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The ongoing digital transformation and increasing use of cloud computing, artificial intelligence, and other advanced technologies should keep driving the technology industry’s growth. According to GoRemotely, the tech industry is expected to hit a $5 trillion market value by year’s end.
And given the continuing low-interest-rate environment, we think it could be wise to bet on quality small-cap tech stocks Gilat Satellite Networks Ltd. (GILT), Benefitfocus, Inc. (BNFT), and CyberOptics Corporation (CYBE). These stocks are rated B (Buy) in our POWR Ratings system.