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3 Soaring Tech Stocks With Amazing Dividends


Tech stocks are incredibly popular investments, and for a good reason. Technology stocks make up roughly one-third of the entire S&P 500 index, which is a measurement of the 500 biggest U.S.-based publicly traded companies. And that sector as a whole is nearly doubling the performance of the broader index so far this year.

The one argument that people could have against tech stocks is the lack of a dividend. Many tech stocks, because they are on the forefront of innovation, are plowing their profits back into the business. Either they're scaling already successful products, pouring money into research to develop the next big thing, or they are spending millions on graphics processing units (GPUs) to run their artificial intelligence (AI)-based platforms. Often, they're doing all three.

Image source: Getty Images.

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Source Fool.com

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