Stocks

Fund Manager with 88% Returns Showcases Key Tech Stock Picks for 2024

Published February 12, 2024

In the dynamic realm of technology investment, exceptional fund managers differentiate themselves with outstanding performance and strategic foresight. Ivana Delevska's technology ETF stood out spectacularly in 2023, delivering a remarkable return of 88%, outpacing 99% of competitors in the sector. As the financial world turns its gaze towards 2024, Delevska has shared her confidence in three tech stocks that she believes will continue to exhibit strong performance. The stocks in focus are Nvidia Corporation NVDA, Zscaler, Inc. ZS, and Snowflake Inc. SNOW, each a leader in its respective niche within the tech industry.

Nvidia Corporation: Powering the Next-Gen Graphics and AI

Nvidia Corporation NVDA, headquartered in Santa Clara, California, remains a dominant force in the design of graphics processing units (GPUs) which are essential for gaming and professional markets. The company's forward-thinking expansion into system on a chip units (SoCs) for mobile computing and automotive industries positions it as a pivotal player in advancing AI and edge computing technologies.

Zscaler, Inc.: Securing the Cloud Frontier

As more organizations transition to cloud-based operations, cybersecurity has catapulted into a critical concern for businesses globally. Zscaler, Inc. ZS, rooted in San Jose, California, stands as a vanguard in cloud security offerings. The firm's solutions are designed to enable safe digital transformation and provide enhanced protection against a landscape of evolving cyber threats.

Snowflake Inc.: Revolutionizing Data Analytics

With an insatiable demand for data-driven decision making, Snowflake Inc. SNOW, based in San Mateo, California, offers an innovative cloud-based data platform. Their services aim to enable organizations across various sectors to harness the full potential of their data assets through Snowflake's powerful and flexible data storage, compute, and analytics solutions.

Technology, Investment, Performance