Top Three Tech Shares to Acquire in August
In the dynamic world of technology, three companies—ASML, CrowdStrike, and ServiceNow—are making significant strides, each capitalizing on unique growth opportunities.
ASML: The Pillar of the Semiconductor Industry
ASML, the world's leading supplier of photolithography systems, reported strong Q2 2025 results with a revenue of €7.7 billion, a gross margin of 53.7%, and an order backlog of €33 billion. The company aims for a 30% EUV revenue growth in FY25, supporting overall revenue growth of about 15%. However, ASML has expressed caution regarding 2026 due to macroeconomic and geopolitical uncertainties. Analysts have revised earnings estimates upward for both FY25 and FY26, though FY26 growth is projected to be modest at 1.5%. ASML's stock trades at just 25 times next year's expected earnings, suggesting an impressive projected growth trajectory.
CrowdStrike: Essential in Digital Defense
CrowdStrike, a company renowned for its strong cybersecurity solutions, is expected to turn profitable again on a GAAP basis in fiscal 2027 and more than triple its net income in fiscal 2028. Its cloud-based approach is more scalable and less resource-intensive compared to older cybersecurity companies. In its latest reported quarter, 48% of CrowdStrike's customers used at least six of its Falcon platform's cloud-based modules, up from 44% a year earlier.
ServiceNow: The Catalyst for Digital Transformation
ServiceNow, a cloud-based company that helps large companies automate digital workflows, is generally known for its robust platforms for enterprise service management. Analysts expect ServiceNow's revenue and GAAP EPS to grow at compound annual rates of 19% and 28%, respectively, from 2024 to 2027. ServiceNow's Now Assist AI platform uses generative AI chatbots and automation tools. The company's stock is considered a great play on the secular growth of the cloud and AI markets, despite its high valuation.
A Thriving Market
All three companies operate in sectors with significant growth opportunities. ASML is central to the semiconductor industry, with AI and chip production driving demand. CrowdStrike benefits from rising cybersecurity needs. ServiceNow is positioned to capitalize on digital transformation trends.
For precise details on CrowdStrike and ServiceNow, additional market research or specific financial reports would be necessary. However, these companies' resilience, innovation, and growth potential make them worth watching in the ever-evolving tech landscape.
Investing in these dynamic tech companies, ASML, CrowdStrike, and ServiceNow, could provide lucrative opportunities due to their operation in sectors with significant growth, including the semiconductor industry, cybersecurity, and digital transformation. ASML's stock trades at a moderate 25 times next year's expected earnings, suggesting an impressive projected growth trajectory. On the other hand, CrowdStrike is expected to return to profitability in the future and more than triple its net income, and ServiceNow's stock is seen as a great play on the secular growth of the cloud and AI markets, despite its high valuation. Finance analysts have revised earnings estimates upward for both ASML and CrowdStrike for the upcoming years.
