FDN First Trust Dow Jones Internet Index Fund



Best Tech Stocks to Buy in Q4 2021


Updated: Sept. 20, 2021, 10:45 a.m.The technology sector is vast, comprising gadget makers, software developers,wireless providers, streaming services, semiconductor companies, and cloudcomputing providers, to name just a few. Any company that sells a product orservice heavily infused with technology likely belongs to the tech sector.

Hardware Companies


These design and build devices such as: * Personal computers * Smartphones * Fitness trackers * Smart speakers * Enterprise equipment like servers and networking gear

Software Companies


These design the software that runs on hardware, such as: * Operating systems * Databases * Cybersecurity software * Productivity softwareSoftware companies are increasingly moving to a software-as-a-service modelwhere customers buy a subscription to a program instead of a one-time license.This generates recurring revenue for the software company.Powering all that hardware are semiconductor chips. Semiconductor companiesdesign and/or manufacture central processing units, graphics processing units,memory chips, and a wide variety of other chips that help to run today’sdevices.Telecom companies that provide wireless services are part of the tech sector.So are the video streaming companies that provide easy access to high-qualitycontent, and so are the cloud computing providers that power those streamingservices.

3 FAANG Stocks I Bought for My Starter Portfolio


Investors can buy and hold these companies for a lifetime.Rachel Warren and Toby Bordelon | Sep 29, 2021Best Tech Stocks to Buy in Q4 2021Updated: Sept. 20, 2021, 10:45 a.m.The technology sector is vast, comprising gadget makers, software developers,wireless providers, streaming services, semiconductor companies, and cloudcomputing providers, to name just a few. Any company that sells a product orservice heavily infused with technology likely belongs to the tech sector.

Hardware Companies


These design and build devices such as: * Personal computers * Smartphones * Fitness trackers * Smart speakers * Enterprise equipment like servers and networking gear

Software Companies


These design the software that runs on hardware, such as: * Operating systems * Databases * Cybersecurity software * Productivity softwareSoftware companies are increasingly moving to a software-as-a-service modelwhere customers buy a subscription to a program instead of a one-time license.This generates recurring revenue for the software company.Powering all that hardware are semiconductor chips. Semiconductor companiesdesign and/or manufacture central processing units, graphics processing units,memory chips, and a wide variety of other chips that help to run today’sdevices.Telecom companies that provide wireless services are part of the tech sector.So are the video streaming companies that provide easy access to high-qualitycontent, and so are the cloud computing providers that power those streamingservices.

3 FAANG Stocks I Bought for My Starter Portfolio


Investors can buy and hold these companies for a lifetime.Rachel Warren and Toby Bordelon | Sep 29, 2021Best Tech Stocks to Buy in Q4 2021Updated: Sept. 20, 2021, 10:45 a.m.The technology sector is vast, comprising gadget makers, software developers,wireless providers, streaming services, semiconductor companies, and cloudcomputing providers, to name just a few. Any company that sells a product orservice heavily infused with technology likely belongs to the tech sector.

Hardware Companies


These design and build devices such as: * Personal computers * Smartphones * Fitness trackers * Smart speakers * Enterprise equipment like servers and networking gear

Software Companies


These design the software that runs on hardware, such as: * Operating systems * Databases * Cybersecurity software * Productivity softwareSoftware companies are increasingly moving to a software-as-a-service modelwhere customers buy a subscription to a program instead of a one-time license.This generates recurring revenue for the software company.Powering all that hardware are semiconductor chips. Semiconductor companiesdesign and/or manufacture central processing units, graphics processing units,memory chips, and a wide variety of other chips that help to run today’sdevices.Telecom companies that provide wireless services are part of the tech sector.So are the video streaming companies that provide easy access to high-qualitycontent, and so are the cloud computing providers that power those streamingservices.

3 FAANG Stocks I Bought for My Starter Portfolio


Investors can buy and hold these companies for a lifetime.Rachel Warren and Toby Bordelon | Sep 29, 2021Best Tech Stocks to Buy in Q4 2021Updated: Sept. 20, 2021, 10:45 a.m.The technology sector is vast, comprising gadget makers, software developers,wireless providers, streaming services, semiconductor companies, and cloudcomputing providers, to name just a few. Any company that sells a product orservice heavily infused with technology likely belongs to the tech sector.

Hardware Companies


These design and build devices such as: * Personal computers * Smartphones * Fitness trackers * Smart speakers * Enterprise equipment like servers and networking gear

Software Companies


These design the software that runs on hardware, such as: * Operating systems * Databases * Cybersecurity software * Productivity softwareSoftware companies are increasingly moving to a software-as-a-service modelwhere customers buy a subscription to a program instead of a one-time license.This generates recurring revenue for the software company.Powering all that hardware are semiconductor chips. Semiconductor companiesdesign and/or manufacture central processing units, graphics processing units,memory chips, and a wide variety of other chips that help to run today’sdevices.Telecom companies that provide wireless services are part of the tech sector.So are the video streaming companies that provide easy access to high-qualitycontent, and so are the cloud computing providers that power those streamingservices.

3 FAANG Stocks I Bought for My Starter Portfolio


Investors can buy and hold these companies for a lifetime.Rachel Warren and Toby Bordelon | Sep 29, 2021The 5 Best Tech ETFs To Buy Tech Stocks in 2021The technology sector has had a particularly stellar run in recent years,considerably outperforming the market. Here we’ll review the best tech ETFs tobuy tech stocks in 2021Disclosure: Some of the links on this page are referral links. At noadditional cost to you, if you choose to make a purchase or sign up for aservice after clicking through those links, I may receive a small commission.This allows me to continue producing high-quality, ad-free content on thissite and pays for the occasional cup of coffee. I have first-hand experiencewith every product or service I recommend, and I recommend them because Igenuinely believe they are useful, not because of the commission I get if youdecide to purchase through my links. Read more here.

In a hurry? Here’s the list:


1. VGT – Vanguard Information Technology ETF 2. XLK – Technology Select Sector SPDR Fund 3. QQQ – Invesco QQQ Trust 4. FDN – First Trust Dow Jones Internet Index Fund 5. ARKK – ARK Innovation ETF

FDN – First Trust Dow Jones Internet Index Fund


Prefer to specifically target internet companies like Amazon, Facebook,Paypal, Google, Netflix, and Twitter? The First Trust Dow Jones Internet IndexFund has become extremely popular in recent years due to the success of thesecompanies; it has over $10 billion in assets. The fund was established in2006, has 42 holdings, and seeks to track the Dow Jones Internet CompositeIndex. This narrower targeting comes at a price; this ETF has an expense ratioof 0.52%.

Tech Stocks to Buy with Breakout Potential: Coupa Software (COUP)


coupa logoSource: Michael Vi / Shutterstock.com52-week range: $215.00 — $377.04San Mateo, California-based Coupa Software is a cloud-based business financemanagement platform that provides companies with more control and visibilityover how they spend money. Coupa connects buyers with suppliers and helpsbuyers save money by improving procurement, expense management and payments.Story continuesThe company released 2022 first-quarter results in early June. Total revenuegrew 40% year-over-year (YOY) to $167 million. Adjusted net income was $5million, compared to $14.5 million for the same period last year. Adjusted EPScame in at 7 cents, compared to 20 cents for the prior-year quarter. Adjustedfree cash flow stood at $30 million.“During the first quarter, we delivered record revenue, generated meaningfulfree cash flows, and added dozens of new customers to the Coupa Community,”remarked CEO Rob Bernshteyn.Coupa is a growth stock that has managed to increase full-year revenue by morethan 38% for the past five years. The company collects spend data from itsplatform to provide artificial intelligence (AI)-powered suggestions. Thus,the quality of prescribed insights is likely to improve as more customers jointhe platform. The company boasts a solid endorsement from International DataCorp, which nominated Coupa as a leader in six different markets, from spendanalysis and procurement to supplier relationship management and sourcing.COUP stock is currently hovering around $251. Year-to-date (YTD), the stock isdown 26%. The stock currently trades more than 30% lower than its 52-week highin mid-February. The current P/S ratio stands at 29.98. Interested investorscould find value at these levels.

How to find tech stocks poised for growth


The two most important factors to consider to help you to identify tech stockspoised for growth are the company’s industry sector and rate of sales growth: * Industry sector: Tech companies in some sectors are growing more rapidly than others. Focus on those companies in industries likely to be much larger in the future, such as e-commerce, cloud computing, and AI. * Rate of sales growth: This metric is an important one to consider when judging the attractiveness of a growth stock. The ability to consistently expand revenues at double-digit rates is critical, especially as a company gets bigger. It’s much easier to increase sales of $10 million by 30% than it is to expand $1 billion of sales by the same percent. The best growth tech stocks maintain rapid growth rates as they scale.Profitability isn’t all that important if you’re looking for the next big techstock. Many tech companies aggressively focus on growing as fast as possible,sacrificing profit for increasing scale. That’s not a bad idea if the customerbase is likely to stick around for the long haul. It makes sense for asubscription software company, for example, to spend heavily to win a customerwho may generate revenue for many years to come.So when it comes to profitability, it’s important that the company’sperformance is at least improving. Gross margin should be rising, and thecompany’s path to turning a profit should be clear and viable.Some growth-focused companies never turn a profit and ultimately turn out tobe poor investments. And, even if you do identify the next top tech stock,remember that pricey growth stocks often have much higher volatility than theS&P 500 (SNPINDEX:^GSPC). Massive, painful declines in stock price are commonwith fast-growing tech stocks, and it can take an iron constitution to endurethose declines without panicking.Growth tech stocks can provide outsized returns over the long term, and thebest growth tech stocks can yield life-changing returns. But choose wisely toavoid the pitfalls that are inherent to growth investing.17 Best US Tech Stocks to Invest and Watch in 2021Here are the best US tech stocks to invest in 2021. Investors like investingand trading tech stocks because of their growth potential. A lot of the mostsuccessful companies in the world are also tech companies.

Tell Us What You Think
0Like0Love0Haha0Wow0Sad0Angry

0 Comment

Leave a comment