If you want to bet on future, tech stocks are the right place to start. With sophisticated technology solutions and ever-growing customer base, Salesforce.com, Inc. (NYSE:CRM), Facebook Inc. (NASDAQ:FB), and LinkedIn Corp (NYSE:LNKD) are the top bets in the technology sector. Together these three companies have a market capitalization of over $250 billion and a strong future growth expectation.
Salesforce.com, Inc. (NYSE:CRM) offers enterprise-level cloud computing solutions to a wide variety of businesses and enterprises throughout the world. The company has a market capitalization of $36.58 billion with institutional ownership of 97.90%. Salesforce.com, Inc. (NYSE:CRM) is expected to grow its EPS by 28.38% in the next 5 years. In the last five years, its stock prices have increased in access of 350% with current price of $59.09. Second quarter 2014 was excellent for the company with revenue of $1.32 billion and non-GAAP earnings per share of $0.13.
According to the second quarter 2014 financial results of Facebook Inc. (NASDAQ:FB), the social networking site has 1.32 billion users. The company has a market capitalization of $194.54 billion with 66.20% institutional ownership. Facebook Inc. (NASDAQ:FB) is expected to grow its earnings per share by 37.15% in the next 5 years and its share prices have nearly doubled since its public offering in May 2012. It is the biggest social networking site in terms of number of users and net monthly active users. Facebook Inc. (NASDAQ:FB) reported revenue of $2.91 billion with GAAP net income of $791 million for the quarter.
LinkedIn Corp (NYSE:LNKD) is the world’s largest professional network with a market capitalization of $27.75 billion. Its EPS is expected to grow by 37.73% in the upcoming 5 years and the company has an institutional ownership of 87.00%. Its share prices have increased by 142% since its public offering in May 2011. LinkedIn Corp (NYSE:LNKD) is all set with new range of marketing products and content solutions for professionals. The company reported revenue of $534 million for the quarter with adjusted EBITDA of $145 million for the quarter.
This article has been written by Prakash Pandey.
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