This post was originally published on this site
Moreover, consistent advancements in artificial intelligence (AI), the internet of things (IoT), and the cloud space are expected to help the industry grow further in upcoming months. According to a Research and Markets report, the global IT services market is expected to grow at a CAGR of 8.02% to reach $1.12 trillion by 2026.
So, it could be wise to bet on quality tech stocks such as Gartner, Inc. (IT), Qorvo, Inc. (QRVO), and Silicon Motion Technology Corporation (SIMO). They generate solid profit margins and are expected to deliver solid returns in the upcoming months.
