5 Best Tech Stocks To Invest In Right Now.

Below are the 5 best stocks to invest in right now. For a comprehensive list see 10 Best Tech Stocks To Invest In Right Now.

5. Zoom Video Communications, Inc. (ZM)

The video communication company Zoom Video Communications, Inc. (NASDAQ: ZM) is among the 10 best tech stocks to invest in, according to Philippe Laffont.

Although the hedge fund manager sold 1% of Zoom’s stake in the latest quarter, the investment still accounts for 5.92% of the overall portfolio. Zoom Video Communications stock has been among the best performers of 2020 amid a rally of 500%.   

Hedge funds have raised their positions in the pandemic darling Zoom Video Communications during the third quarter. Here is what Bill Nygren from Oakmark Funds stated:

“The biggest newcomer to the large-cap list this year was Zoom Video Communications. The company has a market cap of $134 billion and sells at nearly 100 times trailing sales. With so many people working from home, video conferencing has been a lifesaver.”