As part of its growth strategy, chip giant Intel (NASDAQ:INTC) is betting big on its non-volatile memory solutions group, or NSG for short. This segment, the company says, "offers Intel Optane and Intel 3D NAND technologies, which drive innovation in solid-state drives (SSDs) and other memory products."
At its recent Data-Centric Innovation Summit event, Intel said that it sees the total addressable market for non-volatile memory being worth $75 billion by 2022. The company had previously told investors that it expected the total addressable market for non-volatile memory products was set to grow to $55 billion by 2021.
Image source: Intel.
NSG's main customers, Intel explains, "are enterprise and cloud-based data centers, users of business and consumer desktops and laptops, and a variety of embedded and Internet of Things applications providers."
Top 5 High Tech Stocks To Buy Right Now: Technology Select Sector SPDR ETF (XLK)
Advisors' Opinion:- [By ]
This movement has done wonders for the technology sector... Consider this: the widely tracked Technology Select Sector ETF (NYSE: XLK) has returned 223% (more than double the S&P 500) since June 29, 2007 -- the release date of the first Apple iPhone, which is arguably when smartphones became broadly adopted.
- [By Steve Symington]
On one hand, tech stocks led the broader advance, and the Technology Select Sector SPDR Fund (NYSEMKT:XLK) rose 1.25%. On the other, investors' enthusiasm for retail stocks waned a bit, with the SPDR S&P Retail ETF (NYSEMKT:XRT) ending the day down 0.73%.
- [By Jim Crumly]
Tech continued its recent strong performance. After gaining 6.8% in May, the Technology Select Sector SPDR ETF (NYSEMKT:XLK) added another 1.7% today. Utility stocks fell; the Utilities Select SPDR ETF (NYSEMKT:XLU) dropped 1.6%.
- [By Steve Symington]
The market's gain's were broad-based, though financials led the way, leaving the Financial Select Sector SPDR Fund (NYSEMKT:XLF) up 0.9%. Technology stocks also enjoyed positive momentum, with the Technology Select Sector SPDR Fund (NYSEMKT:XLK) climbing 0.3%.
- [By Steve Symington]
Financials stocks extended Friday's gains thanks to a continued rebound from insurers, and the Financial Select Sector SPDR Fund (NYSEMKT:XLF) jumped 1.7%. Tech stocks weren't far behind, with the Technology Select Sector SPDR Fund (NYSEMKT:XLK) up 1.4%, partly buoyed in anticipation of Apple's big product launch event slated for tomorrow.
- [By Jim Crumly]
Technology was the strongest sector, with Technology Select Sector SPDR ETF (NYSEMKT:XLK) up 1.3%. Consumer stocks were the biggest laggards; the Consumer Staples Select Sector SPDR ETF (NYSEMKT:XLP) lost 0.9%.
Top 5 High Tech Stocks To Buy Right Now: HealthEquity, Inc.(HQY)
Advisors' Opinion:- [By Brian Feroldi]
So where am I going to invest my capital? While I'm still refining my list, here are seven stocks that I currently own that I'm strongly considering adding to:
Hubspot (NYSE: HUBS) -- A software-as-a-service provider that is pioneering the shift toward "inbound" marketing. HealthEquity (NASDAQ: HQY) -- A fast-growing company focused on Health Savings Accounts that boasts three sources of recurring revenue. Axon Enterprise (NASDAQ: AAXN) -- The leading provider of Taser stun guns, law enforcement body cameras, and evidence-management software. Paycom Software (NYSE: PAYC) -- A founder-led payroll-processor company that is gobbling up market share. Adobe Systems (NASDAQ: ADBE) -- The company's push to the cloud is driving double-digit gains in revenue and profits. AppFolio (NASDAQ: APPF) -- A software-as-a-service provider focused on servicing business owners in several niche markets. BlackLine (NASDAQ: BL) -- A software company that is attempting to bring the accounting process into the 21st century.All seven of these businesses are poised to deliver double-digit organic revenue and profit growth over the next five years. That's a prospect I find quite enticing, and I think the odds are very favorable that they'll outperform Apple as a group from here.
- [By Motley Fool Staff]
In this episode of The Motley Fool's Industry Focus: Healthcare, host Kristine Harjes is joined by Motley Fool contributor Brian Feroldi to discuss the trends that have driven HealthEquity's (NASDAQ:HQY) stock higher and why they think that this highflier could still be worth buying today.
- [By Ethan Ryder]
Dupont Capital Management Corp acquired a new position in Healthequity Inc (NASDAQ:HQY) in the fourth quarter, HoldingsChannel reports. The fund acquired 4,931 shares of the company’s stock, valued at approximately $294,000.
- [By Brian Feroldi]
Few companies can match the returns put up by HealthEquity (NASDAQ:HQY) in recent years. Shares of the innovative provider of health savings accounts (HSAs) are up 450% since its 2014 IPO. That return crushes the S&P 500.
- [By Brian Feroldi]
Few companies can match the returns put up by HealthEquity (NASDAQ:HQY) in recent years. Shares of the innovative provider of health savings accounts (HSAs) are up 450% since its 2014 IPO. That return crushes the S&P 500.
- [By Max Byerly]
Healthequity Inc (NASDAQ:HQY) – Research analysts at Barrington Research issued their Q2 2019 EPS estimates for shares of Healthequity in a report issued on Tuesday, June 5th. Barrington Research analyst A. Paris. Jr expects that the company will post earnings per share of $0.20 for the quarter. Barrington Research currently has a “Outperform” rating and a $85.00 target price on the stock. Barrington Research also issued estimates for Healthequity’s FY2019 earnings at $0.70 EPS.
Top 5 High Tech Stocks To Buy Right Now: Lawson Products Inc.(LAWS)
Advisors' Opinion:- [By Joseph Griffin]
Lawson Products (NASDAQ:LAWS) is scheduled to announce its earnings results on Thursday, April 19th. Analysts expect the company to announce earnings of $0.16 per share for the quarter.
Top 5 High Tech Stocks To Buy Right Now: BorgWarner Inc.(BWA)
Advisors' Opinion:- [By Shane Hupp]
Get a free copy of the Zacks research report on BorgWarner (BWA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Get a free copy of the Zacks research report on BorgWarner (BWA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Wells Fargo & Co upgraded shares of BorgWarner (NYSE:BWA) from a market perform rating to an outperform rating in a research note published on Wednesday, Marketbeat Ratings reports. The brokerage currently has $56.00 price objective on the auto parts company’s stock, down from their prior price objective of $57.00.
- [By Logan Wallace]
Get a free copy of the Zacks research report on BorgWarner (BWA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
BorgWarner Inc. (NYSE:BWA) has been assigned a consensus recommendation of “Buy” from the eighteen research firms that are covering the firm, MarketBeat reports. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $57.64.
- [By Logan Wallace]
Baird Financial Group Inc. decreased its stake in BorgWarner Inc. (NYSE:BWA) by 2.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 121,422 shares of the auto parts company’s stock after selling 2,931 shares during the quarter. Baird Financial Group Inc.’s holdings in BorgWarner were worth $6,099,000 at the end of the most recent reporting period.
Top 5 High Tech Stocks To Buy Right Now: Patriot National, Inc.(PN)
Advisors' Opinion:- [By Logan Wallace]
Media stories about Patriot National (NYSE:PN) have trended somewhat negative on Thursday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Patriot National earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 42.7409526634833 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
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