Stocks are one of the best wealth-building tools and with the new year approaching, there is no better time to put some money to work.
Whether you are new to stocks or have experienced P for new investment ideas, here are three tech stocks that I feel comfortable buying today.
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Micro .ft
Micro .ft (Nasdaq: MSFT) The company has delivered an impressive return of 280% over the last five years, but the company’s growth opportunities in cloud services should pave the way for further gains.
Microsoft continues to experience double-digit revenue growth with the impressive results of its intelligent cloud segment, which has become the biggest business for the software giant. The main driver here is the micro .ft azure, where revenue has increased by 48% per annum during the recent quarter.
Azure continues to win new business from large companies that rely increasingly on cloud computing, among other services, to securely manage Internet Th Things devices, build cloud-based applications, and process data using artificial intelligence.
Elsewhere, Micro .ft’s consumer products continue to perform well. The number of monthly active devices using Windows 10 has doubled year-on-year in the first quarter of the fiscal year. In gaming, Xbox content and services revenue grew 30% year-over-year before the Xbox Series X / S game console launched in November. The gaming segment accounted for only 8% of total revenue in FY20, but prospects for the Xbox Game Pass subscription service could see significant growth in the Xbox business over the next decade, with 15 million members already.
Microsoft .ft is a very lucrative business and has an enviable position as a software-as-a-service provider. Of the price-to-free cash flow (P / FCF) ratio of, the stock is not expensive compared to the growth under microft and should give satisfactory returns over many years.
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Amazon
Amazon (Nasdaq: AMZN) E-commerce is predominant in Mercury, but despite being the household name at the moment, it still has a lot of potential for growth. Despite growth over the years, e-commerce still represents less than 15% of total retail spending.
The holiday should be the first quarter of Amazon’s revenue of more than 100 billion over a three-month period. Amazon reported third-year revenue revenue in the third quarter, up 37% year-over-year.
More people are shopping online shopping, which plays for Amazon’s wide selection, fast shipping and excellent customer service power. Consensus analysts estimate that Amazon will receive billion 119 billion in revenue in the fourth quarter, an increase of 36% year-over-year.
Amazon has recently seen a higher engagement of the Prime member as people take advantage of gronline grocery delivery from across the Foods market. Management also said in its latest earnings report that international engagement with Prime Video grew by 80% in the third quarter over the year, praising the inevitable pull of Prime membership.
If we choose Microsoft’s growth prospects in cloud services, we should love Amazon more, as Amazon Web Services controls the No. 1 spot in the Cloud Infrastructure Services market and makes the most of Amazon’s operating profit.
Amazon is more expensive than Micros .ft, which trades at a P / FCF ratio of 64, but Amazon is growing very fast and has a long runway of growth. Amazon is one of my biggest holdings, and I would be comfortable adding more shares to today’s price levels.
Unity Software
Unity Q Software (NYSE: U) Is the backbone of many top video games made for mobile, console and PC. It is the leading platform for creating and managing interactive real-time 3D content, and it is growing rapidly, with revenue growing 53% year-over-year in the third quarter.
The stock completed its initial public offering fur in September and has already risen 127%. It’s a high flyer that can be volatile in the short term, which is sometimes similar to growth stocks, but there are good reasons for investors to be bullish.
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The કમાં 5,175 billion investment in Unity stock is a testament to the continued growth of the video game industry, but it is also a play on the general use of create software to design and create products across the economy. In addition to assisting game makers, Unity’s platform is also used by filmmakers, industrial designers, artists, architects and other professionals.
The company estimates that the address market for its platform is currently about 29 29 billion. But the amazing thing about Unity is that the management platform sees the potential for more use cases than it currently does. Some new cases of this use include autonomous driving simulation and aged reality applications.
The main benefits that Unity offers to customers are similar to those that grow in the cloud business of Micro Cloud Ft – a cost-effective and time-saving solution compared to options. For example, with Unity, game makers will have to create the game only once before launching it on many platforms like PC, Nintendo Switch, Xbox, PlayStation, Mobile and Virtual Reality.
Unity also provides solutions to help game creators monetize their content from game purchases and advertising, this is how more video game companies are spending their revenue these days.
Although the growth potential is huge, investors are looking to start a slightly smaller position in the stock right now. Unity has a market value of 42 42 billion. Those times 48 74 million are worth 48 times the 12-month revenue back. However, the company’s growth should justify that valuation over time, but keep in mind that stocks could fill the void in the near term.
