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Top IT Stocks that have Outperformed Others in 2021

You know who leads the market today and that is the businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other areas related to information technology that make up the technology sector (IT).

Companies with the world’s greatest market capitalizations, such as Apple Inc. (AAPL), Microsoft Corp. (MSFT), and Amazon.com Inc., are all part of this sector (AMZN). Over the last year, technology equities have outperformed the overall market.

So, here are some of the best-performing IT stocks in the market for the year 2021.

Fortinet Shares (Ticker Symbol: FTNT)

The Fortinet Shares have come from 203.90 USD to 335.29 USD in the first half of 2021.

Fortinet is a cybersecurity company that distributes solutions, services, and support to small and medium-sized businesses, enterprises, and government agencies. Unified threat management appliances, firewalls, network security, and Security Fabric, the company’s security platform, are among its offerings.

The majority of the company’s services revenue comes from FortiGuard security subscriptions and FortiCare technical support. Products accounted for 37% of revenue, and services accounted for 63% of sales at the end of 2019. The California-based corporation sells its products all over the world, with the Americas accounting for 43% of total sales in 2019.

Oracle Shares (Ticker Symbol: ORCL)

Oracle Shares went from 74.50 USD to 98.25 USD in the first six months of 2021.

Oracle is a database company that also sells enterprise resource planning (ERP) software to businesses globally. Oracle, which was founded in 1977, was the first commercial SQL-based relational database management system. Oracle now has 430,000 clients in 175 countries, with 136,000 people to serve them.

Gartner Shares (Ticker Symbol: IT)

The Gartner Shares have gone from 197.63 USD to 324.51 USD in the first six months of 2021.

Gartner, based in Stamford, Connecticut, conducts independent research and analysis in the fields of information technology and allied businesses. Clients receive reports, briefings, and updates based on the company’s research.

Chief information officers and other business executives who assist organizations plan their IT budgets are typical clientele. In 2007, Gartner provided consultancy services and held approximately 80 IT conferences throughout the world.

Nvidia Shares (Ticker Symbol: NVDA)

The Nvidia Shares went from 154.78 USD to 227.26 USD in the first six months of 2021.

Nvidia is the world’s top manufacturer of graphics processing units, which improve the user experience on computing systems. The company’s chips are utilized in a wide range of applications, including high-end gaming PCs, data centers, and automobile infotainment systems.

In recent years, the company has shifted its focus away from traditional PC graphics applications like gaming and toward more complex and lucrative opportunities like artificial intelligence and autonomous driving, which take advantage of the high-performance capabilities of the company’s graphics processing units.

Applied Materials Shares (Ticker Symbol: AMAT)

The Applied Materials Shares have gone from 137.30 USD to 144.09 USD in the first six months of 2021.

Applied Materials is the world’s leading provider of semiconductor manufacturing equipment, offering materials engineering solutions to assist in the production of practically every chip in the world. With the exception of lithography, the firm’s technologies are employed in practically every key process step.

Chemical and physical vapor deposition, etching, chemical mechanical polishing, wafer- and reticle-inspection, critical dimension measurement, and defect-inspection scanning electron microscopes are crucial instruments.

Intuit Shares (Ticker Symbol: INTU)

The Intuit Shares have gone from 418.29 USD to 590.80 USD in the first months of 2021.

Intuit is a company that makes accounting software for small businesses (QuickBooks), personal tax software (TurboTax), and professional tax services (Lacerte).

Intuit, which was founded in the mid-1980s, controls the bulk of the small-business accounting and DIY tax-filing software industry in the United States.

CDW Shares (Ticker Symbol: CDW)

The CDW Shares have gone from 183.11 USD to 191.47 USD in the first six months of 2021.

CDW Corp is a value-added reseller based in the United States (95% of sales) and Canada (5 percent ). The company’s card line includes over 100,000 goods ranging from laptops to data center applications.

CDW’s revenue is generated mostly by midrange and large corporations, with the remainder coming from small firms, government agencies, educational institutions, and healthcare organizations.

Motorola Solutions Shares (Ticker Symbol: MSI)

The Motorola Solutions Shares have gone from 190.20 USD to 249.53 USD in the first six months of 2021.

Motorola Solutions is prominent communications and analytics company that primarily serves public safety departments, as well as schools, hospitals, and companies.

The majority of the company’s revenue is generated by sales of land mobile radios and radio network infrastructure, although it also offers surveillance equipment and dispatch software.

Government entities account for 75% of Motorola’s revenue, with commercial clients accounting for the other 25%. Motorola has clients in over 100 countries and in all 50 states.

NetApp Shares (Ticker Symbol: NTAP)

The NetApp Shares have gone from 77.15 USD to 92.74 USD in the first six months of 2021.

NetApp is a market leader in enterprise data management and storage solutions. Products, software maintenance, and hardware maintenance are the company’s three operational business segments.

NetApp evolved from a data center storage startup to a provider of software data management solutions for multi-cloud settings. The firm, based in California, sells internationally and employs around 10,000 people.

Zebra Technologies Shares (Ticker Symbol: ZBRA)

The Zebra Technologies Shares have gone from 498.50 USD to 527.92 USD in the first six months of 2021.

Zebra Technologies is a prominent enterprise provider of automated identification and data collection equipment. Barcode printers and scanners, mobile computers, and workflow optimization software are among its offerings.

The company primarily services the retail, transportation logistics, manufacturing, and healthcare areas, creating tailored solutions to increase client productivity.

Conclusion

Tracking the hottest tech stocks is a fantastic way to see what the market loves, but if you want to invest in some of these businesses, you need to do your homework and understand what you’re getting into. So get your heads around what kind of tech stacks you are going to invest in, and know your grounds in the market.