There are more than 1,100 technology companies traded on public markets in the United States. Many of these companies are household names, like Apple, Amazon, and Netflix, but there are thousands more technology stocks that most investors have never heard of. Given the sheer volume of software companies, computer equipment makers, consumer tech providers, social networks, and other tech stocks, it can be very hard to identify which tech companies are likely to outperform the market.
Fortunately, Wall Street's brightest minds have already done the hard work for us. Every year, equities research analysts issue approximately 15,000 distinct "buy" and "sell" recommendations for technology companies. Analysts don't always get their "buy" ratings right, but it's worth taking a hard look when top-rated analysts from different research firms are giving "strong buy" and "buy" ratings to the same tech stock.
This presentation highlights the 7 technology companies that have the highest average analyst recommendations from Wall Street's equities research analysts over the last 12 months.
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Continue to Slide #1" button view the top-rated company.