Best Tech Stocks To Invest In Right Now


Bitcoin (CRYPTO: BTC) crossed the psychologically important $50,000 level on Sunday night.

See Also: How To Buy Bitcoin (BTC)

What’s Moving? The apex cryptocurrency touched an intraday high of $50,019.20 shortly before press time.

BTC traded 2.42% higher at $49,915.30 over 24 hours at press time. For the week, the apex cryptocurrency traded 4.97% higher.

Since the year began, BTC has gained 70.28%. Bitcoin last traded above the $50,000 mark in May.

Why Is It Moving? Even as the apex cryptocurrency crosses the $50,000 hurdle, analysts are cautious as they warn of resistance coming in the way of further immediate upside.

“Today is the first day we are testing my $50k target area and seeing a reaction,” said options veteran John Wick.

Wick touched on “supply front running fears of $50k distribution.”


A Bloomberg report last week explored Bitcoin’s over 60% price increase since July and said the apex coin faced “a rare confluence of technical obstacles” such as a Fibonacci and Ichimoku cluster between $47,000 and $48,000.
Read Next: EXCLUSIVE: Why This Company Chose To Build A Supply Chain For Human Reproductive Material Over The Bitcoin Blockchain

Best Tech Stocks To Invest In Right Now: EMCORE Corporation(EMKR)

EMCORE Corporation, together with its subsidiaries, provides compound semiconductor-based products for the broadband, fiber optics, satellite, and solar power markets. The company operates in two segments, Fiber Optics and Photovoltaics. The Fiber Optics segment offers broadband products, including cable television, fiber-to-the-premises, satellite communication, video transport, and defense and homeland security products; and digital products comprising telecom optical, enterprise, laser/photodetector component, parallel optical transceiver and cable, and fiber channel transceiver products. This segment?s products enable information that is encoded on light signals to be transmitted, routed, and received in communication systems and networks. The Photovoltaics segment provides gallium arsenide (GaAs) multi-junction solar cells, covered interconnected cells, and solar panels for satellite applications; and concentrating photovoltaic (CPV) power systems for commercial and utility scale solar applications, as well as GaAs solar cells and integrated CPV components for use in other solar power concentrator systems. The company markets its products through its direct sales force, external sales representatives and distributors, and application engineers worldwide. EMCORE Corporation was founded in 1984 and is headquartered in Albuquerque, New Mexico.


Advisors’ Opinion:

  • [By Ethan Ryder]

    EMCORE Co. (NASDAQ:EMKR) traded up 8% during mid-day trading on Monday . The stock traded as high as $5.10 and last traded at $5.26. 11,341 shares changed hands during trading, a decline of 95% from the average session volume of 216,974 shares. The stock had previously closed at $4.87.

  • [By Stephan Byrd]

    EMCORE Co. (NASDAQ:EMKR) has been assigned a consensus rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $6.00.

Best Tech Stocks To Invest In Right Now: NetApp Inc.(NTAP)


NetApp, Inc. engages in the design, manufacturing, marketing, and technical support of networked storage solutions. It supplies enterprise storage and data management software, and hardware products and services. The company offers Data ONTAP, an operating system that supports storage area network (SAN) and network-attached storage (NAS) environments; storage efficiency technologies, including FlexVol, FlexClone, and Deduplication technologies; storage management and application integration software, such as OnCommand management software; fabric-attached storage unified storage systems, which support a range of data for users on various platforms; and virtual storage tier; V-Series network-based virtualization solutions that provide SAN and NAS access to the data stored in heterogeneous storage arrays. It also provides data protection software products, including Snapshot, SnapRestore, SnapVault, and Open Systems SnapVault techologies; MetroCluster products; and SnapMirror data replication solution. In addition, the company offers data retention and archive products, and Flash Cache modules; and storage security products for data security and key management in IP SAN, NAS, and tape backup environments; StorageGRID that enables intelligent data management and secure content retention; and professional services, global support solutions, and customer education and training. It serves energy, financial services, government, high technology, Internet, life sciences and healthcare services, manufacturing, media, entertainment, animation and video postproduction, and telecommunications industries. It offers its products in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company was formerly known as Network Appliance, Inc. and changed its name to NetApp, Inc. in March 2008. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.


Advisors’ Opinion:

  • [By Eric Volkman (TMFVolkman)]

    Never underestimate the power of a good quarter to move a company’s stock in the right direction. This dynamic was apparent with NetApp (NASDAQ:NTAP) on Thursday, as its shares were trading more than 4% higher in late-afternoon action following the publication of its first-quarter 2022 figures.

  • [By Ethan Ryder]

    In related news, EVP Henri P. Richard sold 5,050 shares of the stock in a transaction that occurred on Friday, February 1st. The shares were sold at an average price of $66.01, for a total transaction of $333,350.50. Following the completion of the transaction, the executive vice president now owns 56,707 shares of the company’s stock, valued at approximately $3,743,229.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Joel D. Reich sold 20,000 shares of the stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $64.04, for a total transaction of $1,280,800.00. Following the transaction, the vice president now directly owns 744 shares of the company’s stock, valued at approximately $47,645.76. The disclosure for this sale can be found here. Company insiders own 0.19% of the company’s stock.


    COPYRIGHT VIOLATION WARNING: “Freestone Capital Holdings LLC Invests $5.59 Million in NetApp Inc. (NTAP)” was first published by Ticker Report and is the property of of Ticker Report. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US and international copyright and trademark laws. The original version of this piece of content can be read at www.tickerreport.com/banking-finance/4195536/freestone-capital-holdings-llc-invests-5-59-million-in-netapp-inc-ntap.html.


    About NetApp

  • [By Luis Sanchez]

    NetApp (NASDAQ:NTAP) has been around since the 1990’s, when it primarily sold on-premise computer storage solutions. The company has reinvented itself as a cloud computing software business. In doing so, NetApp has orchestrated an epic business turnaround that has delivered real results for shareholders.

Best Tech Stocks To Invest In Right Now: ChinaCache International Holdings Ltd.(CCIH)

We commenced operations through Beijing Blue I.T. Technologies Co., Ltd., or Beijing Blue I.T., a company incorporated in China in June 1998. In June 2005, we incorporated ChinaCache International Holdings Ltd., or ChinaCache Holdings, under the laws of the Cayman Islands to become our offshore holding company through a series of corporate restructuring transactions.


In August 2005, we established our wholly-owned PRC subsidiary, ChinaCache Network Technology (Beijing) Limited, or ChinaCache Beijing.

In July 2008, we obtained control over Beijing Jingtian Technology Co., Ltd., or Beijing Jingtian, through contractual arrangements.

In October 2010, we completed our initial public offering and our ADSs commenced trading on the NASDAQ Global Market under the symbol “CCIH”.   Advisors’ Opinion:

  • [By Logan Wallace]

    ChinaCache International Holdings Ltd (NASDAQ:CCIH) shares saw unusually-high trading volume on Tuesday . Approximately 738,018 shares traded hands during mid-day trading, an increase of 559% from the previous session’s volume of 112,066 shares.The stock last traded at $1.36 and had previously closed at $1.22.

  • [By Stephan Byrd]

    Intersections (NASDAQ:INTX) and ChinaCache International (NASDAQ:CCIH) are both business services companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, earnings, risk and dividends.

Best Tech Stocks To Invest In Right Now: Apple Inc.(AAPL)

Apple Inc., incorporated on January 3, 1977, designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions and third-party digital content and applications. The Company’s segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and the Asian countries not included in the Company’s other operating segments. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.


The Company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, television APP Store, iBooks Store and Apple Music (collectively Internet Services). The Company sells its products through its retail stores, online stores and direct sales force through third-party cellular network carriers, wholesalers, retailers and value-added resellers. The Company sells a range of third-party Apple compatible products, including application software and accessories through its retail and online stores. The Company sells to consumers, small and mid-sized businesses and education, enterprise and government customers.


iPhone is the Company’s line of smartphones based on its iOS operating system. iPhone includes Siri, a voice activated intelligent assistant, and Apple Pay and touch ID on qualifying devices. The Company offers iPhone 7 and 7 Plus, featuring new camera systems, stereo speakers and water and dust resistance. The Company also sells iPhone SE, which has a four-inch Retina display. iPhone works with the iTunes Store, App Store, iBooks Store and Apple Music for purchasing, organizing and playing digital content and applications. iPad is the Company’s line of multi-purpose tablets based on its iOS operating system. iPad includes iPad Pro, iPad Air and iPad mini. Mac is the Company’s line of desktop and portable personal computers based on its macOS operating system. The Company’s desktop computers include iMac, 21.5 inches iMac with Retina 4K display, 27 inches iMac with Retina 5K display, Mac Pro and Mac mini. The Company’s portable computers include MacBook, MacBook Air, MacBook Pro and MacBook Pro with Retina display.


Apple TV connects to consumers televisions (TVs) and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos. Content from Apple Music and other media services is also available on Apple TV. Apple TV allows streaming digital content from Mac and Windows personal computers through Home Share and from compatible Mac and iOS devices through AirPlay. The Company’s Apple TV runs on its tvOS operating system and is based on applications built for the television. Additionally, the Apple TV remote features Siri, allowing users to search and access content with their voice. Apple Watch is a personal electronic device that combines the watchOS user interface and technologies created specifically for a smaller device, including the Digital Crown, a navigation tool that allows users to seamlessly scroll, zoom and navigate, and force touch, a technology that senses the difference between a tap and a press and allows users to access controls within applications. Apple Watch enables users to communicate in new ways from their wrist, track their health and fitness through activity and workout applications, and includes Siri and Apple Pay. The Company offers Apple Watch Series 2, featuring fitness and health capabilities.


iPod is the Company’s line of portable digital music and media players, which includes iPod touch, iPod nano and iPod shuffle. All iPods work with iTunes to purchase and synchronize content. iPod touch, based on the Company’s iOS operating system, is a flash-memory-based iPod that works with the iTunes Store, App Store and iBooks Store for purchasing and playing digital content and applications. iOS is the Company’s multi-touch operating system that serves as the foundation for iOS devices. Devices running iOS are compatible with both Mac and Windows personal computers and Apple iCloud services. The Company offers iOS 10, which introduces the ability for Siri to do more by working with applications, updates messages, includes redesigned maps, photos, Apple music and news applications, and the home applications, which provides a way to manage home automation products in one place.


macOS is the Company’s Mac operating system and is built on an open-source uniplexed information and computing system (UNIX) based foundation and provides an intuitive and integrated computer experience. macOS Sierra incorporates Siri and Apple Pay on the Mac, provides continuity and document access across Apple devices and includes the memories feature in photos. watchOS is the Company’s operating system for Apple Watch. The Company’s watchOS three provides ability to launch applications instantly, navigation with the new Dock and new fitness and health capabilities for Apple Watch, including the Breathe applications designed to promote exercises for relaxation and stress reduction. tvOS is the Company’s operating system for Apple TV. The tvOS operating system is based on the Company’s iOS platform and enables developers to create applications and games specifically for Apple TV and deliver them to customers through the Apple TV App Store. The tvOS incorporates new Siri capabilities that allow searching across more applications and services.


The Company’s applications software includes iLife, iWork and other software, including Final Cut Pro, Logic Pro X and FileMaker Pro. iLife is the Company’s consumer-oriented digital lifestyle software applications suite included with all Mac computers and features iMovie, a digital video editing applications, and GarageBand, a music creation application that allows users to play, record and create music. iWork is the Company’s integrated productivity suite included with all Mac computers and is designed to help users create, present and publish documents through Pages, presentations through Keynote and spreadsheets through Numbers. The Company also has multi-touch versions of iLife and iWork applications designed specifically for use on iOS devices, which are available as free downloads for all new iOS devices.


The iTunes Store, available for iOS devices, Mac and Windows personal computers and Apple TV, allows customers to purchase and download music and TV shows, rent or purchase movies and download free podcasts. The App Store, available for iOS devices, allows customers to discover and download applications and purchase in-applications content. The Mac applications Store, available for Mac computers, allows customers to discover, download and install Mac applications. The TV App Store allows customers access to applications and games specifically for the Apple TV. The iBooks Store, available for iOS devices and Mac computers, features e-books from major and independent publishers. Apple Music offers users a listening experience with on-demand radio stations that evolve based on a user’s play or download activity and a subscription-based Internet streaming service that also provides access to the applications music library.


iCloud is the Company’s cloud service, which stores music, photos, contacts, calendars, mail, documents and more, keeping them up-to-date and available across multiple iOS devices, Mac and Windows personal computers and Apple TV. iCloud services include iCloud Drive, iCloud Photo Library, Family Sharing, Find My iPhone, iPad or Mac, Find My Friends, Notes, iCloud Keychain and iCloud Backup for iOS devices. AppleCare offers a range of support options for the Company’s customers. These include assistance that is built into software products, printed and electronic product manuals, online support including comprehensive product information, technical assistance, the AppleCare Protection Plan (APP) and the AppleCare Protection Plan (AC+). AC+ is a fee-based service offering additional coverage under some circumstances for instances of accidental damage in addition to the services offered by APP and is available in certain countries for iPhone, iPad, AppleCare Watch and iPod. Apple Pay is the Company’s mobile payment service available in certain countries that offers a private way to pay.


Apple Pay allows users to pay for purchases in stores accepting contactless payments and to pay for purchases within participating applications on qualifying devices. Apple Pay accepts credit and debit cards across major card networks and also supports reward programs and store-issued credit and debit cards. The Company sells a variety of Apple-branded and third-party Mac-compatible and iOS-compatible accessories, including Apple TV, Apple Watch, Beats products, iPod, headphones, displays, storage devices, and various other connectivity and computing products and supplies. The Company offers AirPods, new wireless headphones that interact with Siri.


Advisors’ Opinion:

  • [By Thomas Yeung]

    In 2014, I shorted shares of watchmaker Movado (NYSE:MOV) as a bet on rival Apple’s (NASDAQ:AAPL) newly launched smartwatch. Shares of Movado would slide from $45 to $25 before I closed the position at a significant profit.

  • [By ]

    Of the eight S&P 500 companies with a recent market capitalization of more than $500 billion, only Apple (ticker: AAPL), Microsoft (MSFT), and Nvidia (NVDA) currently have a dividend. Investors would need to go down to the tenth-largest firm in the index, JPMorgan Chase (JPM), to find a yield greater than Microsoft at 0.8%. The bank, as is typical of financial stocks, yields a juicy 2.3%. Along with the dividend increase, Microsoft announced a new $60 billion stock repurchase program.

  • [By Faisal Humayun]

    Therefore, with an improving balance sheet and high-quality assets, Occidental is a core portfolio stock. The company is one of the largest U.S. acreage holders and owns assets that are located in low geopolitical risk zones.

    Apple (AAPL) Source: sylv1rob1 / Shutterstock.com

    Even amidst significant market volatility, Apple (NASDAQ:AAPL) stock has traded relatively sideways over the past 12 months. This is a good indication of the value the stock holds at current levels. If the stock declines on broad market sentiment, I think this stock would make most investors’ lists of top stocks to buy.

Best Tech Stocks To Invest In Right Now: Altair Engineering Inc.(ALTR)


Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates through two segments, Software and Client Engineering Services. Its software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and IoT platform and analytics tools, as well as support and complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services focused on product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment offers client engineering services. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. Altair Engineering Inc. was founded in 1985 and is headquartered in Troy, Michigan.


Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Altair Engineering Inc.  (NASDAQ:ALTR)Q4 2018 Earnings Conference CallFeb. 28, 2019, 4:30 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Shane Hupp]

    Altair Engineering Inc (NASDAQ:ALTR) has received a consensus recommendation of “Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $38.29.

  • [By Shane Hupp]

    MiX Telematics (NYSE:MIXT) and Altair Engineering (NASDAQ:ALTR) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, earnings, dividends, analyst recommendations, institutional ownership, valuation and profitability.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Altair Engineering (ALTR)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

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