It seems like every day we get good news about progress on a vaccine for coronavirus.
Unfortunately, a vaccine could mean headwinds for some of this year's favorite tech stocks.
Even though these companies are great, their stock prices have gotten a little overheated, which means it's best for investors to avoid buying them right now.
It seems like every day we get good news about progress on a vaccine for coronavirus.
Unfortunately, a vaccine could mean headwinds for some of this year's favorite tech stocks.
Even though these companies are great, their stock prices have gotten a little overheated, which means it's best for investors to avoid buying them right now.
The line between man and machine is getting blurrier, and it's making tech investors wealthier.
The Internet of Things (IoT) describes the growing connectivity of everyday objects via the Internet.
Wearables and other smart mobile devices can fall into this category, but the network of IoT devices is expanding beyond what we could have imagined years ago.
Now is the time to look at the best Internet of Things stocks for 2021.
If you've been following the logic of the markets lately, it's telling us a coronavirus vaccine is bad news for tech stocks.
The Dow rallied over 1,000 points on the news that Pfizer (NYSE: PFE) has announced its COVID-19 vaccine is more than 90% effective.
But the tech-heavy Nasdaq is down 2% on the week.
Many stay-at-home stocks like Zoom (NASDAQ: ZM) and Peloton Interactive (NASDAQ: PTON) stumbled on the news and are down double digits on the hopes of returning to normal life.
Zoom plunged over 25% by mid-week.
Many have compared the current run in tech stocks to the Dot-com bubble.
Excessive speculation on internet companies drove share prices up until the market peaked in early 2000, then the whole thing came crumbling down.
I'm here to tell you this is not the case today.
Far from it.
And it's giving us the opportunity to invest in some of the best tech stocks on the planet for absurd discounts.
2020 has been the year of the technology explosion.
The coronavirus pandemic has accelerated advances in cloud computing, remote working and learnings, e-commerce and several other segments of the technology marketplace.
A decade worth of adoption took place in a matter of weeks as we were all stuck at home.
While income investors may feel left out of the technology explosion, that doesn't have to be the case.
In fact, I'm going to show you two of the best tech stocks with high dividends right now.
That's right.
You get the explosive growth potential of tech stocks with the added income of a dividend stock.
That's a win-win.
Here are my three favorites...
There was one clear winner in Tuesday's election, and I'm not talking about the presidency.
Legal sports gambling swept victories everywhere it was on the ballot.
Voters approved sports gambling by a wide margin in Louisiana, Maryland, and South Dakota by comfortable margins.
It seems people love to bet on sports, and states love the tax revenues sports betting can generate.
And with the market rallying again, the best sports gambling stocks are due to surge even higher.
PayPal stock has been one of the biggest winners of 2020, but investors are starting to cool off on the stock after its latest earnings report.
That’s a huge mistake.
This is one of the most innovative companies on the market and the sky is the limit for this tech stock.
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Many investors in Big Tech stocks were likely concerned when they heard that the Department of Justice had filed am antitrust suit against Google.
After all, antitrust rumors have dogged every Big Tech company for years.
But now it looks like regulators are getting serious.
While thing may look ominous, the chances are very good the Big Tech companies won't feel much pain from antitrust actions.
In fact, investors may well come out ahead…
Rich investors are taking advantage tech stocks right now.
According to Dataroma, a website that tracks 68 of the world's top billionaire portfolio managers like Buffett, Marks, Ackman and more, five of the top stocks rich investors own are Facebook, Google, Microsoft, Amazon, and Apple.
This is unsurprising, as these are some of the biggest and most popular stocks in the world.
What is more interesting and useful for retail investors like us, however, are the stocks they're buying now that are flying under the radar.
Thanks to the SEC filings billionaire portfolio managers are required to submit quarterly, we can track exactly which companies these are.
This will give you an advantage over most investors because you're essentially getting inside info on the stocks the big guys are buying that other people don't know about yet...
When it comes to investing, it's difficult to find the next big thing.
Companies like Amazon (NASDAQ: AMZN), Zoom (NASDAQ: ZOOM) and Teladoc (NYSE: TDOC) have all been media darlings, but I'm focusing on a completely different space.
The fact is, consolidation is fueling growth in the semiconductor market.
That's why we have seen as much M&A in the semiconductor market this year as we have had in the past three years combined.
These deals are creating cross-sell opportunities and improving manufacturing as they scale up.
While these deals I just mentioned were the largest semiconductor deals of the year, I'm looking at what could be one of the biggest opportunities as two more companies join forces.
Here's why that makes AMD stock one of my favorite tech plays right now...
The economy was hit hard by a global pandemic in 2020, but the tech sector didn't just survive, it's now more essential than ever.
And it's making folks a lot of money.
Small businesses have opened digital storefronts with Shopify (NYSE: SHOP), meetings are conducted on Zoom (NASDAQ: ZM) and remote health has become necessary with companies like Teladoc (NYSE: TDOC) leading the charge.
These companies are up 165%, 640% and 175% just this year.
This is all in the face of a 35% drop in the market earlier this year and an economic recession.
But this is just the start for some of the best tech stocks on the market and 2021 could be a breakout year.
Ever hear that joke about a Starbucks on every corner? It starts to make sense when you realize that there over 15,000 locations across the United States.
But that pales in comparison to the over 80,000 full-service bank branches.
Add in ATM machines and now you are at almost half a million locations where you can get cash.
The funny part about that, is even though there are so many locations to get cash, I can't remember the last time I walked into a bank and I can imagine you are thinking the same thing.
That's more than a simple shift in consumer preferences.
It's a massive trend in fintech that could push the best financial stocks even higher...
The TikTok drama is nearing its end now that Oracle (NYSE: ORCL) has won the bid for the coveted social media app, beating out Microsoft (NASDAQ: MSFT) and Walmart (NYSE: WMT).
Shares of Oracle popped more than 7% higher on the news.
But does that make Oracle stock a buy? .
Here's what you need to know...
According to market research firm OnePoll, three in four people are using more streaming services since the coronavirus came to the U.S and the average person has logins to four streaming services.
But this is only the tip of the iceberg as the industry rapidly evolves.
Netflix's 80% jump since March attests to that.
But despite the continued cord-cutting, millions of households still turn on the cable box and watch traditional TV.
When you run a marathon, it's better to focus on the finish line rather than each breath or stride.
That was the first thing that came to mind last week as the tech heavy Nasdaq dropped roughly 7% and Apple saw $180 billion erased from its market valuation on Thursday, the most any U.S.
company has ever lost in a single trading day.
Focusing on the finish line is important not just in sports but also the stock market.
While the tech selloff hammered markets over the last week, it is important to look at the bigger picture and look at the move as a healthy pullback for a bull market.
Most investors would salivate over finding a tech sector growing at a 30% annual clip.
They'd be getting even more fired up if it was getting an even bigger boost from lockdowns and work from home setups.
And you could imagine the response if one of the hottest IPOs of the year was giving investors a chance to get in on the ground floor in this industry.
This isn't just a hypothetical, it's really happening in the video game industry.
