Published on 16 Sep 2023 on Insider Monkey via Yahoo Finance
In this piece, we will take a look at the 12 best affordable technology stocks to buy now. If you want to skip our primer on how to select affordable stocks and the technology sector, then check out 5 Best Affordable Tech Stocks To Buy Now.
Technology stocks are some of the favorites when it comes to investor and media attention. Most of this interest is due to the fact that technology as a whole has transformed human civilization in unimaginable ways in just a handful of decades. This transformation covers corporate and personal use cases, with the technological 'revolution' for these take place in phases.
On the corporate front, big data analysis and computerized databases picked up the flow in the 1990s when firms such as SAP SE (NYSE:SAP) and Oracle Corporation (NASDAQ:ORCL) introduced enterprise computing software platforms that transformed the manner in which firms could do business. The companies' enterprise resource planning (ERP) software products were something that Henry Ford would have envied, as they allowed managers to plan material flow and production systems to utilize the inventory at hand for maximum profitability.