RBC Capital Markets Investment Bank has published Imagine: 2025. It is a portfolio of 75 stocks, calculated for the next 10 years. The Bank assumes that these assets will be more reliable in the long term than those referred to in common recommendations, selected with an eye to the coming year..
To create such an unprecedented list, Mark Harris, head of the global research department, asked analysts to identify the shares of technology companies that they believe will be the most effective and confident in the coming decade..
It is worth noting that RBC Capital Markets conducted a rare, uncharacteristic study, focused on the long-term prospects of the technology sector. The bank believes that it challenged the traditional market approach by encouraging stock managers and investors to be more creative in analyzing the situation..
We suggest you familiarize yourself with a list of 15 companies that, according to RBC experts, have the best prospects.
[Note: Stock prices and indicators in the article are indicated at the time of publication. You can see the current stock prices in a special widget at the end of the text.]
1. Synopsys [NASDAQ: SNPS]
• Stock Price: $ 89.19
• Sector: Communications equipment and semiconductors
• Annual dynamics: + 0.4%
The largest CAD company for electronics design. This is the only player who will benefit from the costs of artificial intelligence in the coming years. Despite the fact that industry leaders and outsiders may change in the next 7 years, RBC is convinced that the demand for CAD tools will continue. So Synopsys is in business.
2. NVIDIA [NASDAQ: NVDA]
• Stock Price: $ 247.53
• Sector: Communications equipment and semiconductors
• Annual dynamics: + 20.5%
Despite problems with TPUs, NVIDIA remains a leader in the artificial intelligence industry and does not see strong competitors next to it. In addition, the company has good support in the form of the gaming industry and great prospects in the direction of unmanned automotive.
3. Amazon [NASDAQ: AMZN]
• Stock Price: $ 1755.00
• Sector: Internet
• Annual dynamics: + 44.8%
Shares of technology companies can not do without this. Together with Google, Amazon has invested the most in AI development and has a strong infrastructure in Big Data and Compute Power. This will allow the company to remain at the forefront of the development of artificial intelligence and machine learning. In addition, AMZN has the largest total target market volume, which includes retail, cloud technologies, advertising, delivery and logistics, business solutions, etc..
4. Alphabet A (ex Google) [NASDAQ: GOOGL]
• Stock Price: $ 1,171.46
• Sector: Internet
• Annual dynamics: + 6.4%
Google, like Amazon, has the world’s largest resources for the spread of artificial intelligence and machine learning. The company has an extremely strong position in the advertising market. Experts also see Alphabet’s good prospects for cloud services and unmanned vehicle software.
5. Facebook [NASDAQ: FB]
• Stock Price: $ 202.54
• Sector: Internet
RBC experts believe that Facebook has achieved great success in the areas of artificial intelligence and machine learning, wisely using its resources and scope. Facebook uses its groundwork to analyze text, target ads, demographic classification, sort news, track violations. These are just some of the AI / ML practical examples that say companies have a lot to do in the next 10 years..
6. NetFlix [NASDAQ: NFLX]
• Stock Price: $ 418.65
• Sector: Internet
• Annual dynamics: + 103.8%
Among all the stocks of technology companies, this video streaming service shows one of the fastest and highest growth rates. In addition, NetFlix is considered by experts as a single whole with most large Internet companies in terms of developing AI / ML. Given a subscriber base of 120 million people, the company has more than enough resources to apply these technologies.
Today, NetFlix uses artificial intelligence to target, promote content, optimize prices, program marketing, and improve the quality of streaming video. One of the company’s experiments is the creation of software-edited trailers personalized in such a way that viewers have a greater desire to watch a movie.
7. Micron Technology [NASDAQ: MU]
• Stock Price: $ 54.18
• Sector: IT equipment and semiconductors
• Annual dynamics: + 25.6%
An American multinational corporation known for its semiconductor products. All roads in the Imagine: 2025 study lead to artificial data creation, which naturally provides opportunities for manufacturers of computing equipment. Micron is expected to stay afloat due to the highly developed production of DRAM and NAND memory chips.
8. Apple [NASDAQ: AAPL]
• Stock Price: $ 187.88
• Sector: IT equipment and semiconductors
• Annual dynamics: + 8.2%
Everyone sees that Apple has good opportunities to expand its services due to the development of the AR / VR industry from the hardware side..
9. ServiceNow [NYSE: NOW]
• Stock Price: $ 187.18
• Sector: Software
• Annual dynamics: + 31.2%
This company is engaged in cloud computing. RBC experts believe that ServiceNow is forced to incur large expenses for the development of automation and machine learning, but these investments are already starting to pay off. In addition, the company has no real competition in its sector.
10. Splunk [NASDAQ: SPLK]
• Stock Price: $ 102.08
• Sector: Software
• Annual dynamics: + 17.4%
Splunk is positioned as a hybrid cloud data management platform that can use massive data sets and do machine learning better than most competitors. Along with the growth of the company and industry, which is likely to continue in the coming years, SPLK is becoming one of those tech assets that should not be forgotten..
11. Microsoft [NASDAQ: MSFT]
• Stock Price: $ 101.98
• Sector: Software
• Annual dynamics: + 15.8%
Microsoft is an oversized hybrid cloud platform with a wide field for experiments in the fields of artificial intelligence, the Internet of things, games and a host of other areas. What could go wrong?
12. Salesforce [NYSE: CRM]
• Stock Price: $ 145.25
• Sector: Software
• Annual dynamics: + 30%
Salesforce is an advanced CRM software provider. In addition, the company receives and uses opportunities for the development, implementation and expansion of its products with a focus on the automation of other processes.
13. Visa [NYSE: V]
• Stock Price: $ 138.15
• Sector: Payments, processors and IT services
• Annual dynamics: + 16.0%
Stocks of technology companies cannot but include well-known payment solutions. VISA is at the center of the largest modern payment flows, amounting to more than $ 200 trillion. New markets and technologies, such as b2b, the Internet of things, push payments, are expanding and provoking changes in society and the world, in which VISA will obviously be among the most successful brands. According to many experts, VISA serves as a marker of trust around the world, due to which it can capture a disproportionate share in new cash flows..
14. MasterCard [NYSE: MA]
• Stock Price: $ 203.84
• Sector: Payments, processors and IT services
• Annual dynamics: + 29%
The opinions of RBC Capital Markets experts regarding MasterCard are similar to assumptions about the prospects of the VISA payment system. Both companies will certainly be involved in the development of new industries and payment flows. In addition, they develop their own products and technologies, integrating into the Internet of things – a technical area generated by the fourth industrial revolution..
15. PayPal [NASDAQ: PYPL]
• Stock Price: $ 86.25
• Sector: Payments, processors and IT services
• Annual dynamics: + 11.7%
PayPal is the champion in the field of democratized finance in the world, the development of which is largely supported by the digitization of retail and financial services. The company applies scaling and a unique two-way model (in relations with both consumers and sellers), providing full control over the user experience. RBC Capital Markets expects a growing platform to open to more than 2 billion people worldwide who lack quality financial services.
Similar articles
- What cryptocurrency to buy – the 7 best cryptocurrencies to buy
Cryptocurrencies do not leave the world economy, but continue to develop. And there remains the opportunity to earn a lot of money by investing in…
- Yandex (consumer Internet services)
The use of artificial intelligence Digital intelligence has ceased to be something fantastic and futuristic. There are more and more areas in which…
- How robots help people in different areas of life
In a world undergoing the fourth industrial revolution, much becomes automatic. There are robots that work in factories and simplify…
What factors should be considered when selecting technology stocks that have the potential for long-term growth over a 10-year period?
What are the top technology stocks that you would recommend for the next 10 years?