Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

9 top computer hardware stocks to buy in 2024

Ready to invest in the computing industry? Learn how to invest in computer hardware stocks in just a few steps.

The best computer hardware stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

The top computing stocks included on this page all trade on the S&P 500, have an analyst recommendation of "Buy" or better and are sorted by year-to-date performance.

  1. Intel Corporation (INTC)
  2. Seagate Technology (STX)
  3. HP (HPQ)
  4. Logitech International (LOGI)
  5. Zebra Technologies Corporation (ZBRA)
  6. Canon Inc ADR (CAJ)
  7. Canaan (CAN)
  8. Fortinet (FTNT)
  9. Apple (AAPL)

Our top broker picks

Best for beginners

Go to site
Get up to $1,000 in stock
  • No-cost financial planning and automated investing
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees

Top pick for advanced traders

Go to site
Get up to $5,000 cash
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Best for mobile experience

Go to site
3% IRA match with Robinhood Gold
  • Earn 5% interest on uninvested cash with Gold
  • Get up to $50,000 in instant deposits with Gold
  • Easy, user-friendly trading

How to invest in computer hardware stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like INTC or STX.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into computer hardware stocks

If you're interested in investing in the computing industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. Intel Corporation (INTC)

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

Intel Corporation stock opened the day at $30.85 after a previous close of $30.62. The latest price was $31.09 (25-minute delay). Intel Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD55.2 billion and employs 130,700 staff.

  • Market capitalization: $130,387,927,040
  • P/E ratio: 31.567
  • PEG ratio: 0.4346

Back to top

2. Seagate Technology (STX)

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs.

Seagate Technology stock opened the day at $102.61 after a previous close of $102.62. The latest price was $103.08 (25-minute delay). Seagate Technology is listed on the NASDAQ, has a trailing 12-month revenue of around USD$6.3 billion and employs 33,400 staff.

  • Market capitalization: $21,834,655,744
  • PEG ratio: 0.1649

Back to top

3. HP (HPQ)

HP Inc. provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services worldwide. The company operates through three segments: Personal Systems, Printing, and Corporate Investments.

HP stock opened the day at $36.10 after a previous close of $36.24. The latest price was $36.37 (25-minute delay). HP is listed on the NYSE, has a trailing 12-month revenue of around USD$53 billion and employs 58,000 staff.

  • Market capitalization: $36,167,671,808
  • P/E ratio: 12.4865
  • PEG ratio: 8.5131

Back to top

4. Logitech International (LOGI)

Logitech International S. A. , through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.

Logitech International stock opened the day at $96.55 after a previous close of $97.17. The latest price was $96.11 (25-minute delay). Logitech International is listed on the NASDAQ, has a trailing 12-month revenue of around USD$4.3 billion and employs 7,300 staff.

  • Market capitalization: $14,889,361,408
  • P/E ratio: 24.8346
  • PEG ratio: 1.5729

Back to top

5. Zebra Technologies Corporation (ZBRA)

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.

Zebra Technologies Corporation stock opened the day at $297.71 after a previous close of $296.64. The latest price was $300.01 (25-minute delay). Zebra Technologies Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD$4.4 billion and employs 9,750 staff.

  • Market capitalization: $15,253,051,392
  • P/E ratio: 58.8571
  • PEG ratio: 0.8923

Back to top

6. Canon Inc ADR (CAJ)

Canon Inc. , together with its subsidiaries, manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. The company operates through four segments: Printing Business Unit, Imaging Business Unit, Medical Business Unit, and Industrial and Others Business Unit.

Canon Inc ADR is listed on the NYSE and has a trailing 12-month revenue of around USD$4 trillion.

  • Market capitalization: $21,965,479,936
  • P/E ratio: 12.431
  • PEG ratio: 2.9307

Back to top

7. Canaan (CAN)

Canaan Inc. engages in the research, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of artificial intelligence products, as well as mining business.

Canaan stock opened the day at $1.12 after a previous close of $1.14. The latest price was $1.11 (25-minute delay). Canaan is listed on the NASDAQ, has a trailing 12-month revenue of around USD$191.3 million and employs 445 staff.

  • Market capitalization: $326,153,984

Back to top

8. Fortinet (FTNT)

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.

Fortinet stock opened the day at $58.28 after a previous close of $57.94. The latest price was $58.56 (25-minute delay). Fortinet is listed on the NASDAQ, has a trailing 12-month revenue of around USD$5.4 billion and employs 13,522 staff.

  • Market capitalization: $44,163,256,320
  • P/E ratio: 37.539
  • PEG ratio: 1.7891

Back to top

9. Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Apple stock opened the day at $210.39 after a previous close of $209.68. The latest price was $207.49 (25-minute delay). Apple is listed on the NASDAQ, has a trailing 12-month revenue of around USD$381.6 billion and employs 150,000 staff.

  • Market capitalization: $3,285,944,107,008
  • P/E ratio: 33.3266
  • PEG ratio: 2.2932

Back to top

Bottom line

While it’s possible to turn a profit investing in computer hardware stocks, keep in mind that — like any investment — computer hardware stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the computing industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More guides on Finder

Ask a Question provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site