Business & Investment

Best Stocks to Buy Now: 5 Stocks I Snap

I think some of the best stocks to buy right now are tech-focused companies. As the world becomes more interrelated, I think the demand for technology and related services will only increase.

With that in mind, here are five tech stocks I’m snapping on right now.

The best stock to buy

The first two companies on my list Alpha Financial Software Holdings And Sage.. Both of these companies offer what I call mission-critical software.

Anyone who owns a business knows that accounting software is an essential tool for managing a company’s finances. Its position in this area has helped Sage become one of the UK’s largest tech companies.

Meanwhile, Alpha develops and manufactures software for the asset finance industry.

Both companies benefit from the fact that for many companies it is difficult to change software providers if they are already rooted in the organization. I think this is their most important competitive advantage, and that’s the main reason I believe these are some of the best stocks to buy now.

So I would buy stocks for my portfolio. The biggest challenge they are currently facing is the threat from their larger peers, especially US companies. These groups have more substantial balance sheets and more cash to spend on marketing, making them fierce competitors.

Consumer technology

In addition to increasing demand for technology in the business sector, so is consumer demand.Let’s go Dixons Carphone And Spirent Here are some of the best stocks to buy now to invest in this theme.

Dixons provides technology to consumers, and Spirent’s technology is used in 5G mobile networks around the world. I buy these two stocks because I think they offer a great way to invest in both parts of the market.

In First quarter of 2021, Spirent has secured over 180 5G technology deals from over 80 different customers. We are investing heavily to increase our market share and improve our technical expertise.

Dixons also reports strong demand for the technology. Group electricity sales increased 14% in the 51 weeks to April 24, and online sales more than doubled annually.

The main risk to the outlook for these companies is competition. Spirent needs to compete with large infrastructure providers such as: Nokia, Dixons have to fight mobile carriers such as O2. Price competition can hinder the growth of both organizations.


The last company on my list of the best stocks to buy right now in the tech sector Avast.. Cybercrime has exploded in the last 12 months, followed by demand for cybersecurity software. Avast reported a nearly 11% increase in revenue in the first quarter.

The company is investing more in R & D and expects growth to slow for the rest of the year. This is the biggest challenge the group is currently facing. Without this investment, the arms race could be delayed, Potentially lose customers..

Despite this risk, I buy stock from a portfolio of technology stocks today.

Rupert Hargreaves does not have a position in any of the listed shares. Motley Fool UK recommends Avast Plc and Sage Group. The views expressed about the companies mentioned in this article are those of the author and may differ from the official recommendations made by subscription services such as Share Advisor, Hidden Winners, and Pro. Here at The Motley Fool, by exploring different insights, Better investors than us.

Best Stocks to Buy Now: 5 Stocks I Snap Best Stocks to Buy Now: 5 Stocks I Snap

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