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Best Companies to Invest in

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What are the best companies to invest in? Keep reading this beginner’s guide as we reveal the top five tech companies in the stock market today. 

When it comes to tech stocks on the stock market today, investors have plenty of options. But how do you filter the good from the bad? Check out these top-rated five best companies to invest in in 2021. 

Best Companies to Invest in – Top Five List

  1. Apple Inc. (NASDAQ: AAPL) – Up 9.35% in YTD Gains – Invest Now
  2. SoFi Technologies Inc. – (NASDAQ: SOFI) Up 55.49% in YTD Gains – Invest Now
  3. Alphabet Inc. (NASDAQ: GOOGL) – Up 58.10% in YTD Gains – Invest Now
  4. Taiwan Semiconductor Manufacturing Co. – (NYSE: TSM) Up 21.82% Year-Over-Year – Invest Now
  5. Semrush Holdings Inc. (NYSE: SEMR) – Up 96.52% in YTD Gains – Invest Now

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Best Companies to Invest in – Reviewed

1. Apple Inc. (NASDAQ: AAPL) – Up 9.35% in YTD Gains

Best Companies to invest in - AAPL

Best Companies to invest in - AAPL

68% of retail investor accounts lose money when trading CFDs with this provider.

Apple is one of the best tech companies to invest in right now. This tech giant has grown to be one of the largest blue-chip stocks on the NASDAQ exchange with a market cap of $2.34 trillion. It specializes in digital consumer products and cloud computing services. In fact, it is one of the world’s largest technology businesses in terms of sales, as well as one of the most valuable. Apple’s products and services are still very much intertwined in mainstream culture. 

Apple Stock Riding Bullish Fundamentals

Last week, on Monday the 11th of October 2021, Apple’s stock hit a new high. The tech stock reached $144.72 rising by 1.78% in the space of just one hour. With its stock price so high, investors are questioning how much room for growth the company still has. Moreover, with the new iPhone 13 models now on sale, market analysts are expecting record-high revenue growth by the end of Q4 2021. 

Apple recently announced that it will publish its earnings report for the fourth fiscal quarter of 2021 on Thursday 28th October 2021. According to an official Apple press release, in its Apple Reports Third Quarter Results it revealed that “The Company posted a June quarter record revenue of $81.4 billion, up 36 percent year over year, and quarterly earnings per diluted share of $1.30.” 

Apple’s CFO, Luca Maestri also said: 

“Our record June quarter operating performance included new revenue records in each of our geographic segments, double-digit growth in each of our product categories, and a new all-time high for our installed base of active devices. We generated $21 billion of operating cash flow, returned nearly $29 billion to our shareholders during the quarter, and continued to make significant investments across our business to support our long-term growth plans.”

So, is Apple one of the best companies to invest in? 

Firstly, Apple boasts unwavering loyalty from its vast pool of consumers. Needless to say, this steadfast loyalty is likely to play a key part in spurring further growth and sales. 

Moreover, Apple stands to be a huge player in modeling the development and rollout of 5G technology via its iPhones and iCloud services. Be sure to also read our best 5G stocks guide.  With this in mind, will you be adding Apple (NASDAQ: AAPL) to your investment portfolio today? 

68% of retail investor accounts lose money when trading CFDs with this provider.

2. SoFi Technologies Inc. – (NASDAQ: SOFI) Up 55.49% in YTD Gains

Best Companies to Invest in - SOFI

Best Companies to Invest in - SOFI

68% of retail investor accounts lose money when trading CFDs with this provider.

Sofi Technologies is a member-centric, digital financial services company allowing clients to borrow, hold, spend, invest their funds. Sofi Technologies operates via three segments which include: lending, its technology platform, and financial services. With SOFI stock currently riding an uptrend, most analysts consider this tech stock a good buying opportunity. Widespread appeal for the company’s services is continuing to grow. 

Further analysis of the SOFI stock

The company’s membership has more than doubled to 2.56 million, according to its most recent quarterly figures. The total services and products jumped 123 percent year-over-year. In addition, SoFi’s acquisition of Golden Pacific Bancorp may hasten the process of obtaining a national bank charter. 

SoFi will undoubtedly benefit from a national bank charter. This would allow the company’s most lucrative section, the lending platform, to grow significantly. As such, will you be investing in SOFI stock on the recent uptrend? 

68% of retail investor accounts lose money when trading CFDs with this provider.

3. Alphabet Inc. (NASDAQ: GOOGL) – Up 58.10% in YTD Gains 

Best Companies to Invest in - GOOGL

Best Companies to Invest in - GOOGL

68% of retail investor accounts lose money when trading CFDs with this provider.

Another one of the best companies to invest in is Alphabet Inc. You’ll be more than familiar with this tech company’s services and products such as Google Search, YouTube, Google Cloud, Gmail, and more. Alphabet is having an exceptional year. Namely, GOOGL stock has grown by 58.10% year-to-date (YTD). Regardless, the tech giant is not winding down.  

In-depth analysis of GOOGL stock

Alphabet recently made headlines when it announced plans to deploy its own CPU chips in smartphones and Chromebook computers. This could work towards minimizing reliance on third-party components while also developing a more integrated tech ecosystem for users. 

Waymo, the company’s autonomous car initiative, is now available to the general public in San Francisco. In exchange for reviews, the company is providing free rides. In Phoenix, Waymo has about 300 self-driving vehicles on the road. If the test pilot proves to be a success, it could drive further growth. GOOGL currently has a market cap of $1.82 trillion and a P/E ratio of 29.59. 

Will you be adding GOOGL stock to your watchlist in light of recent developments?

68% of retail investor accounts lose money when trading CFDs with this provider.

4. Taiwan Semiconductor Manufacturing Co. – (NYSE: TSM) Up 21.82% Year-Over-Year

Best Companies to Invest in - TSM

Best Companies to Invest in - TSM

68% of retail investor accounts lose money when trading CFDs with this provider.

As you can guess, Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is a manufacturer of semiconductors. It operates on a global scale, covering most of Asia, Europe, and North America, and produces over 10,000 items for more than 500 clients. TSM is a semiconductor manufacturer that makes the world’s smallest and most advanced chips for major companies like Apple and Qualcomm.

More analysis on TSM stocks

TSM’s revenue increased by 17.5 percent in the past year to $4.5 billion. According to the Wall Street Journal, the tech company also intends to increase prices by 10%. TSM is reportedly…

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