Moore’s law states that computer technology doubles about every two years. With technology advancing this fast, it makes sense that people want to put money into up and coming companies that can deliver the next best thing and share the profits.
When it comes to tech, you don’t have to limit yourself to software companies. Social media websites, digital imagery companies, and other tech companies are viable options and all offer unique ideas that you could easily cash out on if you invest a bit of money.
Not sure where to start? Check out this list of six business tech companies that are a good idea to invest in.
Forbes.com rates LinkedIn as the number one fastest growing tech company in 2013, and they also hit the top of the charts in 2012. In the past 12 months, their sales growth increased by 80 percent. The second highest sales growth on the list measured only 45 percent.
Plus, in the last three years, its average sales growth tops at 102 percent while Facebook only comes in at 87 percent. If you want to get in with one of the fastest growing tech companies, LinkedIn is your best bet.
Apple hit number three on Forbe’s fastest growing tech companies list, which reports that in the last 12 months Apple made $169.1 million in sales. Out of the 25 companies on the list, that’s the most sales. The second highest sales came from Google, which ended up with under a third of that at $53.5 million.
Not only is Apple one of the fastest growing tech companies, but it has some really neat ideas up its sleeve. These advanced gadgets could up its sales even further, making it a wonderful time to invest. What can you expect from Apple in the near future? While Apple doesn’t divulge its secrets too far ahead of time, experts speculate that we’ll see Smart TVs from Apple by the end of 2013, and that by fall 2014 people will be wearing Apple’s SmartWatches and enjoying a larger screen iPhone.
Not sure exactly how to go about investing in a large technology business like this? Read more about investing in technology and variable annuities information online.
Shutterfly is another excellent company to invest in and offers a unique idea compared to the other tech companies on the list. Shutterfly is an online photo printing service that prints personal photos in photo books, on pillows, on reusable shopping bags, on unique frames, and more.
The company came in at number nine of Forbe’s list of fastest growing companies in 2013. The Forbes article shows that in the last 12 months, Shutterfly earned $666 million in sales, which is more money in sales than five companies placed higher on the list.
Perhaps you’re interested in investing in eco-technology. If that’s the case, you might consider investing in Columbia Green. Forbes.com puts Columbia Green on their list of five women-led tech companies to invest in — and rightly so.
The company recently installed eco roofs for Walmart, but its projects are more diverse than that. They have a patent for the AVRS Tray System; the world’s only interlocking vegetative roof system. With many people turning toward green technologies, it makes sense to invest in a green roof company like this that specializes in storm water management technology.
Perhaps Intel isn’t the top software company out there, but InvestmentU puts it as one of the best tech stocks of 2013 because stock is cheap and you can expect a 5 percent dividend. But don’t let that scare you away; Intel has a lot to offer. It recently revealed new technology to aid in the efficiency of cloud data centers. Plus, in May 2013, it introduced a chip that would give laptops 50 percent more battery life, says DigitalTrends.com. With these new technologies, Intel is showing promise for the future.
TheStreet.com put together a list of the 10 top IT stocks of 2013, and Sapient Corp made the top of the list and was the only one to receive an “A” rating. It’s a services company that focuses on marketing and technology to help others advance their business. Plus, its stocks are doing well. As they put it, “Sapient’s ultimate objective is to make our clients more profitable,” and that goes for its investors, too.
Whatever area of tech you choose to invest in, these suggestions are great places to start your investment journey.
Alicia Rades has been freelance writing since 2010 and has written countless articles on a variety of subjects. When she’s not working for clients, she’s usually updating her blog at TheWritingRealm.com or working on other writing projects.Stock Options: 6 Business Tech Companies to Invest In