3 Technology Stocks You Should Know About

The NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) has had a solid year to date (YTD), up 19.31 percent while the NASDAQ HealthCare Index (NASDAQINDEX:IXHC) has had a rockier year, down 18.21 percent YTD. The latter is perhaps not such a good short-term prospect but long-term could swing back.
An overview of the fintech ecosystem from BI Intelligence examines the evolving relationship between incumbents and fintechs. “Fintechs are no longer viewed exclusively as a threat, nor can they be ignored. They are increasingly viewed as partners, but that narrative alone is too simple – in reality, a more nuanced connection is taking hold.” These stocks are examples of modern mindsets taking advantage of practical applications of new technologies.
In an interview with Money Talks, PI Financial Managing Director for Technology Blake Corbet put a spotlight on these 3 Vancouver-based tech stocks:  
TIO Networks (TSXV:TNC) delivers cloud based services so that customers can pay bills with immediate effect, through a variety of payment channels. They position themselves particularly for the LMI (low to moderate income) and underbanked markets. PI Financial analysts have given TIO a BUY rating with a target price of $3.35 so now is a good time to invest. They have completed phase one of integrating with Softgate Systems which has prompted a new corporate structure for TIO, now split into three ‘business units’ in order to focus on different strategic sections. These are Biller and Agent Solutions (processes payments), Telecom Solutions (service provider), Consumer Financial Solutions (B2C). This is one of many acquisitions for TIO.