This year, investors have seem some wild ups and downs with their stock portfolios. 2020 will be remembered by most as a year of extreme volatility. And most experts agree that the unpredictable market performance will continue into the end of the year.
Amid all the turmoil, Tech stocks have been a honeypot of explosive opportunity for smart investors all year. Even with recent drops in some prominent tech stocks…the opportunity to generate huge profits firmly exists for investors who choose the right tech stocks.
Our research team has identified 3 of the best tech stock investments for the rest of 2020. These companies all have a strong foothold on their respective markets, so we we expect them to give investors the best opportunities at explosive gains.
Tech Stock #1 – Microsoft
Not all stocks are exciting…but sometimes thats OK. Investing in new tech stocks may seem like the best way for investors to generate explosive returns. But in reality…sometimes the best investments are in blue chip companies who have been around the block a few times.
Microsoft is one of those companies. Over the past decade, MSFT CEP Sataya Nadella has guided the company towards a service-focused strategy that has given them a foothold in nearly every critical growing technology sector. The company's Office software helps businesses around the world manage daily operations. Its Azure Servers power data clouds for thousands of companies, including many fortune 500 companies. And its legendary Windows operating system continues to power millions of business and consumer PC's daily.
But thats not all. MSFT also has its growing Surface device business, the Xbox gaming console, and don't forget, they own LinkedIn the professional social media network.
And to top things off, Microsoft is also one of the most financially stable companies out there. They posted annual net profits of more than $44 billion and they also have a hefty $73 billion in net cash reserves. The tech legend is perfectly positioned to invest aggressively in new technologies while still rewarding its shareholders with stock buybacks and a steadily rising dividend stream.
And heres the best part. In recent weeks MSFT stock has slipped along with the pullback in tech stocks. This has created an incredible opportunity for investors to grab some shares at an incredible discount to what the company was trading for weeks ago. We recommend MSFT stock as a safe, high-upside buy to buy now, and hold in your portfolio for a long time to come.
Tech Stock #2 – Broadcom
Broadcom is one of the worlds largest manufacturers of semiconductors for multiple applications. It recently ventured into the software business too, with the purchases of Symantec's enterprise software unit and CA Technologies. This acquisition has helped power the companies growth over recent quarters…but coming developments to the 5G rollout could turn the focus back to their chip manufacturing business.
Apple (NASDAQ:AAPL) is expected to release the first generation of 5G enabled iPhones in October. Considering purchases from Apple accounted for about 20% of Broadcom's revenue in 2019…this could mean big time boosts in the revenue department. Especially if Apple's new iPhones are as successful as analysts predict they will be
Another reason to get excited- many investors may not have Broadcom on their radar. Broadcom supports a forward P/E ratio of less than 15, and their projections for earnings growth are just over 3% this year. Here is what they are missing…Broadcom they expect profits to increase by just under 16% in fiscal 2021.
Furthermore, Broadcom pays a handsome $13/year dividend that any new shareholders will benefit from a $13 per share annual dividend. This payout, which yields more than 3.6%, has risen every year since Broadcom declared its first dividend in fiscal 2011.
Put together the growth opportunities with the stable dividend returns and Broadcom becomes a no-brainer investment for anybody looking for more exposure to the technology sector.
Tech Stock #3 – The Hottest Stock of The Year
The world’s most successful tech industry giants are all clamoring to get their hands on a new piece of technology. It’s fresh out of a highly secretive lab in Boston, Massachusetts, and it’s poised to make early investors billions.
Companies all over the world are already funneling as much money as they can into what Bill Gates calls, “the holy grail” of modern technology.
This technology has nothing to do with cannabis. It’s NOT bitcoin, or some other blockchain-related technology. It’s NOT 5G.
And as a matter of fact, it could be bigger than all of those. Because if history is any indicator, you could be looking down the barrel of 5,000% profits… or even more.
Take a look at this quick rundown of companies who have invested in this new tech:
But Google takes the cake by a landslide. They’ve poured more than $3.9 BILLION into this mind-blowing new tech that’s taking the world by storm.
Click here to see this brand new tech in action, and find out how it could make you 10… 20… even 50 times your money.
