Technology sector is one of the fastest growing sectors in the United States of America. According to economic experts ,US technology sector is expected to grow with a healthy rate of 8 % in the year 2016. Technology revenue is also expected to show an improved growth of 4.3 % in the same year.This trend will positively affect the tech stocks as it will improve the overall reputation and earning capacity of the technology companies.We are giving a brief overview of top tech companies and also giving reasons why should investors buy stocks of these companies.All the companies will be ranked according to their different important performance metrics in the list.
Amazon is one of the most successful E-commerce companies in the world.Its stock price has showed a growth rate of 55.62 % in last one year.Its earning per share is 1.24 for the last year.Its current P/E ratio is 470.07.Its revenue has been growing at very good annual rate of for last three years.Amazon has market capitalization of $ 278.96 billion at the NASDAQ stock market.Its EBITD was 8.17 % for the year 2015.
International Business Machine
IBM is one of the most successful and innovative technology companies in the world .Its revenue has been growing at very good annual rate of for last three years.Its P/E ratio is 10.87 in the current year.Its current Eps is 13.62.Its stock price was growing at a negative rate in the year 2015 but made a very good recovery in last few months of year 2016.Its current market capitalization is $ 144.68 Billion at the New York Stock exchange.
Ebay is one of the most popular technology companies in the world.It is currently trading at a very good P/E ratio of 15.22 at the NASDAQ stock market.Experienced stock investors like George Soros are very upbeat about the eBay stock.They are recommending everyone to buy this stock this year.Investor should buy and hold this stock to reap benefits from their investments.Its market capitalization is approx $ 28.03 billion and its current Eps is 1.60.
Facebook is the most popular social networking website in the world.Its stock price has been growing with a very steady growth rate of 26.40 % for the last one year.Its revenue has been growing at a very good rate for last three years.Its current P/E ratio is 86.64 and it has earning per share of 13.62 .Its share trading volumes are also showing great improvement in last few months. Its market capitalization is approx $ 322.60 billion at NASDAQ stock market.
Alphabet is one of the most successful and popular companies in the world. Its stock price has showed growth of 25.66 % in last one year.Its earning per share was 22.82 for the last year. Its revenue has been growing at very good annual rate for last three years.Its current PE ratio is 33.08.Its market capitalization is approx $ 511.18 billion at NASDAQ.
Cisco is the biggest networking company in the world.Its share price has shown a growth rate of 1.108 % in last one year.Its current P/E ratio is 13.85.It is offering earning per share of 2.02.Its revenue has been growing at very good annual rate for last three years.Its market capitalization is approx $ 139.11 billion at NASDAQ.