2 Top Tech Stocks To Buy In August Nasdaq

Bonisiwe Shabane
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2 top tech stocks to buy in august nasdaq

Written by John Ballard for The Motley Fool-> Investors looking for lucrative opportunities in the stock market are looking in the right corner. Tech stocks have significantly outperformed the broader market in recent years. For example, the Technology Select Sector SPDR ETF has nearly doubled the return of the S&P 500 since 2019. Here are two stocks with near-term growth catalysts that you should buy right now. Dell Technologies (NYSE: DELL) is widely known as a PC brand, but it's also a supplier of storage, networking, and artificial intelligence (AI) solutions for data centers.

Strong demand for AI servers has fueled Dell's business this year and sent the stock to new highs. The momentum in Dell's server business makes the stock a compelling buy right now after the recent pullback. Dell is still dependent on a sluggish PC market, where its client solutions group posted flat revenue growth in the fiscal first quarter of 2025, ended May 3. This business makes up most of Dell's total revenue, but its infrastructure group, including servers, saw a robust 22% year-over-year increase, which lifted the company's total revenue 6% to $22 billion. Dell's strong backlog of AI server orders suggests it is just getting started on this opportunity. The order backlog increased approximately 31% over the previous quarter to $3.8 billion, which shows AI servers quickly scaling into a significant revenue contributor.

Whether you're looking for growth stocks, dividend stocks, or artificial intelligence stocks, there is something for you in this incredible list. These businesses have the right combination of competitive advantages and valuation to make them attractive long-term investments. *Stock prices used were the afternoon prices of Aug. 2, 2025. The video was published on Aug. 4, 2025.

Parkev Tatevosian, CFA has positions in Alphabet, Nvidia, and Uber Technologies. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Nvidia, Pinterest, and Uber Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close. Nvidia should see another blowout quarter when it reports earnings on Aug. 27. Alphabet put concerns about its search business to rest. Taiwan Semiconductor's market share as a GPU fabricator is more than 60%.

While it's important for investors to keep a balanced portfolio, you can't afford to overlook tech stocks in this market. Tech stocks are the muscle behind U.S. markets these days, accounting for 34% of the makeup of the entire S&P 500. They are also outperformers, as the tech-heavy Nasdaq Composite is outperforming both the S&P 500 and the Dow Jones Industrial Average so far this year. The lesson here? You need to have tech stocks in your portfolio if you want to outperform the market.

Tech stocks are immensely popular these days as companies are racing to train large language models (LLMs) to customize their platforms with generative artificial intelligence (AI) offerings in order to roll out new services... You might be using an unsupported or outdated browser. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. No matter what the markets are doing, stock investors want the same thing: a stock rises in value and helps build wealth.To help you find the right stocks for your portfolio, we screened thousands... equities to create the best stocks to buy now. Our methodology includes a stock-rating system based on forensic analysis of company earnings as well as specific screeners for earnings growth and analyst ratings.

Our editors are committed to bringing you independent ratings and information. Advertisers do not and cannot influence our ratings. We use data-driven methodologies to evaluate financial products and companies, so all are measured equally. You can read more about our editorial guidelines and the investing methodology for the ratings below. Get a 1% IRA Match on contributions & rollovers. Terms apply.*

Get a 1% IRA Match on contributions & rollovers. Terms apply.* Written by John Ballard for The Motley Fool-> Tech stocks have been the place to be if you're looking for big gains. The tech-heavy Nasdaq-100 has returned 446% over the last 10 years, compared to a 221% return from the blue-chip-focused S&P 500. Tech is known for growth and innovation, so it's not surprising to see Nasdaq stocks performing better than the rest of the market.

What's even better is that many top tech stocks also pay growing dividends to shareholders, which can pad your returns over many years. If you're looking for income and growth, here's why Apple (NASDAQ: AAPL) and Texas Instruments (NASDAQ: TXN) are two great dividend-paying tech stock choices in August. Apple is one of the most valuable brands in the world. It has a loyal base of customers, and it churns out a large amount of free cash flow each year that fuels investment in new products and dividend payments to shareholders. The market is full of great deals for investors to take advantage of before 2026 arrives. Several companies are benefiting from the AI race, and these are the ones investors should be focused on scooping up right now.

At the top of my buy list are Nvidia (NVDA +1.08%), Taiwan Semiconductor Manufacturing (TSM +1.88%), Broadcom (AVGO 0.70%), and Alphabet (GOOG +0.05%) (GOOGL +0.03%). All four of these businesses have roles to play in the AI race, and each is slated to have a potentially fantastic 2026. Nvidia needs no introduction. It's the world's largest company by market cap and has risen to that point by delivering the best ecosystem for running AI workloads. Its graphics processing units (GPUs) are best-in-class, and its customers are scooping them up as fast as they can. However, Nvidia just doesn't have the capacity to meet all the demand.

CEO and founder Jensen Huang noted that Nvidia is sold out of cloud GPUs, which is incredible considering that they generated $57 billion in revenue (up 62% year over year). Demand for Nvidia's GPUs will stretch beyond 2026, and it's only going to grow to become a bigger company as the artificial intelligence race wages on. I think it's a great stock to buy now, as it's just getting started. Nvidia can't manufacture its chips, so it outsources that work to chip foundries like Taiwan Semiconductor, or TSMC, as it's also known. While some investors may worry about Taiwan Semiconductor being headquartered just off mainland China, Nvidia noted that its leading Blackwell chip is now completely made in the U.S. at TSMC factories.

Written by Harsh Chauhan for The Motley Fool-> Technology stocks have rallied impressively over the past month, evident from the 16% jump in the Nasdaq-100 Technology Sector index. Solid earnings reports from some of the sector's top names are probably giving investors confidence once again in tech stocks, which have otherwise taken a big beating so far in 2022. Today, we will take a closer look at three top tech stocks that are available at attractive valuations right now but have the potential to surge higher. Microsoft (NASDAQ: MSFT) released its fiscal 2022 fourth-quarter results (for the period ended June 30) on July 26. In constant currency terms, the company's revenue increased 16% year over year to $51.9 billion while adjusted earnings were up 8% to $2.23 per share.

The numbers were below Wall Street's expectations of $2.29 per share and $52.4 billion in revenue on account of a poor environment for personal computer (PC) sales. However, the company's outlook saved the day. Microsoft expects $49.75 billion in revenue in the current quarter, or a 10% increase over the prior-year period. The company also expects double-digit revenue and operating income growth for the year, which is impressive considering it's facing weaker PC sales, a drop in advertising spending, and Russia's war with Ukraine. The bulls raced to buy beaten-down stocks in the final week of November following the first significant pullback in months. The rapid comeback likely leaves investors looking to buy best-in-class technology stocks across artificial intelligence and beyond.

Today, we highlight two market-crushing Zacks Rank #1 (Strong Buy) technology stocks—Robinhood Markets and Celestica—that investors should consider buying in December and beyond. There are few certainties on Wall Street. What is clear is that the stock market will make us all look silly, especially if we think we can call market tops and bottoms in real time. Think of how many talking heads were pounding the table talking about how the AI bubble was starting to pop just a few weeks ago. Plenty of those same Wall Street investors were likely on TV or social media calling for a prolonged bear market back in April right before the market bottomed and went on a massive run... Stock market timing is exceedingly difficult, and more selling could be right around the corner.

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Written By John Ballard For The Motley Fool-> Investors Looking

Written by John Ballard for The Motley Fool-> Investors looking for lucrative opportunities in the stock market are looking in the right corner. Tech stocks have significantly outperformed the broader market in recent years. For example, the Technology Select Sector SPDR ETF has nearly doubled the return of the S&P 500 since 2019. Here are two stocks with near-term growth catalysts that you should...

Strong Demand For AI Servers Has Fueled Dell's Business This

Strong demand for AI servers has fueled Dell's business this year and sent the stock to new highs. The momentum in Dell's server business makes the stock a compelling buy right now after the recent pullback. Dell is still dependent on a sluggish PC market, where its client solutions group posted flat revenue growth in the fiscal first quarter of 2025, ended May 3. This business makes up most of De...

Whether You're Looking For Growth Stocks, Dividend Stocks, Or Artificial

Whether you're looking for growth stocks, dividend stocks, or artificial intelligence stocks, there is something for you in this incredible list. These businesses have the right combination of competitive advantages and valuation to make them attractive long-term investments. *Stock prices used were the afternoon prices of Aug. 2, 2025. The video was published on Aug. 4, 2025.

Parkev Tatevosian, CFA Has Positions In Alphabet, Nvidia, And Uber

Parkev Tatevosian, CFA has positions in Alphabet, Nvidia, and Uber Technologies. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Nvidia, Pinterest, and Uber Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his lin...

*Average Returns Of All Recommendations Since Inception. Cost Basis And

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close. Nvidia should see another blowout quarter when it reports earnings on Aug. 27. Alphabet put concerns about its search business to rest. Taiwan Semiconductor's market share as a GPU fabricator is more than 60%.