4 Best Tech Gear Stocks To Own This September By StockNews
© Reuters. 4 stocks of state-of-the-art computer equipment to own in September
The pursuit of remote working and digital transformation is expected to boost the demand for computer hardware. Therefore, fundamentally healthy stocks in this space, Dell Technologies (NYSE :), Canon (CAJ), Toshiba (OTC 🙂 and Lenovo (LNVGY), should deliver strong returns over the coming months. So, let’s discuss these names. As plans to reopen offices are delayed due to the resurgence of COVID-19 cases, an extension of remote working is expected to keep demand for IT equipment. Additionally, the ongoing global digital transformation is increasing reliance on reliable hardware. As such, the global computer hardware market is expected to grow at a CAGR of 6% to reach $ 1.18 trillion in 2025.
Against this backdrop, we believe it might be wise to bet now on fundamentally healthy hardware stocks Dell Technologies Inc. (DELL), Canon Inc. (CAJ), Toshiba Corporation (TOSYY) and Lenovo Group Limited (OTC) :).
Dell Technologies Inc. (DELL)
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