Looking to invest? European tech companies stocks that are soaring high right now

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Fortunately, we have made through the first half of 2020! However, the next half of the year looms with numerous questions about the global economies amid this COVID-19 pandemics

Right now, the global stock market took a complete beating, but there is a popular saying in the world of investing – market crashes should be seen as opportunities to lap up quality stocks. This may prove right even now as well. 

If you are a first-time investor (preferably looking for long term) and don’t want to be a ‘Robinhood trader’, then you are in the right place. While Tesla, Hertz, and others are trending, we tell you which European companies you should put your money on. 

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Image credits: Adyen

Adyen (Amsterdam, Netherlands)

Founder: Pieter van der Does

Funding: €233M

Stock symbol: AMS: ADYEN

Adyen is a payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos, and L’Oreal.

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Image credits: Spotify

Spotify (Stockholm, Sweden)

Founders: Daniel Ek, Martin Lorentzon

Funding: €2.3B

Stock symbol: NYSE: SPOT

Spotify is a commercial music streaming service that provides digital content from a range of record labels and artists. The streaming platform is available on mobile device platforms such as Android, Blackberry, Boxee, iOS, Linux, MeeGo, Squeezebox, Windows mobile, and more. To date, Spotify is the most popular global audio streaming service with 286 million users, including 130 million subscribers across 79 markets.

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Image credits: ASML

ASML holdings (Veldhoven, Netherlands)

CEO: Peter Wennink

Stock symbol: SWX: ASML

ASML is the provider of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits or chips. 

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Image credits: Takeaway.com

Takeaway (Amsterdam, The Netherlands)

Founder: Jitse Groen

Funding: €766M

Stock symbol: AMS:TKWY

Takeaway.com is an online food delivery marketplace in Continental Europe and Vietnam. With over 31,000 connected restaurants, Takeaway.com offers consumers a wide variety of food choices. The group mainly collaborates with delivery restaurants.

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Image credits: TeamViewer

Teamviewer (Göppingen, Germany)

Founder: Tilo Rossmanith

Funding: NA

Stock symbol: ETR: TMV

TeamViewer is a cloud-based all-in-one solution for remote access, support, collaboration, and desktop sharing over the internet. As per the company claims, TeamViewer has been activated on more than 2 billion devices and more than 45 million devices are online at any time. Founded in 2005 in Goppingen, Germany, the company employs about 800 people in offices across Europe, the United States, and the Asia Pacific.

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Image credits: AMS

AMS (Unterpremstatten, Austria) 

CEO: Alexander Everke 

Funding: NA

Stock symbol: SIX: AMS

ams develops high-performance solutions for the most challenging applications in sensors, sensor interfaces, power management, and wireless. The company offers sensors (including optical sensors), interfaces, and related software for consumer, communications, industrial, medical, and automotive markets.

DISCLAIMER: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.

Main image credits: Adyen

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The editorial team of Silicon Canals brings you technology news from the European startup ecosystem. 

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