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7 Technology Stocks That Will Lead the Sector Going Forward in 2020 - 1 of 8

7 Technology Stocks That Will Lead the Sector Going ForwardNo sector suffered the wrath of investors more than the tech sector. When volatility returned to the market, stocks of technology companies dropped. First, it was the FAANG stocks in the summer and then the broader tech selloff in the fourth quarter. Was this a sign that the growth of the sector in 2017 was simply a bubble, or was it the result of a natural, albeit significant, correction? Unlike the early 2000s, this one looks more like a correction and that means there should be some positive growth in the sector for investors who know where to look.

One area to look at is the nascent 5G technology. As smartphone manufacturers look to bring this technology to market in a new generation of smartphones, there are companies that provide the technology that makes these connections work and they will be the winners as this technology moves into the adoption phase. Another area to look at is companies that make their business through cloud services. While some established companies have taken a revenue hit as they moved away from selling the hardware and infrastructure that came with their product, the move towards a subscription base is providing – in many cases – more predictable revenue streams.

And you can’t forget about social media which will continue to expand and change the way customers receive and send information. The company we list in this report may not be the one you expect, but it is one that may have figured out how to monetize its user base.

Click the "Continue to Slide #2" button view the first company.

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