3 Strong Buy Tech Stocks You Should Be Considering Right Now

Not to become annoyingly existential, but technology is everywhere, and has, without a doubt, impacted our daily lives. Market leaders like Amazon (AMZN - Free Report) , Apple (AAPL - Free Report) , Facebook (FB - Free Report) , and Google (GOOGL - Free Report) dominate the industry with consumer-favorite products. Just take Apple’s latest Keynote event, where the company unveiled a slew of new products that will have people standing in long lines just to get their hands on them.

But this is nothing new. While we may all be slaves to our smartphone, the least we could do is invest in an industry that right now, is one of the best performers out there. Despite its volatility and risk—the tech sector is impacted by the ebb and flow of changing trends and consumer demand just like anything else—technology is a profitable area to out your money in, with plenty of high growth and good value options.

The Technology Select Sector SPDR Fund (XLK - Free Report), for instance, has gained nearly 22% so far this year, while the Vanguard Information Technology ETF (VGT - Free Report) is up over 25%. And today, we’ve highlighted three tech stocks that sit at a #1 (Strong Buy) on the Zacks Rank, and boast strong growth and value fundamentals.

1. Micron Technology Inc. (MU - Free Report)

Micron is a leading global semiconductor manufacturer that produces dynamic random access memory chips (DRAMs), static random access memory chips (SRAMs), flash memory, and other memory modules. Notably, Micron has been moving away from the PC business over the years, and now has thriving mobile, networking, and embedded systems.

In its most recent quarter, Micron surprised investors with an overall strong report, beating estimates on both the top and bottom line. Most impressively, revenues soared 92% year-over-year, and net income came in at $1.6 billion compared to a $215 million loss in the year-ago quarter.

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