by Satavisa Pati
March 14, 2022
Technology offers immense possibilities for a successful future. People are more and more inclined to use advanced technologies as the world turns into a technological hub. This increases investors’ interest in investing in stocks and profiting from them. Advances in technology have brought about many transformations in many sectors. Everyone knows how technological development influences the stock market. Adapt to technological changes, educate people and help them use their time effectively. Here are the top tech stocks that can be bought today, March 14, 2022.
PayPal Holdings, Inc. (PYPL)
Current price: $99.91
PayPal is an American multinational financial technology company that operates an online payment system in the majority of countries that supports online money transfers and serves as an electronic alternative to paper currencies and traditional transaction systems.
Siemens AG (NYSE:SI)
Current Price: INR 9,694.32
Siemens AG derives 31% of its revenue from factory automation, in which it supplies robots in different sectors such as sensor systems, power supplies, inspection and vision systems, manufacturing and d warehousing, etc. The company also manufactures consumer electronics and provides healthcare-related transportation systems. care and hospital products. Their tech stocks move to a different drummer from a company solely dedicated to robotics. This could be a great conservative bet for long-term holding if you want to invest in conglomerates.
Toyota (NYSE:MC)
Current Price: INR 1,228.23
Recently, this car manufacturer has developed its latest innovation: the humanoid robot. Toyota’s innovative humanoid robot significantly mimics the human form. Thanks to its flexible design, it allows the robot to perform activities that previously could only be performed by human beings. Additionally, Toyota’s humanoid robot acts as a force multiplier, exerting pressure to help manage heavy or bulky objects. Over time, these humanoid robots can prove to be a boon to manufacturing capabilities.
iRobot (NASDAQ:IRBT)
Current Price: INR 4,838.92
iRobot is a company specialized in the field of robotic field care. It sells floor-vacuuming robots, robotic lawnmowers and mopping robots. Even with the pandemic largely looming, the good news is that IRBT stock is up 52% for the current year. For the current year, the company expects revenue growth of 12% to 13% compared to fiscal 2019. Once things are back to normal, iRobot can grow further. by 15%. In short, iRobots is one of the best tech stocks to own right now.
FLIR Systems (NASDAQ: FLIR)
Current Price: INR 4,405.46
Companies like FLIR Systems develop crucial technologies such as thermal imaging cameras for civilian and military applications. It supports the automation industry. It even develops advanced robotic platforms for military and law enforcement use. Additionally, FLIR bots help diffuse volatile situations. The life-saving solutions provided by the company can be an important reason to choose FLIR stock. In this way, it is among the best automation technology stocks in the United States.
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