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Growth is starting to slow, although the delta variant surge may drive consumers away from stores once again. Amazon expanded total sales by 27% in the second quarter of 2021 to $113.5 billion, an incredible feat for such a large company. Amazon has thrived as consumers shifted hard toward e-commerce, even as rivals such as Walmart ( NYSE:WMT) and Target ( NYSE:TGT) stepped up their e-commerce game. The pandemic has been mostly positive for the tech industry.
These companies dominate their industries, and their stocks have produced impressive returns over the past few years.
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Alphabet ( NASDAQ:GOOG) ( NASDAQ:GOOGL) is the parent company of online search giant Google and the popular Android operating system for smartphones.įacebook, Amazon, Apple, Netflix, and Alphabet (Google) are sometimes grouped together as the FAANG stocks. The company sees virtual reality as its future. Facebook ( NASDAQ:FB) is the largest social media company, with more than 2 billion daily active users across Facebook, Instagram, Messenger, and WhatsApp. Netflix ( NASDAQ:NFLX) is the top dog in the video streaming industry, spending billions of dollars each year on content to keep its ever-growing subscriber base hooked. Cisco Systems ( NASDAQ:CSCO) is the dominant provider of the enterprise networking hardware that forms the backbone of the internet. The company is betting big on manufacturing, with plans to make chips for other companies. Intel designs and manufactures central processing units (CPUs) for PCs and servers, as well as specialty chips for uses such as artificial intelligence. 
Intel ( NASDAQ:INTC) is one of the largest semiconductor companies in the world. Intense customer loyalty ensures plenty of repeat customers, and a growing array of services makes Apple’s ecosystem sticky. Apple ( NASDAQ:AAPL) makes the iPhone, the iPad, and Mac computers. Microsoft is also the second-largest provider of cloud infrastructure behind Amazon. BEST STOCK APP FOR MAC DESKTOP SOFTWARE
Microsoft ( NASDAQ:MSFT) is a dominant software company known for its Windows PC operating system and Office productivity software. Founder Jeff Bezos stepped down in July, opening a new chapter for the dominant tech company. 
( NASDAQ:AMZN) is the leading online retailer and the leading provider of cloud computing infrastructure. These are some of the most dominant and impressive tech stocks that investors should consider in the fourth quarter: Many of the most valuable companies in the world are technology companies.
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