2 Stocks to Buy to Capitalize on the Internet of Things (IoT) Revolution
SWKS – Increased demand for sensors and cloud services as businesses adopted hybrid working models has boosted the Internet of Things (IoT) market over the past year. Furthermore, as the race for 5G gains pace, the IoT market should grow significantly in the near term. Consequently, we believe Skyworks Solutions (SWKS) and Garmin (GRMN) could be solid bets to capitalize on this revolution.
Apr 1, 2021
Internet of Things (IoT) featured devices have gained prominence during the COVID-19 pandemic because of their immense applications in the technology and software industry. In fact, the demand for IoT solutions and services for easily tracking orders and shipments across different regions was increasing even before the pandemic.
CRUS: 2 Undervalued Tech Stocks to Scoop Up Now
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4 Top Stocks to Buy Under $20: Infosys, Manulife Financial, United Microelectronics, and National Energy Services
INFY – The broader market for stocks is hovering around all-time highs on investor optimism over a potential vaccine-driven economy recovery and the new U.S. President’s proactive approach to battling the pandemic. However, there are certain promising stocks that are still trading at affordable prices. Infosys Limited (INFY), Manulife Financial Corporation (MFC), United Microelectronics Corporation (UMC) and National Energy Services Reunited (NESR) are examples of such stocks. We think they are well-positioned to deliver market-beating returns over the long haul.
Jan 25, 2021
The SPDR S&P 500 ETF Trust (SPY) has gained more than 70% since hitting a brutal low in March 2020. Though a disconnect between the stock market and the economy persists, the economy has started recovering. With the expectation of r
Himax Technologies: A Top Tech Stock to Buy and Hold in 2021
HIMX – Last year, tech stocks were the standout performers. With growth expected to pick up in 2021, most expect tech to outperform. Patrick Ryan makes his case for why HIMX is an exception.
Jan 6, 2021
Himax Technologies (HIMX) was trading at a mere $3.25 in January of 2020. Since then, the stock has more than doubled.
Understandably, many expect tech stocks to underperform in 2021 given expectations of the economy reopening and faster economic growth. This dynamic could lead to slowing revenue growth and multiple contraction.
However, HIMX is likely to be an exception given that sales tech hardware is likely to remain strong in 2021 especially with stimulus checks and pent-up demand for consumer spending.
This story originally appeared on StockNews
The COVID-19 global pandemic has wrought the biggest economic crisis since the Great Depression of 1929. With its onset in March, global economies were forced to shut down and shut in and stock markets quickly collapsed, falling to multi-year lows. The S&P 500 index entered bear territory early in the year, erasing last year’s gains. The broader market index plunged from a high of 3,393 in February to a low of 2,191 on March 23, registering a 35.4% loss in just 33 days.
Since plumbing those lows in March, the index has had an impressive rally and recovered the bulk of the losses. The S&P 500 is up nearly 64% since then. Stocks rose to fresh all-time highs last week as Pfizer (PFE) started to roll out its coronavirus vaccine in the UK, lifting hopes of a quick economic recovery worldwide. The S&P 500 closed above 3,700 for the first-time last week, gaining 13.5% year-to-date. Yet, there’s wide variance in the performance of its
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