List of Tech Stocks

Microsoft is one of the largest publicly traded companies in the world, with a market cap exceeding $3T. One of its flagship products is Microsoft Office, a suite of productivity applications that includes Word, Excel, PowerPoint, and Outlook. The company’s operating system, Windows, powers the majority of personal computers worldwide. Microsoft also offers cloud-based services such as Microsoft 365 and Azure. Its portfolio includes the Xbox gaming console, Blizzard Entertainment, LinkedIn, GitHub, and Microsoft Copilot, one of ChatGPT’s biggest competitors.

Microsoft has many diversified revenue streams, but some are more important than others. Its Office products and services and Azure Cloud Services are the company’s biggest revenue components and are growing faster than the others. The company is well-positioned to keep growing and maintaining its leadership in the tech sector.

Dividend yield: 0.71%, $0.75 quarterly

NVIDIA is a leading semiconductor company that has experienced exponential growth in recent years, driven primarily by its dominance in the AI chip market. Its stock price increased by more than 1,770% in the last five years. Tcompany’sy’s data centers, accelerated computing platforms, networking solutions, and other software services account for 77% of its revenues. It has grown by more than 200%. YoNVIDIA’s graphic segment isn’t as important in revenue or growth but remains an important part of its business, especially in the gaming and professional visualization markets.

NVIDIA’s dominance in the AI chip market is due to its strong partnerships with major technology companies (Amazon, Microsoft, Google, Dell, Lenovo, and more) and continued investment in cutting-edge technologies. Every year, it’s revenue and financial performance strengthen. I wouldn’t be surprised if it keeps growing and reaches new heights in the quarters and years to come.

Dividend yield: 0.018%, $0.04 quarterly

Broadcom is also a leading semiconductor and infrastructure software company. Its growth may not be as impressive as NVIDIA’s, but it remains far superior to your average stock. The company’s semiconductor segment represents 79% of its total revenue. Broadcom is making a lot of progress thanks to its AI technology. One of its major focuses is to expand its software business to new heights in the upcoming years. As the demand for chips increases, Broadcom’s technology will be more in demand.

One of Broadcom’s major advantages compared to NVIDIA is its dividend distribution. The company generates billions in free cash flow, which it uses to spoil its shareholders. Its stock dividend has grown from $0.44 per share in 2011 to $5.25 per share in the most recent quarter.

Dividend yield: 1.57%, $5.25 quarterly

Oracle is one of the largest enterprise technology companies thanks to its software, Oracle Database. The company’s cloud services and license support segment accounts for 77% of its total revenue, with a strong 13% YoY growth. On the other hand, Oracle’s cloud infrastructure business provides less revenue but is growing 66% YoY. 

Like many of its peers, it is shifting its focus to AI technologies. However, Oracle has disappointed many analysts. Its license revenue has decreased YoY, and its cloud and AI business hasn’t provided the expected results. If it can jumpstart its AI segment, you can expect stronger results in the upcoming quarters.

Dividend yield: 1.29%, $0.40 quarterly

Cisco is a leading global provider of networking equipment and technology solutions. Most of its sales are generated by networking software and hardware (IoT, security, networks, and collaborations). Most of Cisco’s revenues come from the Americas (59%) and Europe (27%). 

Unfortunately, Cisco is no longer the company that it once was. The company’s stock has lost 10% of its value in the last five years as it is transitioning its business model towards more recurring and predictable revenue sources. Cisco continues to invest in innovation to increase demand for its networking, security, and cloud-based solutions.

Dividend yield: 3.24%, $0.40 quarterly

We all know Adobe‘s logo from that PDF you always open, and sometimes it takes an eternity to load. Pleasantries aside, Adobe is a leading global software company that provides a wide range of digital media and digital marketing solutions. The company’s digital media segment accounts for 80% of the company’s revenue. It includes its Creative Cloud suite, Photoshop, Illustrator, InDesign, and Premiere Pro. 

Like most companies in the tech sector, Adobe is working to implement AI in its technology. It is developing Adobe Sensei and Firefly to generate images and automate various tasks. It is steadily incorporating various AI tools into its existing products. This should help the company distinguish itself from its competitors (Canva and Microsoft) and reaccelerate its revenue growth.

Dividend yield: n/a

Texas Instruments began by providing seismographic data for the petroleum industry. It has since evolved into a leading manufacturer of electronic components and devices such as semiconductors. Another example of their products is the calculator you used back in school. 

Texas Instruments may be building fancy gadgets, but its stock price isn’t impressed by them. It is down around 7% in the last 12 months and has stagnated since 2021. This is due to a decline in revenue and EPS in 2023. The company is also facing increased competition and industry challenges. There may be some challenging times for the company unless it can address these issues.

Dividend yield: 3.05%, $1.30 quarterly

Salesforce is a leading customer relationship management (CRM) software and services provider. The company has established itself as a dominant player in the CRM market, offering a comprehensive suite of cloud-based solutions for businesses of all sizes. The subscription and support segment, which includes cloud services, software licenses, and related technical support, represents the largest chunk of yearly revenue.

Guess what? Salesforce also has a fancy name for its AI-powered assistant, Einstein. It helps Salesforce become the CRM industry leader by delivering targeted customer engagement and personalized experiences. The company’s focus on AI and its personalized approach has helped the stock to double since the beginning of 2023.

Dividend yield: 0.53%, $0.40 quarterly

IBM is a multinational technology and consulting company with a diverse portfolio of products and services. It is known for its mainframe computer systems and IT and consulting segments. Its revenues are well-segmented between software, consulting, and infrastructure. 

The company is focusing on its hybrid cloud and AI technology. They are two of its most transformational products and can help clients in various applications. IBM’s AI-powered Watson platform can analyze large amounts of data in the fields of healthcare, finance, and customer service. Its strong portfolio ranks it among the top companies globally regarding revenue and brand recognition. Don’t sleep on IBM.

Dividend yield: 3.52%, $1.66 quarterly