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These 5 Tech Stocks Have Crushed The Market By 7x in 2018

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Markets this year have been volatile with the trade war fears between United and China looming large for the better part of 2018. The markets have corrected quite a few times this year and more recently on Oct. 10.

Despite an unpredictable global environment, the S&P 500 [SPY] has managed to gain close to 5% this year. The SPY is an index and an indicator of the broader markets. However, there are some stocks that continue to beat market returns.

Here we look at tech stocks that have outperformed markets considerably.

5. ServiceNow

Shares of cloud computing company ServiceNow [NOW] have gained 36% in 2018. This stock is a market favorite and is taking advantage of one of the hottest growth markets in tech ever.

ServiceNow is a profitable, high growth company. Its revenue is expected to grow 34% in fiscal 2018.

Market Cap: $31.5B

Change in 2018: 36%

Total Gain in 2018: $8.5B

4.Pure Storage

PureStorage [PSTG] is a cloud storage company and has managed to hold its own against heavyweights Western Digital [WDC], Seagate [STX] and NetApp [NTAP]. The stock is up 39% this year.

The stock was trading at all-time high levels last month and it rallied 20% on August 22 driven by impressive fiscal Q2 results. Shares of Pure Storage have generated impressive returns despite the recent pullback in stock price.

Market Cap: $5.2B

Change: 39%

Total Gain: $1.5B

3. Interactive Corp.

Interactive Corp. [IAC] is an internet service company and owns over 150 brands including Tinder and Match.com. IAC has gained 60% this year.

Investment bank Jeffries called this company an “unsung hero of the internet” and expects the stock to have more upward potential. Analysts believe Tinder is still in the early stages of monetization and will be a key revenue driver for IAC.

Market Cap: $16.28B

Change: 60%

Total Gain: $6.1B

2. Fossil

Fossil [FOSL] is fast gaining traction in the global wearable market. The stock is up 140% this year. Fossil is looking to penetrate the smartwatch space. Total smartwatch revenue in Q1 almost doubled and accounted for 20% of total revenue, up from 8%  last year.

Fossil also exited product lines and stores that were unprofitable. It, however, competes with Fitbit [FIT], Apple [AAPL], Xiaomi, Samsung, Garmin [GRMN]  and Huawei in the wearable space and will need to focus on product innovation to drive market share.

Market Cap: $921M

Change: 140%

Total Gain: $400M

1. Advanced Micro Devices

Advanced Micro Devices [AMD] continues to stun the market. This semiconductor stock is up 130% in 2018. This stock has generated mind-boggling returns of 1000% since the start of February 2016.

AMD has targeted high growth segments such as gaming and crypto mining to drive revenue. Argus analyst raised price target on AMD shares from $23 to $40, while Rosenblatt Securities also raised the target to $40 from $30.

These upgrades drove AMD’s stock higher by 8% on September 14. However, New Street Research does not see any more upside potential in the stock and expects the stock to drop to $18.

Market Cap: $23B

Change: 130%

Total Gain: $13B

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INFOGRAPHIC: How To Invest Your Money (In 8 Simple Steps)

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Plenty of savers are making do with low rates of return on their deposits—almost eroding the value of their savings. Here’s a guide on how you should invest your money and gain some great returns off it.

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Stock Trading: How to Choose the Best Online Brokers

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Stock trading can be a risky business but done right it is an extremely lucrative investment option which yields excellent returns. It is true that trading is quite intimidating for someone who is new to the market and its ways which gives rise to the need for a good stock broker who can handle the job and ensure that the client gets the best returns possible for the money he or she is investing. But as a new investor it is absolutely important that you choose a very good trading broker. Here are some tips that will help you make that choice better.

Understand your trading needs

Before you even look into the services of a trading broker, it is essential that you are aware of your goals and needs from your stock trading. Firstly, prioritise your investment value, short term and long-term goal, and time that you are willing to spend on your trading in order to figure out where you stand. Now, narrow down on the specific kinds of stock exchange that you are looking into. With the wide variety of options available that you can choose from, it is important to narrow down to the specific field or fields and finally look for brokers who suit your specific needs.

Have a clear talk about trading fees

It is important to have a clear-cut discussion on brokerage fee and commissions that your broker will charge you. Ask about the charges per transaction, basic account charges, account minimums and even reimbursements if and when you choose to part ways so that you can have a proper idea about how much you are about to fork out for your trading. It is a good idea to have the talk beforehand so that you do not get into an arrangement which later becomes financially burdensome for you.

Look up reviews on the broker

You would not buy a new product without checking what its previous users have to say, right? Similarly, look up your prospective brokers No matter how promising or lucrative a broker seems with the terms, make sure you check the reviews by InvestinGoal to ensure that you are actually getting a good deal and not being sweet talked into not a good broker or even worse, being conned of your money.

Ask your questions

Do not be afraid to ask whatever questions that come to your mind before you make a deal. This will help you understand your trading better and thus, to get the absolute best out of your investment. It will also help you uncover any hidden charges, non transparent clauses as well that might have later hindered the desirable growth of your stock.

Give a test run

Ask the broker if you can give a test run of your account, and his technology before you actually invest your hard earned money. Many brokers allow you to create a free account which you can use to test their platform and check out user friendliness, ease of trading, quality of tools etc and thus, make an educated decision.

Getting the right broker is definitely one step towards a good stock trading investment. Therefore, it is very important that you take utmost care in picking the very best broker for your trading needs.

This article originally appeared on ValueWalk. Follow ValueWalk on Twitter, Instagram and Facebook.

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3 Simple Steps To Build Your Investment Portfolio

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If you’re starting out with planning your investments, chalking out your goals and how you’d like to achieve them is incredibly important. You’ll need to understand what kind of assets you’d like to invest in–be it exotic instruments like private equity or the tried and tested ones like the treasury bonds, ETFs and stocks–and invest right. Here are three key strategies to build your portfolio:

1. Building Wealth Is All About Thinking Rationally (And Smart)

Having the right mindset can play a huge role in how you build your investments. It’s simply not just about strategy. To ditch following the latest fad in the market, you need to be responsible and have a sense of social indifference–coupled with confidence and patience.

2. Invest Like A Cheapskate

If you’re pumping in $150,000 as investment, on which you incur 1% as fees, look out for ways through which you can cut them down.

If you were to cut costs by a little more than a half, that’s saving you at least $1,120 in fees every year. But that’s not it–when this saving is compounded every year, that 1% fee can tally up to a million (if saved, could win you your big ticket to becoming a millionaire!)

3. The KISS (Keep It Simple, Silly) Rule

Funnily enough, most of us think investing your way through millions demands extensive knowledge of financial instruments or strategies. Surprisingly, it’s the simplest of assets that gave the biggest investors their biggest wins. Many successful investors highlight their success to stocks, bonds and other popular alternative investments, patiently held over time.

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