My list of the best technology stocks for 2016 is based on two industry trends: the growth of capital expenditures on developing new products and the growing use of mobile advertisement in industry and consumer applications.
With that in mind, below I identify the top technology stocks to watch in 2016 that you may want to include in your investment portfolio.
NXP Semiconductors NV (NASDAQ:NXPI)NXP Semiconductors NV (NASDAQ:NXPI) engages .
Is Wearable Technology Here to Stay?
While wearable technology has evolved over the years, the success rate for widespread adoption is still open for debate. Launched in 1979, the idea of being able to listen to music on the go with a Sony Walkman was entirely novel.
Though the Walkman wasn’t really wearable per se, it was portable. It was a friendlier, easier way to listen to music than say .
The U.S. stock markets have experienced two strong years of back-to-back gains; the S&P 500 soared approximately 30% in 2013 and a solid 13% in 2014; and the Dow Jones Industrial Average recently topped 18,000 for the first time ever. With the Federal Reserve expected to barely increase interest rates in the second half of 2015, the stock market looks to be the investment of choice for income-starved investors this .
On Wednesday morning, the NASDAQ Composite Index climbed higher under weak ADP employment data and disappointing trade balance.
ADP reported this morning that the U.S. private sector added 185,000 jobs in July—a significant drop from last month’s 229,000 addition, also missing the 216,000 expected.
Trade balance worsened in June, with the total goods and services deficit at $43.8 billion. June’s trade balance was $2.9 billion larger than the $40.9 billion .
The NASDAQ was trading higher during the final trading session of the week, despite a barrage of weak economic data and earnings reports.
The employment cost index disappointed analysts with a rise of 0.2%, representing the smallest increase in 33 years and coming in well below analysts’ expectations. The number is a clear sign the U.S. economy is struggling, potentially putting off the Federal Reserve’s rumored interest rate hike later .
The NASDAQ appears set for a dismal start to the week after a string of disappointing earnings reports from several technology giants, including Soho.com Inc. (NASDAQ/SOHU) and Changyou.Com Limited (NASDAQ/CYOU), continue to sap risk appetite.
A more-than eight percent dive in China’s benchmark Shanghai Composite Index also exacerbated fears about a slowdown in the Chinese economy. The slide in Chinese stocks, hurt by Friday’s weak Purchasing Manager’s Index (PMI) data .
Shares of Netflix, Inc. (NASDAQ/NFLX) surged more than 16% on Thursday July 16th. Why? The video streaming giant just released its earnings report.
In the second quarter of 2015, Netflix had total revenue of $1.64 billion, a 22.4% increase year-over-year. Net income, however, declined by 63% year-over-year to $26.3 million due to substantial investments in original content. Earnings per share (EPS) came in at $0.06, beating analyst expectations of $0.04. .
When it comes to investing, few have the fame, wealth, and track record of billionaire investor George Soros. His hedge fund, Soros Fund Management, has been one of the best performing firms in the business. With technology being one of the fastest-growing segments in the market today, let’s look at how George Soros is taking advantage of the booming industry.
Here are George Soros’s top five technology stock picks:
Our list of the best small-cap technology stocks for 2015 is based on a few industry trends: the growth of enterprise spending on cloud technology; the ubiquity of mobile devices; and the growing use of robotics in industry and consumer applications.
Sphere 3D Corp. (NASDAQ/ANY)
Sphere 3D Corp., with a market capitalization of $88.0 million, helps firms move their business applications into the cloud, making the software available across devices. .
4Q14 Stock Summary: Fourth-Quarter Earnings Season a Bore
We’re now in the lull between earnings seasons, and stocks will trade off economic news and geopolitical events.
Fourth-quarter earnings season was fairly uneventful. It seemed that investors basically ignored the results, unsure of whether to buy a market that’s already gone up.
There’s been continued strength among technology stocks, and the NASDAQ Composite recently broke out convincingly over 4,750, where it .
Immediate term outlook:
The bear market rally in stocks that started in March 2009, extended because of unprecedented central bank money printing, is coming to an end. Gold bullion is up $1,000 an ounce since we first recommended it in 2002 and we are still bullish on the physical metal.
Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. The Chinese economy grew last year at its slowest pace in 24 years. Japan is in recession. The eurozone is in depression. With almost half the S&P 500 companies deriving revenue outside the U.S., slower world economic growth will negatively impact revenue and earnings growth of American companies. Domestically, America’s gross domestic product grew by only a meager 2.3% in the second quarter, which will negatively impact an already overpriced equity market.
Estimates Aug. 30, 2015
Trailing 12-month EPS for Dow Jones companies (Most Recent Quarter)