3 Tech Stocks to Buy That Are Riding the Waves of the Future

Technology

Published: May 16, 2016 8:25 am

Last Updated: January 13, 2020 8:01 am

It is hard to believe how something so new and important ends up becoming passé so quickly. Ten years ago the thought that a smartphone that could do almost everything a personal computer could do was unthinkable, especially since the smartphone was still being invented.

Technology in all its forms constantly changes and evolves, and those who fail to change often end up in the technology graveyard.

These days, while some of the older school tech companies are getting hit on their over exposure to certain areas like personal computers (PCs), other companies continue to innovate and pull ahead of the pack.

In a new research report from Jefferies, the analysts highlight three companies that are doing just that, and posting outstanding earnings as well.

Electronic Arts

This company is a leading video game developer that should benefit from not only the continuing rise in new console sales, but also the rising trend of mobile gaming. Electronic Arts Inc. (NASDAQ: EA) produces top-selling games and related content and services under the EA brand in various categories, including action-adventure, role playing, racing and first-person shooter games.