Top 5 Best Under The Radar Tech Stocks To Buy Today March 15th
These tech stocks hold huge potential, but don’t seem to be attracting the attention of investors.
Tech stocks are always tied to technological innovations and advancements to boost productivity in all industries across the globe. Technology is so influential that seven of the top 10 stocks, measured by market capitalization, all come from this industry. But the equity market has become even more volatile lately amid Russia’s invasion of Ukraine, creating even greater headwinds for already struggling tech stocks. Tech companies are apparently as plentiful as the stars in the sky. These tech stocks, with their strong fundamentals, allow tech investors to protect their funds against any economic downturn.
Analytics Insight provides a list of the top five technology stocks, according to Yahoo finance.
Current price: $7.69
Market cap: US$42.035 billion
Wipro Limited operates as a worldwide information technology (IT), consulting and business process services company. It operates through three segments: IT Services, IT Products and Indian State-Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-based services, including digital strategy consulting, customer-centric design, technology consulting, IT consulting, custom application design, and others.
Cloopen Group Holding Limited
Current price: $1.5,900
Market Cap: US$261.348 million
Cloopen Group Holding Limited, through its subsidiaries, provides cloud-based communication solutions in the People’s Republic of China. The company offers a suite of cloud-based communications solutions, which includes a communications platform as a service solution that provides application programming interfaces and software development kits to integrate messaging, calling voice, audio and video, instant messaging and other communications.
Embedded microchip technology
Current price: $68.13
Market cap: US$38.264 billion
Microchip Technology Incorporated develops, manufactures and sells semiconductors for various embedded control applications in America, Europe and Asia. The company offers 8-bit, 16-bit, and 32-bit general-purpose microcontrollers; 32-bit embedded microprocessor markets; and specialty microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interface, security, wired connectivity, and wireless connectivity applications wire.
United Microelectronics Corporation
Current price: $8.76
Market capitalization: 22.351 billion US dollars
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, USA, Europe and internationally. It operates through Wafer Fabrication and New Business segments. The company provides circuit design, mask tooling, wafer fabrication, assembly and testing services.
Himax Technologies, Inc.
Current price: $10.14
Market cap: US$1.835 billion
Himax Technologies, Inc., a fabless semiconductor company, provides display image processing technologies in China, Taiwan, Philippines, Korea, Japan, Europe and the United States. The Company operates through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers which are used in TVs, laptops, monitors, mobile phones, tablets, automotive, digital cameras, navigation automotive, virtual reality devices and other consumer electronics.
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