These companies are poised to make waves in the tech industry in 2019.
Nvidia
Nvidia is a graphics processing unit (GPU) manufacturer. It specializes in creating high-end graphics processors for the gaming and professional markets, as well as artificial intelligence (AI) technologies. Nvidia has been a leader in the development of self-driving cars, which rely on AI technology to operate safely on roads without human input.
Nvidia’s share price has increased over 50% since January 2018 and is up more than threefold since 2016. The company has also posted strong earnings growth throughout this period; its trailing twelve months’ earnings per share (EPS) growth rate stands at 35%.
Nvidia’s most recent quarterly report showed strong revenue growth due to demand for its GPUs used by cryptocurrency miners as well as AI applications such as autonomous vehicles, medical imaging systems and robotics controllers
Micron Technology
Micron Technology is a memory chip company based in Boise, Idaho. The company was founded in 1978 and has over 10,000 employees. Micron’s CEO is Sanjay Mehrotra.
Micron’s stock price has risen nearly 70% over the past year due to increased demand for its memory chips used in smartphones and other devices as well as strong sales of its products from Apple Inc., which uses them to make iPhones and iPads.
Advanced Micro Devices
AMD is a chipmaker that makes processors for computers, servers and graphics cards. The company has been in the news recently because of its new chips for data centers. AMD’s stock price has been rising steadily in the past year as it improves its products and expands into new markets like cryptocurrency mining.
Facebook is a social media platform that allows users to create profiles, post status updates and photos, join groups, chat with friends and family, play games and use its search engine.
Facebook was founded in 2004 by Mark Zuckerberg with his college roommates Dustin Moskovitz (co-founder) and Chris Hughes (co-founder).
It has 2 billion active users per month as of September 2018 with over 1 million advertisers globally. The company has a market cap of $500 billion as of October 2018 with revenues over $55 billion in 2017 alone.
Apple Inc.
Apple Inc. (AAPL) is one of the largest and most valuable companies in the world. With a market cap of $1.1 trillion and an annual revenue of $265 billion, Apple stock has been one of the top tech stocks to watch over the last decade.
In 2019 alone, AAPL has risen 19%, making it one of 2019’s biggest gainers so far. This is partly due to analysts raising their price targets on Apple’s shares following its recent earnings report–the second quarter saw sales growth accelerate thanks largely to strong demand for iPhones and services like Apple Music and iCloud storage space.
These are the tech stocks to watch in 2019.
- Apple is the largest company in the world by market cap, and it’s easy to see why. It’s not just that Apple makes great products; it’s that they have an unparalleled ability to sell them. The iPhone remains an industry leader, with over 1 billion sold since its inception in 2007. And even though it hasn’t been updated since last year (the XS was released this fall), people are still buying them at a rapid pace: In Q4 2018 alone, Apple sold over 80 million iPhones! That’s more than twice as many as Samsung and Huawei combined–and those two companies aren’t exactly slouches themselves when it comes to smartphone sales either.
- Facebook has also been performing well lately thanks largely due its success with Instagram Stories (now having 400 million daily users). This new platform allows users share short clips rather than full videos; while this may seem like just another Snapchat clone on its face value alone there are several key differences between these two social media platforms which make them less similar than one might think upon first glance including their purpose behind being created – Snapchat was originally designed as a way for millennials who grew up during digital revolution era where everyone had access computers/smartphones etc whereas Instagram was created specifically targeted towards Generation Zers who were born after 1995 therefore meaning older generations would not get as much enjoyment out of using this particular platform .
The tech stocks to watch in 2019 are Nvidia and Micron Technology. The two companies are expected to do well in 2019 because of their strong fundamentals and potential for growth. They have also been performing well over the past few weeks, which means that they may be good buys right now if you want exposure in this sector.
