0R15 9365.0 -9.3856% 0R1E 8280.0 -2.4275% 0M69 None None% 0R2V 215.15 9769.2661% 0QYR 1210.5 -2.379% 0QYP 422.74 -2.1435% 0RUK None None% 0RYA 1178.0 -12.7407% 0RIH 173.9 -4.9986% 0RIH 169.25 -2.674% 0R1O 179.16 9379.3651% 0R1O None None% 0QFP None None% 0M2Z 290.0046 -0.2564% 0VSO None None% 0R1I None None% 0QZI 468.0 -5.1672% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 146.96 -5.7884%
Following are the three main industry’s themes:
Outlook for American Technology Looks Bright
The technology sector appears to be moving at a favorable pace, following a recovery in the chip market, among other factors. It is to be noted that the ongoing adoption of cloud computing solutions, driven by the growing use of AI and ML technologies, is the key positive factor. In addition, constant improvement in electronic devices and chief breakthrough enhancements might lead to continuing adoption of wearables and smart-connectivity solutions, containing smart speakers and virtual reality/augmented reality (VR/AR) devices.
Moreover, technical progress in the telecommunication sector on enhanced implementation of 5G technology and increasing attempts in the direction of modification in Internet infrastructure may act as tailwinds. In 2021, Blockchain technology shined out of the shadows of crypto currency just like bitcoin. Further, the quantum computing market may also be propelled by the increasing demand for model ability boost and simulation of complicated data.
The American Technology Report aims to cover stocks with growing fundamentals and an attractive business model to support their growth stories. The companies in technology space offer growth opportunities from a medium to long-term perspective.