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3 Micro-Cap Tech Stocks to Put on Your Watchlist By StockNews

by Mike Robinson

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© Reuters. Three Micro-Captech Stocks You Should Add to Your Watchlist

Given that the need for technology solutions in every industry will only continue growing, it might be a smart move to buy micro-cap tech stocks. Computer task Group (NASDAQ:), Issuer Direct (NYSE:), and Socket Mobile (SCKT) to one’s watchlist. Continue reading to learn why. On October 4, the tech-rich Nasdaq dropped 340 points because of a decline in technology stocks led by Facebook, Inc., which fell by more than 5 percent. However, tech stocks may rise due to a stellar third-quarter earnings season.

The demand for high-tech products and services has seen a dramatic increase in the COVID-19 epidemic and is continuing to grow due to digital transformation and the remote working trend. A Forrester report predicts that U.S. technology spending will grow by 6.8% and 6% respectively in 2021, according to the company. This is good news for tech stocks.

We believe it would be smart to invest in quality micro-captech stocks Computer Task Group, Incorporated, Issuer Direct Corporation, (ISDR), Socket Mobile, Inc., (SCKT). These promising products and continual innovation are likely to result in significant returns for these companies over the coming months.

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