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2 No-Brainer Technology Stocks to Buy Right Now

Eli GrantSaturday, Dec 14, 2024 4:53 am ET
3min read


As the tech sector continues to thrive, investors are always on the lookout for promising stocks to add to their portfolios. Two standout companies that have caught the attention of analysts and investors alike are Apple Inc. (AAPL) and Microsoft Corporation (MSFT). Both companies have demonstrated strong financial performance and growth prospects, making them attractive investment opportunities.

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers a wide range of products, including the iPhone, Mac, iPad, AirPods, Apple Watch, Beats products, and HomePod. Apple's services, such as the App Store, Apple Music, and Apple TV+, have also become significant revenue drivers. The company's strong brand and innovative products have contributed to its impressive growth and market dominance.

Microsoft Corporation develops and supports software, services, devices, and solutions worldwide. The company's product offerings include Windows, Office, Azure, and Xbox. Microsoft's cloud services, in particular, have been a significant growth driver, with Azure's revenue increasing by 50% year-over-year in the most recent quarter. The company's strong financial performance and growth prospects have made it a favorite among analysts and investors.

Both Apple and Microsoft have strong analyst recommendations, with Apple at 'buy' and Microsoft at 'trong_buy.' Their forward P/E ratios of 29.85 and 29.77, respectively, suggest reasonable valuations given their growth potential. Additionally, both companies have robust cash positions, with Apple at $65.17 billion and Microsoft at $78.43 billion, ensuring financial flexibility.



Apple's revenue growth rate is 0.061, while Microsoft's is 0.16. Both companies have impressive earnings per share (EPS) and forward EPS, with Apple at 6.08 and 8.31, and Microsoft at 12.12 and 14.95, respectively. Their P/E ratios and forward P/E ratios are also competitive, indicating strong financial performance and growth potential.



In conclusion, Apple Inc. and Microsoft Corporation are two no-brainer technology stocks to buy right now. Both companies have demonstrated strong financial performance and growth prospects, making them attractive investment opportunities. Their reasonable valuations, robust cash positions, and strong analyst recommendations further support their appeal. As the tech sector continues to evolve, these two companies remain well-positioned to capitalize on emerging opportunities and drive long-term growth.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.