5 Prominent Tech Stocks for 2019 and How To Trade Them
Will the tech industry continue booming in 2019 like it has for all of 2018? That’s a question most traders are asking themselves as the new year slowly creeps up on us.
The good news is that most experts and analysts agree that the tech industry is set to experience another record-breaking year and we can expect to see further growth in the sector.
Because of this, we decided to take a closer look at which tech companies will be the most prominent in the upcoming year, and searched wide and far to provide some great insights. We will also list some of the the opportunities on how to best trade the company stocks listed in this article.
How To Trade These Tech Stocks listed below
If you, like so many others, are looking to benefit from the tech industry in 2019, you need to start setting up your trading tools right now. The first step is to find a good trading platform for desktop trading or for mobile investing, that will allow you to trade on the company stocks as you please.
The next step is to start analyzing the stocks to find opportunities to trade on, and if you lack the knowledge needed to trade right now, we suggest you open a demo account with a broker so that you can fine tune your skills before the new year begins.
Top 5 Tech Stocks 2019
1. Amazon – A globally dominating company.
To nobody’s surprise, Amazon is set to continue dominating the field during 2019. After hitting a trillion dollar market capitalization in August, Amazon’s growth slowed down a bit but it shouldn’t deter us. Besides the Amazon Web Service which has been driving a lot of the company’s growth this year, their newly launched advertisement service is expected to explode next year.
2. Microsoft – Should be included in any top 5 list
Microsoft is one of the most established brands in the tech sector, and they are not showing any signs of slowing down. In fact, Microsoft’s Azure is the only cloud service out there that has the potential of rivaling Amazon’s AWS. In fact, we are preparing for the epic race that will determine who will end up dominating the cloud computing space.
3. Baidu – The Chinese competitor to Google.
Baidu is the Chinese version of Google, and their forecast indicates great developments for 2019. However, the main reason we think this is a great stock to keep an eye on for investment purposes in 2019 is its relatively low price to value ratio. Baidu’s stock has been struggling quite a bit over the past couple of months but is showing signs that it’s about to rally which means it’s time to buy.
4. StoneCo – You might not have heard about this one
StoneCo is still a relatively new and unknown company in the tech sector, but we are still confident in their potential. This fintech company from Brazil has already attracted a ton of attention from major players in the game, namely Berkshire Hathaway and Alibaba, and that’s all we need to know to consider them for our top list for 2019. Also, the company revenue soared close to 100 percent in the first half of 2018 which is incredible, to say the least.
5. Adobe – An impressive year 2018, and 2019 is also looking promising
With an unparalleled selection of incredibly popular software that has never been more “in time” such as Photoshop, Illustrator, InDesign, and Dreamweaver, Adobe is not only a safe bet for 2019 but also a potentially highly lucrative investment opportunity. Additionally, this tech company has had an impressive year with great growth that will ripple into the new year.
Other tech stocks
This article only includes a few selected tech stocks that are highly interesting to trade 2019.
What we don’t mention here is that there is a ton of other very interesting tech companies, both private and publicly listed.
If you are interested in learning about the best tech stocks then don’t stop here. There is a ton of free information available on the subject.
Image Credits: Prominent Tech Stocks from SFIO CRACHO/Shutterstock