3 “Strong Buy” Tech Stocks – Week of 11/12

The tech industry has been one of the fastest-growing and most profitable sectors of the economy in recent years. With the increasing demand for technology products and services, investing in strong tech stocks can be a smart move for investors looking for long-term growth and stability.

Here are three “Strong Buy” tech stocks from Wall Street –

Okta, Inc. – SYM: OKTA
Recent Price: $70.84
Price Target: $91.15
Firms with Buy Rating: Jefferies, UBS, Bernstein
Description: Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta’s, a suite of products and services is used to manage and secure identities. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

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HubSpot, Inc. – SYM: HUBS
Recent Price: $462.79
Price Target: $564.96
Firms with Buy Rating: Morgan Stanley, Wells Fargo, Needham
Description: HubSpot, Inc. provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company’s CRM platform includes marketing, sales, service, and content management systems, as well as integrated applications, such as search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting. It also offers professional services to educate and train customers on how to leverage its CRM platform, as well as phone and/or email and chat-based support services. The company serves mid-market business-to-business companies. HubSpot, Inc. was incorporated in 2005 and is headquartered in Cambridge, Massachusetts.

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Lattice Semiconductor Corporation – SYM: LSCC
Recent Price: $60.21
Price Target: $72.75
Firms with Buy Rating: Keybanc, Needham, Susquehanna
Description: Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Certus and ECP, Mach, iCE40, and CrossLink. It also provides video connectivity application specific standard products. In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services. It sells its products directly to end customers, and indirectly through a network of independent manufacturers’ representatives and independent distributors. The company primarily serves original equipment manufacturers in the communications and computing, consumer, and industrial, and automotive markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon.

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