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3 High-Volume Tech Stocks to Watch

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thetradingadvisors.com

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Fri, Sep 1, 2023 08:01 PM

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Despite contending with considerable macroeconomic challenges, the technology sector has demonstrate

Despite contending with considerable macroeconomic challenges, the technology sector has demonstrated a steady recovery. The tech sphere is brimming with opportunities stemming from swift technological assimilation across diversified sectors. Upon careful analysis, high-volume tech stocks HP Inc. (HPQ – Get Rating) and Dell Technologies Inc. (DELL – Get Rating) appear solid candidates to buy. On the other hand, I […] September 01, 2023 [Option Sensei] [3 High-Volume Tech Stocks to Watch]( Despite contending with considerable macroeconomic challenges, the technology sector has demonstrated a steady recovery. The tech sphere is brimming with opportunities stemming from swift technological assimilation across diversified sectors. Upon careful analysis, high-volume tech stocks HP Inc. ([HPQ]( – [Get Rating]( and Dell Technologies Inc. ([DELL]( – [Get Rating]( appear solid candidates to buy. On the other hand, I believe Apple Inc. ([AAPL]( – [Get Rating]( should be kept on one’s watchlist for now. But before we delve into the fundamentals of the stocks listed above, let’s understand the tech sector’s potential. Technological strides persist in facilitating our lives and making formerly costly or ostensibly unattainable services readily accessible within our homes. It is currently poised for growth stimulated by the swift digital shift enveloping various sectors, including healthcare, automotive, and real estate. The extensive incorporation of an array of cutting-edge technologies by individuals and businesses, such as Artificial Intelligence (AI), the Internet of Things (IoT), Augmented and Virtual Reality (AR&VR), 5G, and machine learning, is substantially contributing to the expansion of the industry. AI hardware is swiftly gaining popularity in diverse industries. The widespread use of [robotics]( and [AI]( across various sectors is anticipated to stimulate the demand for the corresponding hardware. Consequently, the global AI in hardware market is projected to exceed $89.22 billion by 2030, marking a [CAGR of 26.96%](. The global hardware market is projected to reach $164.21 billion by 2027, growing at a [CAGR of 7.9%](. Investors’ interest in tech stocks is evident from the Technology Select Sector SPDR Fund’s ([XLK]( 41.2% returns year-to-date, which outpaced the broader S&P 500’s 17.6% gain. The volume of shares traded signifies the quantity of shares exchanged during a specific period. This measure can help in apprehending investor sentiment and liquidity. However, it is advisable to couple it with additional indicators for a more rounded understanding of market activities. With this foundation, let’s look at the fundamentals of the three high-volume [Technology – Hardware]( stocks, beginning with number 3… Continue reading at [STOCKNEWS.com]( SPONSOR [Uncover Hidden Profits in the AI Bull Market]( Even if you've just dipped your toe into AI, it's vital to know what's really happening... With the rise of big-name AI stocks, there's a select group of unnoticed "AI stocks" soaring alongside them. [Get the full scoop here, along with a curated list of 'backdoor' AI strategies.]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This is a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Wealthpop users . Wealthpop is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Wealthpop, and Wealthpop disclaims any liability for or arising from such statements and opinions. You are hereby advised that Wealthpop is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Wealthpop. All rights reserved. Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019

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