Top Tech Stocks To Invest In Right Now

Just the hint of tax cuts saved small-capitalization stocks from what might have been a ho-hum 2017. The stocks returns were underwhelming until the prospect of lower corporate taxes arrived in August. Since then, small-cap stocks have rallied, helping T. Rowe Price Small-Cap Value (PRSVX, a member of the Kiplinger 25, our favorite low-fee funds, deliver an 11.6% gain over the past 12 months through December 8. That bests the small-company Russell 2000 index, and it surpasses 75% of its peersfunds that invest in inexpensive small-company stocks. (Large-cap stocks, up 20.5% over the past year, are still ahead.)

See Also: Market Strategist: Invest in Tech, Financials in 2018

Fund manager David Wagner favors bargain-priced businesses with long-term growth potential. The combination isnt easy to find. If the stock is cheap, theres a good reason, says Wagner. And if its a great, growing company, the stock is expensive.

Top Tech Stocks To Invest In Right Now: JinkoSolar Holding Company Limited(JKS)

Advisors’ Opinion:

  • [By Elizabeth Balboa]

    First Solar, Inc (NASDAQ: FSLR) was trading down 3.7 percent Monday, while JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) was down 0.8 percent, SunPower Corporation (NASDAQ: SPWR) 4.4 percent, Canadian Solar Inc. (NASDAQ: CSIQ) 5.2 percent and JinkoSolar Holding Co., Ltd. (NYSE: JKS) 4.4 percent.

  • [By Lisa Levin]

    JinkoSolar Holding Co (NYSE: JKS) dropped 9.88% to $16.87 after the company announced the offering of 3,500,000 American Depositary Shares.

    Fuwei Films (Holdings) Co (NASDAQ: FFHL) dropped 9.66% to $1.30. Fuwei Films’ trailing-twelve-month ROE is -10.85%.

  • [By Paul Ausick]

    But the real news is the near vertical trajectory in share prices for the two stocks. This could be another manifestation of the markets hunger for some momentum plays, as we noted earlier this morning the bump to share prices for both JinkoSolar Holding Co. Ltd. (NYSE: JKS) and Shutterstock Inc. (NASDAQ: SSTK), both of which held secondary share sales this morning.

  • [By Paul Ausick]

    It is not often that a secondary stock offering sends a companys shares higher, but we are seeing that very phenomenon Friday morning. Chinese solar PV maker JinkoSolar Holding Co. Ltd. (NYSE: JKS) and stock image company Shutterstock Inc. (NASDAQ: SSTK) both priced secondary offerings this morning and shares in both companies have risen sharply.

  • [By Lisa Levin]

    In trading on Monday, energy shares fell by 0.59 percent. Meanwhile, top losers in the sector included JinkoSolar Holding Co., Ltd. (NYSE: JKS), down 8 percent, and Teekay Offshore Partners L.P. (NYSE: TOO) down 7 percent.

Top Tech Stocks To Invest In Right Now: Fitbit, Inc.(FIT)

Advisors’ Opinion:

  • [By Bryan Murphy]

    Does the debacle that Fitbit Inc (NYSE:FIT) has become have you soured on the very idea of wearables? Don’t let the rise and fall (and then more fall) of FIT deter you from wearables investments. Fitbit was in the ballpark, but even once it realized it wasn’t quite hitting the target, it failed to reset its sight. Instead, it doubled down on an unmarketable premise. There’s an up-and-coming outfit called CardioComm Solutions Inc. (OTCMKTS:EKGGF, CVE:EKG), however, that understands exactly where Fitbit got tripped up and is appropriately responding.

    CardioComm Solutions is the name behind a brand of wellness products sold under the HeartCheck brand. Those devices are small, handheld portable ECG (electrocardiogram) readers that put the power of a doctor’s or hospital’s heart-monitoring hardware in the hands of individuals who can use them just as effectively.

    Its flagship products are the HeartCheck ECG Pen, for consumers (available without a prescription), and the HeartCheck ECG monitoring device (available only by prescription) that’s a higher-level technology. More are on the way too. The ECG ‘Card’ is a credit-card sized device that syncs up with — and is powered by — a smartphone in close proximity. Also on the way is the HeartCheck band, which is worn on the wrist. It does a lot that the Fitbit bands do, with the added benefit of being able to produce clinical-grade ECG readouts viewable not just by the user, but by a doctor, clinic, or call center if that user chooses to deliver them remotely using the company’s platform.

    The foundation for the hardware, though, is the software called GEMS… short for Global ECG Management System. It’s powerful enough to make ECG readouts a doctor could use, but accessible enough for the average person to use, and flexible enough to use on any kind of operating system, including any of the market’s most popular smartphone platforms.

    Indeed, GEMS and a sister piece of software called G

  • [By James E. Brumley]

    The rise and fall of Fitbit Inc (NYSE:FIT) – the company and the stock – was largely in step with an incredible buzz stemming from the introduction of the company’s wares followed by the revelation that the wrist-worn devices don’t always take accurate pulse rates. The whole matter has raised one overarching question….what will it take for any company to get cardiac monitoring wearables right? To that end, a couple of different articles on the issue of remote heart monitoring that are worth passing along.

  • [By Tracey Ryniec]

    Fitbit is the latest tech gadget sensation. It has 22% of the wearables market and it looks like this holiday season could be huge for the company. Fitness and wellness are a big market globally which Fitbit is only beginning to tap. 

  • [By Chris Lange]

    Fitbit, Inc. (NYSE: FIT) reported fourth-quarter financial results after the markets closed on Wednesday. So far year to date the stock is down about 20%, and down even further when looking at the past 52-weeks.Theres no doubt that this stock has taken a beating in this time, but are traders finally coming around and calling a bottom to this stock?

  • [By The Ticker Tape]

    While you might think you’re buying the next Amazon.com, Inc. (NASDAQ: AMZN) or Microsoft Corporation (NASDAQ: MSFT), there’s also a chance you’re buying the next Fitbit (FIT) or drkoop.com. In case you’re wondering, things didn’t end very well for investors in drkoop.com’s IPO, which reached a valuation of more than $1 billion following its 1999 IPO. Drkoop.com was eventually sold for $186,000 in bankruptcy court in 2002. Fitbit investors fared slightly better, but shares have still declined approximately 70% from its IPO price of $20.00 as the company’s sales growth and profitability declined.  Not a total wash but to put that into perspective,  take a look at the  S&P 500 (SPX) which returned almost 10% during the same time period. 

  • [By Paul Ausick]

    Fitbit Inc. (NYSE: FIT) dropped 11.6% Monday to post a new 52-week low of $4.51. Shares closed at $5.10 on Thursday and the stock’s 52-week high is $7.32. Volume was more than double the daily average of around 6 million shares. The company took a ratings downgrade to Sell from Morgan Stanley this morning.

Top Tech Stocks To Invest In Right Now: Biogen Idec Inc(BIIB)

Advisors’ Opinion:

  • [By George Budwell]

    Shares of theDanish drugmaker Forward Pharma A/S (NASDAQ:FWP) gained 48.2% yesterday as the result of a settlement and licensing deal with Biogen (NASDAQ:BIIB)involving an ongoing patent dispute over the multiple sclerosis drug Tecfidera. Per the terms of the deal, Biogen will fork overa non-refundable$1.25 billion licensing fee, and possibly pay 10% to 20% royalties on Tecfidera’snet sales to Forward starting in 2021.

  • [By Ben Levisohn]

    Biogen (BIIB) has dropped 2.2% to $286.16 after getting cut to Market Perform from Outperform at Leerink, and to Equal Weight from Overweight at Morgan Stanley.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Biogen Inc. (NASDAQ: BIIB) which traded down 4.6% at $279.08. The stocks 52-week range is $223.02 to $333.65. Volume was 3.4 million versus the daily average of 1.6 million shares.

Top Tech Stocks To Invest In Right Now: Sigma Designs, Inc.(SIGM)

Advisors’ Opinion:

  • [By Paul Ausick]

    Sigma Designs Inc. (NASDAQ: SIGM) dropped about 34% on Wednesday to post a new 52-week low of $5.20 against a 52-week high of $8.60 and a Tuesday close of $7.75. Volume of about 6.2 million was about 25 times the daily average of around 280,000. The company reported so-so earnings on Tuesday and the stock was downgraded and price targets lowered by several analysts.

  • [By Lisa Levin]

    Sigma Designs Inc (NASDAQ: SIGM) shares dropped 30 percent to $5.43. Sigma Designs reported fiscal third-quarter net income of $221,000 on revenue of $62.7 million.

  • [By Lisa Levin]

    Gainers

    Pyxis Tankers Inc. (NYSE: PXS) rose 47.48 percent to $$5.56, after the company announced it has entered into a definitive securities purchase agreement with a group of investors, which will result in gross proceeds of $4.8 million.
    Sigma Designs Inc (NASDAQ: SIGM) rose 22.77 percent to $6.88. Silicon Laboratories (NASDAQ: SLAB) announced plans to buy Sigma Designs for $7.05 per share in cash.
    Steadymed Ltd (NASDAQ: STDY) rose 19.35 percent to $3.70, after the company reported that no clinical trials were required for Trevyent and that the FDA had agreed to the pathway for the drug candidate's NDA resubmission.
    Iteris, Inc. (NASDAQ: ITI) rose 15.73 percent to $7.06. Earlier in the week, Zacks Investment Research had upgraded the company from "Sell" to "Hold".
    Science Applications International Corp (NYSE: SAIC) rose 13.71 percent to $85.77 as the company reported better-than-expected earnings for its third quarter.
    Technical Communications Corporation (NASDAQ: TCCO) rose 12.41 percent to $6.07, after having risen sharply in pre-marketing trading.
    Radius Health, Inc. (NASDAQ: RDUS) rose 12.41 percent to $30.81 after the company provided an update on data from the Phase 1 005 clinical study of elacestrant in patients with estrogen receptor positive breast cancer during the 2017 San Antonio Breast Cancer Symposium.
    ForeScout Technologies, Inc. (NASDAQ: FSCT) rose 12.32 percent to $25.80 after the company reported its third quarter financial results.
    Prana Biotechnology Limited (NASDAQ: PRAN) rose 11.36 percent to $3.43, as the company announced a research collaboration with Takeda Pharmaceuticals to study the ability of movement disorders compound, PBT434 to slow or prevent neurodegeneration of the gastrointestinal system.
    Catalyst Biosciences, Inc. (NASDAQ: CBIO) rose 10.49 percent to $7.90 as the company announced the appointment of Arwa Shurrab and Jamie Ellen Siegel in its clinical hemophilia

Top Tech Stocks To Invest In Right Now: NVIDIA Corporation(NVDA)

Advisors’ Opinion:

  • [By Virendra Singh Chauhan]

    Santa Clara, California-based NVIDIA Corporation(NASDAQ:NVDA) is scheduled to report its Q4 FY 2017 earnings after the bell, on Feb 9. Current Wall Street consensus expects the company to report EPS of 83 cents per share on revenue of $2.1B, implying 137% YoY growth in earnings and 50% topline growth. Nvidia’s stock price more than tripled in 2016, having gained 220% in the year. NVIDIA stock has continued its rally into 2017, up 8% in the year-to-date, outpacing the 5.3% gains in the Nasdaq Composite (INDX:COMPX) and the 2.6% gains in the S&P 500 (INDX:SPAL). Can NVIDIA deliver yet another strong earnings report and keep the current momentum in NVDA stock going?

  • [By Virendra Singh Chauhan]

    AMD as well as NVIDIA have been on a tear through 2016. Advanced Micro Devices, Inc. (NSDQ:AMD) stock is up nearly 210% YTD. NVIDIA Corporation (NSDQ:NVDA) stock isn’t far behind, having gained over 185% YTD. Having netted these strong 3-figure gains, investors are obviously happy with how the semiconductors story has unfolded in 2016. However, with the year now drawing to a close, which of these two would be a better semiconductor play, going forward? This would be an obvious question that many investors might have in their mind.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was NVIDIA Corp. (NASDAQ: NVDA) which jumped about 18% to $121.29. The stocks 52-week range is $34.93 to $121.82. Volume was 50.1 million which is above the daily average of just under 15.1 million shares.

  • [By WWW.THESTREET.COM]

    And you thought out-sized gains were only relegated to Apple (AAPL) , Tesla (TSLA) , Nvidia (NVDA) and Amazon (AMZN) .

    Why not try biotech stocks on for size. 

  • [By Garrett Baldwin]

    Shares of NVIDIA Corp. (Nasdaq: NVDA) hovered near an all-time high Monday thanks to surging demand for Bitcoin mining equipment.

    RBC Capital Markets analyst Mitch Steves predicted that Bitcoin’s surge would fuel another round of increased sales in graphics cards (GPUs).

  • [By Vikram Nagarkar]

    Viewed in the backdrop of Nvidia’s fast growing revenue base of over $6 billion in the last 4 quarters, that might not seem like much. Given the high margin nature of licensing revenue streams though, it might basically take that Dollar amount straight out of the bottom line, which is what Citron fears as well. If you base your estimate on Nvidia’s LTM EBITDA (Last Twelve Months Earnings Before Interest Taxes Depreciation and Amortization) of about $1.4 billion, the impact could be as high as 17%. Do note, this calculation doesn’t factor in the expected growth in EBITDA in the coming years. So, the impact is likely to reduce with each passing year. However, as is evident, the likely impact isn’t negligible by any means. (Also See:Will NVIDIA Corporation (NVDA) Stock Continue To Surge Higher In 2017?)

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