Investing in technology stocks can be a lucrative opportunity for retail investors, but with so many options out there, it can be overwhelming to determine which ones are worth your attention. Luckily, Wall Street analysts have done some of the legwork for us and have identified 12 new technology stocks with promising potential.
First on the list is Everbridge Inc. (EVBG), a software company specializing in critical event management. The company’s stock has gained over 140% in the past year, and analysts believe it has room for even more growth. Another top pick is CrowdStrike Holdings Inc. (CRWD), a cybersecurity firm that has seen a 250% increase in its stock price since its IPO in 2019.
Some other notable names on the list include Zoom Video Communications Inc. (ZM), the popular video conferencing platform that has seen a surge in demand due to the pandemic, and DocuSign Inc. (DOCU), a company that provides electronic signature and digital transaction management services.
While these 12 stocks may have the stamp of approval from Wall Street analysts, it’s important for retail investors to do their own research and consider their risk tolerance before making any investment decisions. It’s also worth noting that past performance does not guarantee future success, and the tech industry can be volatile, so it’s important to diversify your portfolio.
In conclusion, while it can be daunting to navigate the world of technology stocks, these 12 picks from Wall Street analysts can serve as a starting point for retail investors looking to add some potential winners to their portfolio. Just remember to always do your own due diligence and consider your risk tolerance before making any investments. Happy investing!