The 75 Best Tech Stocks For 2020We scan the market daily to find awesome, growing tech stocks to add to your portfolio.
Technology Stocks With High Growth and Strong Capital For 2020
The technology sector was volatile in 2019, and continues to be in 2020.
Especially given recent disruptions in the global economy as a result of the Coronavirus outbreak.
There were some investors on wall street that started losing confidence in tech stocks altogether. So what’s in store for technology stocks during the rest of 2020? No one knows for sure, but most analysts agree… the technology sector is still one of the best places to find stocks ready for explosive growth.
But the key will be finding tech companies that have a unique product offering, and an engaged customer base.
It's also important to find technology companies that are well capitalized, and in a position to ride out an extended period of economic downturn.
Technology changes rapidly, and competition is fierce to build and deliver the next big disruptive innovation. It’s important to find tech companies with a strong market share and competitive advantage.
Using the DiscoverCI Stock Screener, we scan the stock market for the top tech stocks meeting the following criteria:
- Revenue Growth and Earnings Growth Greater Than 10%,
- Market Cap Greater Than $200 million,
- Debt to Equity Ratio Less Than 1.00, and
- Current Ratio Greater Than 1.50.
Companies meeting our criteria are high growth companies with strong EPS and Revenue metrics, are well capitalized without too much debt, and have a lower risk of cash shortfall due to high liquidity.The list is sorted by market cap from high to low. Below are the 75 best tech stocks to buy in 2020.
We update this list daily. Last updated: October 23rd, 2020