3 Computer Hardware Stocks to Buy This Summer

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In the digital era, the use of internet of things (IoT), artificial intelligence (AI), and cloud-based products and services is expected to keep increasing, which will foster a growing need for computer hardware. According to The Business Research Company, the global computer hardware market is expected to grow at a 9.4% CAGR to hit $944.09 billion in 2021.

So, we think it could be wise to bet on the shares of established computer hardware companies Dell Technologies Inc. (NYSE:DELL), Western Digital Corporation (NASDAQ:WDC), and NetApp, Inc. (NTAP). These companies have the potential to capitalize on the industry’s growth.

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