check out Microsoft.

Alphabet Inc.

American multinational conglomerate — Alphabet Inc. is a holding company with Google. It trades in the business of acquisition and operation of various companies. The stocks of the company are sold in two classes of shares: GOOG and GOOGL. In 2020, Alphabet Inc. created history when its technology stock prices got listed among the eight highest— this undoubtedly speaks about its success story. Other than Google, the company operates through bet segments like Loon, DeepMind, Calico, CapitalG, Waymo, Google Fiber, etc. As of 2020, Alphabet Inc. ranks at number 11 on the list of Fortune 500 companies. If you want to invest in technology stock prices, this company is the best bet.

Synnex Corporation

Synnex Corp. is a wholesale service provider for IT integration, distribution, and outsourcing. The company runs through different segments, and they are- Technology and Concentrix. Under the technological solutions, Synnex Corp. delivers IT systems, system components, networking equipment, consumer electronics, and other products. However, the Concentrix segment of the company provides customers with a portfolio of strategic technologies and end-to-end business services. Last year, the 8 Wall Street analysts provided Synnex Corp. "buy," "hold," and "sell" ratings. This makes Synnex an excellent investment option for enjoying high technology stock prices in the long term. Even though COVID-19 impacted the world in 2020, the company has shown a massive increase in its technology stock prices. Make sure you consider it while investing your hard-earned money in the technology sector.