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3 Smart Tech Stocks to Add to Your Portfolio -Breaking

by Mike Robinson

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© Reuters. Three Smart Tech Stocks You Should Add To Your Portfolio

Technology is predicted to keep growing in the short term due to increasing remote working and smart technology solutions. It is therefore a smart move to place your bets on tech stocks that are fundamentally sound. Analog Devices (NASDAQ) VMware (NYSE), Synopsys(NASDAQ:). So, let’s evaluate these names closely.Even though investors rotated out of expensive tech stocks last month and earlier this month, the tech-heavy Nasdaq gained yesterday driven by stellar third-quarter earnings reports. According to a Factset report, more S&P 500 companies are exceeding EPS estimates for the third quarter than on average and beating EPS estimates by a wider margin than on average.

The increasing use of smart technology across multiple industries is expected to drive the tech sector to growth in the future. Wedbush analyst Dan Ives said, “We continue to believe this pressure on the tech sector is short-lived with our belief that tech stocks will be up 10% into year-end as the tech growth stories are being massively underestimated by the Street with 3Q earnings a major positive catalyst for the tech sector.”

We believe that the shares of high-quality tech companies Analog Devices, Inc., VMware Inc., and VMware Inc. (VMW) are a good investment. Synopsys Inc You can find more information at www.. (SNPS) could be solid additions to one’s portfolio.

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