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The tech industry is expected to grow significantly in the foreseeable future due to the increasing applications of advanced tech solutions across several industrial sectors and the continuing remote working trend. Wedbush analyst Dan Ives believes there will be a $2 trillion digital transformation opportunity over the long term, which could boost the tech industry’s growth by impacting the consumer and enterprise tech ecosystem.
Against this backdrop, we think it could be wise to add large-cap tech stocks Marvell Technology, Inc. (MRVL) and Dell Technologies Inc. (DELL) to one’s watch list because they have been hitting new price highs.
