All Eyes On These Audio and Tech Stocks: This Week’s Recommended Buys

Audio, visual, and technological innovations are some of the most exciting trends in various sectors today. How they manage to work well together with other industries is a feat in itself, and are breaking down the barriers of how traditional companies do business. Take, for example, the marriage of wearable tech and fashion, and the new products that they can come up together. Or the fusion of AV and the medical world, that translates into new instruments that can further research or treatment of diseases.
 
It’s a digital disruption unlike no other, and one that can see you through a good run in the market if you’re looking for something to bank on. Here are some strong audio and tech stocks that you might want to consider this week:

 
1. Google Inc. (NASDAQ:GOOG))
 
Much has been said about Google’s recent acquisition of Songza earlier this year for $39 million. Forbes saw it as a countermove to Apple’s purchase of Beats Electronics for $3 billion, a high-profile deal that sent a lot of tech companies scrambling to join the music streaming bandwagon.
 
Nevertheless, for the most part, the news has been very positive and well-received. Songza was previously a music streaming app that surged in popularity because of a feature that curates playlists and recommends them to users depending on their preferred genre or mood. The intuitive way by which the program interacts with the user is what made it so appealing, and Google saw the opportunity to integrate this into Google Play, its digital music service.
 
Would a Songza-YouTube integration be in the plans as well? No confirmations yet, but Rolling Stone hinted at it a few months back. All this to say – the future is surely looking good for Google. The company’s stocks closed at $547.73 on 26 November. Google has a market capitalization of $369,063.70M.
 
 
 
2. NVIDIA Corporation (NASDAQ:NVDA))
 
Confidence in NVIDIA soared high when Google partnered with the company for the development of its tablets. NVIDIA uses Tegra processors, which will now power the Google devices moving forward. It is also used in the Acer Chromebook 13, which have resulted to a longer battery life and saved energy more efficiently. This collaboration made Acer a leading Chromebook vendor earlier this year, according to a research by Zacks.com.
 
The company’s stocks closed at $20.92 on 26 November, up by 0.35 points (1.68%) from the day before. Pandora has a market capitalization of $11,368.07M.
 
 
3. Audioboom Group PLC (LON:BOOM)
 
AudioBoom continues to make waves as audio streaming usage hits an all-time high across several countries. Streaming online has been the key to how several business models have survived an ever-changing technology landscape. More and more consumers get connected to their devices lately, thus changing behaviors in how we get content.
 
Dubbed by The Sunday Times as “the YouTube for the spoken word,” AudioBoom has recorded more than eight million listens on their website to date, and is predicted to only get higher due to the company’s partnership with several big media names such as the BBC, NPR, SkySports, and more.
 
The company’s stocks closed at $12.83 on 26 November. AudioBoom has a market capitalization of $68.88M.
 
 (All stock share prices based on data from Google Finance.)