A Classic Opportunity to Profit from a Market Overreaction

Markets don’t just react to events, they over-react. That means that a stock in an uptrend may head far higher than expected in a rally. Or a stock that’s selling off may get too oversold as stop losses keep getting hit, setting off new waves of selling. Earnings season can sometimes cause some larger-than-expected moves in a stock if there’s a miss on either earnings or forward outlook. The latest example is DocuSign (DOCU). Shares dropped 42 percent in trading on Friday, ...
Read More
|

Microchip Growth Continues, and Top Performers Will Keep Rising

Market sentiment has shifted from bullish to mixed in the past week with the rise of the Omicron variant, inflation fears, and how the Fed might be acting too little, too late. However, even with those fears, some trends are still continuing no matter what short-term fears pop up. One of those trends is the growth of microchips in a variety of technologies. Rising uses still means a shortage now, but companies are rising to the occasion. Case in point? Marvell Technology ...
Read More
|

The Surprising Winner as Competition Heats Up in Video Calling Amid the Omicron Variant

One of the top performing spaces to be in during the pandemic was in video conferencing services, with Zoom Communications (ZM) being a clear winner. However, other companies offer services, including free services, that could provide a better offering for users amid the latest variant. One company getting into the space has a history of dominating in the top positions of every tech category it gets into. That company is Microsoft (MSFT), and its Team program has already been a strong player ...
Read More
|

Strong Earnings but Mixed Guidance Create a Buying Opportunity in Tech Once Again

It’s no surprise why investors love tech stocks. Their ability to outperform the rest of the stock market can help boost portfolio returns and create life-changing wealth. But there’s a downside. Traders who buy at the wrong time and get caught up in short-term volatility sometimes have to deal with losses until the next move higher. That can be painful, at least in the short-term. The latest victims in the tech stock space have been investors in Salesforce.com (CRM). The company just ...
Read More
|

The Latest Corporate Shakeup May Be a Boon for This Social Media Play

Most company executives want to leave at what they view as the top. Many aren’t fortunate in that regard. But those who succeed can also leave a company before building problems can come to the forefront, and potentially damage shareholder value. In the short-term, the market may give the thumbs-up to a leaving CEO by giving shares a boost on optimism the next CEO will fare better. That could be the case with Twitter (TWTR). CEO and co-founder Jack Dorsey announced his ...
Read More
|

One Surprising Player May Win in the Quantum Computing Space

As a tech trend, quantum computing, a new and innovative way of processing information much more efficiently than traditional models, comes in and out of favor with investors. That hasn’t stopped a number of startup and old companies alike from working in the space. Yet one company that’s been a recent laggard in tech is now leading the way. And it could lead to a renewed surge in lackluster share prices. The company is International Business Machines (IBM). The tech giant best ...
Read More
|

Some Old-School Companies May Benefit from the Rise of the Metaverse

The rise of metaverse networks has the potential to reshape how people interact with each other in digital realms. While a number of companies large and small are investing heavily in the space, a number of existing companies could stand to profit from making a partial pivot into the space. That includes existing media companies, but also hardware companies supplying the key tech to building out the metaverse. One such player for this potential “Web 3.0” universe is a key builder of ...
Read More
|

Memory Chip Stocks Start to Surge – With More Upside Ahead

The semiconductor chip shortage has led to a number of companies both rise and fall over the past few months. Now, memory-related chips are starting to see a strong rally, even holding its own as other tech stocks have dipped in the past few days. The move higher may continue, as analysts are starting to upgrade these companies on their strong potential in the next few quarters as well. One potential winner in the space is Micron (MU). The memory chip maker ...
Read More
|