Many people think that investments, the stock market, and tech companies are not for everyone. There are just too many risks connected to buying stocks. What if you can’t return your money, or the company won’t make it in the future? These are all valid questions, but with enough knowledge and determination, you can make the right choice!
Another popular misconception is that only rich people can afford to invest in the stock market. Of course, the general rule is that you shouldn’t throw away all your money on some risky business, especially if you don’t have enough cash flow. This is why students are often scared to even start learning about expanding their financial portfolio!
In reality, even with a small sum of money, students can invest in some small tech company with great potential. Even buying a couple of stocks in the corporate giants can give you a nice return rate in the future! You might want to think about creating your financial portfolio even if you are not a millionaire. The stock market isn’t going away anytime soon!
So, still not sure how to choose a company that is worthy of your attention? Here are six tech companies students should consider investing in!
Basic investment rules for students
In case you haven’t dealt with stocks before, there are some general guidelines that are useful for beginners. Students can’t really get into many specifics because they don’t have enough time. Of course, you can try using essay writing services like EssayHub, where professional writers can help you to deal with your request “write an essay for me” and put your focus somewhere else. There will be more and more assignments you need to complete every day!
Also, you can use this simple guide to learn more about the basics of investing before actually choosing tech companies for your portfolio:
- Don’t spend your last cash. It’s not really worth the risk when you can’t spare any money, to begin with!
- Don’t put your money into something that seems too good to be true. There is no such thing as getting rich overnight!
- Think more long-term instead of a quick profit. Companies need a lot of time to bring you some return.
- Diversify. Even if you are low on cash, split it and put it into different companies.
Six best tech companies to put your money into
Now that you know the basics, you can move from words to actions. Right now, the best tech organizations are those that have a clear vision for the future. Look for something that makes you feel excited, like a solar panel company or an artificial intelligence engineering organization. In any case, you should also check the official statistics on these companies as well.
Apple Inc.
- ticker: AAPL
- sphere: consumer electronics, software
Everybody knows about Apple! Seeing as iPhones and iOS technology are not going anywhere, you can be sure that your money won’t be lost. This is a huge name in the world of technology, the same as some of the other entries on this list. It might seem a little expensive for a beginner, but you can easily buy a couple of stocks without going broke.
Amazon Inc.
- ticker: AMZN
- sphere: e-commerce, cloud computing
Another huge organization on this list, Amazon, has only been increasing its profits in the last couple of years. Unfortunately, there has also been a lot of controversy going on about supporting such corporations and not going local. But from the point of view of investing your assets, it’s a pretty safe bet, especially for a student!
Alphabet Inc.
- ticker: GOOGL
- sphere: tech conglomerate
In case you haven’t been following the tech world recently, this is the parent company of Google. It is the last entry on this list that includes a huge famous company that everybody knows about. You probably use Google on a daily basis, for example, for your studies. Some experts say that it’s better to invest in something that you are at least familiar with!
Enphase Energy Inc.
- ticker: ENPH
- sphere: green solar energy, battery energy storage, and charging stations
There is really no need to explain that the future of the energy market lies in green solutions and not in fossil fuels. Recent research shows that Enphase Energy has provided services for more than 2.5 million households across the world. This seems like a perfect chance to become a part of a green and more sustainable future!
Palo Alto Networks Inc.
- ticker: PANW
- sphere: firewalls, cybersecurity
Security and privacy are very on trend right now. Organizations that offer great solutions to any online threat are in demand, so students might consider investing in them for long-term profit. This company works on services that prevent leaks, detect online threats, and respond to them in a timely manner. Who knows, maybe you’ll be using its services soon enough!
Pure Storage Inc.
- ticker: PSTG
- sphere: data storage
If you are interested in hardware and software that is focused on data storage, this is a perfect company to invest in. The stock price is relatively low, so you can easily manage exactly how much you want to buy. Recent research shows that this organization already has more than 10,000 corporate clients across the globe, and this number will only increase in time.
To Sum Up
Now you know the basics of money investment and the top 6 tech companies students should consider putting their money into! Of course, you can always find something that fits your interests or financial assets that you can spare. In any case, you should treat this as a long-term project. If you are looking for a quick profit, this might not be the case for you!
