2 Best Tech Stocks to Buy in December

As the year comes to a close, many investors are looking for opportunities to capitalize on the remaining trading days. The technology sector has been a standout performer in 2024, and two stocks in particular have caught the attention of analysts and investors alike. In this article, we will discuss the two best tech stocks to buy in December: Alphabet Inc. (GOOGL) and Meta Platforms Inc. (META).

Alphabet Inc. (GOOGL) is the parent company of Google, the world's most popular search engine. The company has a dominant market share in search, with a 90% global market share. This network effect creates a positive feedback loop, as more users, website publishers, and advertisers join the platform, making it even more useful and powerful. Alphabet's data advantages, thanks to its extensive reach, further solidify its market dominance. The company's strong financial performance, with a 56% revenue share from Google Search, reflects its dominant position in the market.

Meta Platforms Inc. (META) is the parent company of Facebook, Instagram, and WhatsApp, among other social media platforms. With a combined 3.29 billion daily active users, Meta's social media apps also benefit from network effects. People want to use these services because so many others are already on them, making it difficult for competitors to scale up. Like Alphabet, Meta also possesses powerful data advantages due to its extensive reach.



Both Alphabet and Meta have achieved trillion-dollar-plus market caps thanks to their wide economic moats, driven by network effects and data advantages. These companies have demonstrated impressive growth over the past five and ten years, outperforming the S&P 500. As the technology sector continues to grow, these two tech giants are well-positioned to capitalize on the ongoing trends.



In conclusion, Alphabet Inc. (GOOGL) and Meta Platforms Inc. (META) are two of the best tech stocks to buy in December. Their dominant market positions, driven by network effects and data advantages, have contributed to their impressive growth and strong financial performance. As the technology sector continues to grow, these two tech giants are well-positioned to capitalize on the ongoing trends. Investors looking to gain exposure to the technology sector should consider adding these two stocks to their portfolios.