logo
  Join        Login             Stock Quote

Seven Bull Stocks In Technology – Q4 Update

 November 18, 2011 12:46 PM
 


Microsoft Corp. (Nasdaq:MSFT ) – bullish on fundamental, and speculative factors .

In the last three months, the stock gained $0.72, or 2.84 percent. In the last four quarters, the company's reported EPS either met or exceeded analysts' consensus estimates. For FY 12 (July), and FY 13, my EPS estimates are $2.75, and $3.05. Several analysts are reducing their earnings estimates, but I still rate this stock a strong buy.

Never expect fireworks from MSFT shares, as it is a well-managed stock. This stock brings much needed stability to a tech portfolio. It has huge piles of cash on its balance sheet that will make several banks look like pygmies.  I think the company wants to retain enough cash so it has the strength to be able to take big risks even in the face of some economic uncertainty. Despite some people writing-off the ‘PC age', I think the company is well on its way to adapting to new realities. It is definitely a winning horse in the long run and a dark horse for Q4. The company is under pressure from investors to break the $26 to $30 per share range, and might well oblige them by making some expected as well as unexpected announcements.

[Related -Will Apple Inc. (AAPL) Join Hands With Tesla Motors Inc (TSLA)?]

Apple Inc.  (Nasdaq:AAPL) – downward revision in expectations, yet worthy of portfolio inclusion.

[Related -Apple Inc. (AAPL): Can Apple TV Succeed Post Comcast-TWC Deal?]

We drastically reduce our estimates on AAPL. The revision follows from market correction and option chain indicators. Yet, I continue to include this stock in the portfolio. Following disappointing September quarter numbers, the stock is down nearly 10 percent from its 52-week high. Nevertheless, estimates for the nearby quarters look good.

Business fundamentals such as customer appeal, partner interest, and revenue expansion make me include this stock in the portfolio. The company has been making inroads into the enterprise smartphone market. I would like to reiterate what I said in my Q2 update, AAPL continues to be attractive as there is no clear rival that can topple it. However, we retract from our earlier stance that the stock could test $500 soon.

Synopsys, Inc.   (Nasdaq:SNPS) – Bullish on acquisitions and increasing market penetration.

Increasing adoption of mobile industry processor interface display serial interface (MIPI DSI) protocol by the smartphone market is likely to supply gas to SNPS' rocket. Moreover, over the last few months, the company has been actively engaging in M&A deals.


Next Page >>12
iOnTheMarket Premium
Advertisement

Advertisement


(1)
 
11/18/2011 2:41:30 PM
by Tom Durkin
You still consider Bill Nygren a top stock picker after his all-in on Washington Mutual ? And what arrogance by Mr.Nygren when questioned about his huge exposure on WaMu ! That type of mistake when added to the amount of exposure is not forgotten here. Tom
Rating: (0) (0)

Comments Closed


rss feed

Latest Stories

article imageChart Says This Retailer's Comeback Isn't Finished

One of the surprises, at least on the surface, of the market's recent swoon was the outperformance of read on...

article imageETF Performance Review: Major Asset Classes | 19 Dec 2014

It’s all about real estate investment trusts (REITs) these days when it comes to bullish performance among read on...

article imageOil and Global Stock Markets Rebounding Sharply

So far so good on our expectation of a 4 to 5% pullback and then a resumption of the bull read on...

article imageGrading the FOMC

Love its members or loathe them, you have to admire the gradual impact the policy-making committee has had read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.