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An increasing dependency on cloud services and the growing popularity of wireless infrastructure have been boosting the industry’s growth. Investors’ interest in tech stocks is evidenced by the Technology Select Sector SPDR Fund’s (XLK) 19.2% gains over the past six months.
Hence, we think it could be wise to bet on quality technology stocks Trimble Inc. (TRMB), ZIM Integrated Shipping Services Ltd. (ZIM), Diodes Incorporated (DIOD), and Matson, Inc. (MATX). These stocks are expected to deliver substantial returns based on consistent innovations, diverse product portfolios, and strong sales growth.
