Do You Have These Top Tech Stocks In Your Portfolio Now?
With the hype around the reopening trade taking a breather, tech stocks appear to be on the rebound in the stock market today. This would be the case as investors looking to diversify or redistribute their assets rotate back to growth names. Evidently, the tech-heavy Nasdaq composite continues to climb towards newer heights this week. If anything, the current trajectory of tech stocks makes sense. As reopening stocks received a ton of attention for the first half of 2021, tech stocks dipped. Despite all of this, the growth story behind some of the top tech stocks remains. In theory, this could see some of them being marked as undervalued stocks in the current market.
Even now, investor interest in the tech industry continues to build. For example, medical tech company Doximity (NYSE: DOCS) saw its share prices more than double in its stock market debut last week. The online networking service for medical professionals employs tech to connect doctors with medical communities. Meanwhile, tech giant Google (NASDAQ: GOOGL) recently provided an update on its third-party ad tracking policy. Subsequently, ad tech companies such as The Trade Desk (NASDAQ: TTD) and PubMatic (NASDAQ: PUBM) gained by over 10% in the same day. By and large, the momentum in tech appears to be building again. Should all this have you keen to join the movement yourself, here are four worth knowing now.