A new tech hardware upgrade cycle is under way, and with the pandemic propelling digital change like never before, this strong demand phase for devices and tech infrastructure has no end in sight. Companies that cater to this market indicated as much during earnings season.
Three such companies that look like great buys — for the rest of 2021 and for the decade ahead — are Applied Materials (NASDAQ: AMAT), Arista Networks (NYSE: ANET), and Nvidia (NASDAQ: NVDA).