We are seeing a "tech renaissance" right now, with many
information technology, software and personal electronics companies
seeing rapid share appreciation in the last 12 months.
It's no secret why: As the world gets more wired, communications
have become a necessity and gadgets once thought of as fads are now
necessary parts of doing business in the 21st century. I, for one,
couldn't imagine getting anything done without my trusty
Apple
(
AAPL
) iPhone and laptop with me 24/7.
But this bullishness on the entire tech sector can be confusing
for investors. Some technology stocks are getting a lot of hype
that's deserved, but others are simply being lifted by a rising
tide for technology firms right now.
How can you tell the difference? Simple: Follow the
fundamentals. My proprietary Portfolio Grader stock-ranking tool
runs a fundamental analysis on the top 5,000 Wall Street companies
every week. My team of analysts and I sift through the latest
earnings forecasts, sales numbers, margin expansion percentages and
a host of other figures. Our results are screened based on what's
working best on Wall Street right now, and then Portfolio Grader
outputs a rating for each company reflected as a simple
letter grade, with A being "strong buy" and F being "strong
sell."
Portfolio Grader's stock data is free and can be
accessed online here
. I strongly encourage you to check it out and screen your own
holdings.
But since tech is so hot right now, here's a complete rundown of
the 50 biggest tech stocks (ranked by market cap) and how they
stack up fundamentally.
Symbol
Company Name
Subsector
Market Cap (
B
)
PG Grade
ABB ABB Ltd. Electrical Equipment $51.0 D - Sell ACN Accenture Plc
IT Services $27.3 A - Strong Buy ATVI Activision Blizzard Inc.
Software $15.6 D - Sell ADBE Adobe Systems Inc. Software $18.6 C -
Hold A Agilent Technologies Inc. Electronic Equipment $11.9 B - Buy
AAPL Apple Inc. Computers & Peripherals $219.1 A - Strong Buy
AMAT Applied Materials Inc. Semiconductors $18.1 D - Sell ASML ASML
Holding N.V. Semiconductors $15.6 B - Buy ADP Automatic Data
Processing IT Services $22.3 D - Sell BIDU Baidu Inc. Internet
Software & Services $21.7 A - Strong Buy BRCM Broadcom Corp.
Semiconductors $17.0 C - Hold CA CA Inc. Software $11.8 D - Sell
CAJ Canon Inc. Office Electronics $56.8 C - Hold CSCO Cisco Systems
Inc. Communications Equipment $152.5 C - Hold CTSH Cognizant
Technology Solutions IT Services $15.4 A - Strong Buy GLW Corning
Inc. Electronic Equipment $30.5 D - Sell DELL Dell Inc. Computers
& Peripherals $31.0 B - Buy EBAY eBay Inc. Internet Software
& Services $34.5 B - Buy EMC EMC Corp. Computers &
Peripherals $38.1 C - Hold EMR Emerson Electric Co. Electrical
Equipment $38.2 C - Hold ERIC Ericsson ADR Communications Equipment
$33.3 D - Sell GOOG Google Inc. Internet Software & Services
$179.9 B - Buy HPQ Hewlett-Packard Co. Computers & Peripherals
$126.5 B - Buy HIT Hitachi Ltd. Electronic Equipment $13.2 D - Sell
INFY Infosys Technologies Ltd. IT Services $34.8 A - Strong Buy
INTC Intel Corp. Semiconductors $124.5 B - Buy IBM International
Business Machines Computers & Peripherals $168.1 C - Hold INTU
Intuit Inc. Software $10.8 C - Hold JNPR Juniper Networks Inc.
Communications Equipment $16.4 B - Buy LPL LG Display Co.
Ltd. Electronic Equipment $13.6 C - Hold MRVL Marvell
Technology Group Ltd. Semiconductors $13.1 B - Buy MA MasterCard
Inc. IT Services $33.6 C - Hold MSFT Microsoft Corp. Software
$267.3 A - Strong Buy MOT Motorola Inc. Communications Equipment
$17.1 C - Hold NTAP NetApp Inc. Computers & Peripherals $12.2 A
- Strong Buy NJ Nidec Corp. Electronic Equipment $14.7 A - Strong
Buy NOK Nokia Corp. (ADR) Communications Equipment $55.7 D - Sell
ORCL Oracle Corp. Software $131.0 B - Buy PAYX Paychex Inc. IT
Services $11.3 D - Sell QCOM QUALCOMM Inc. Communications Equipment
$70.6 D - Sell RIMM Research In Motion Ltd. Communications
Equipment $38.9 D - Sell SAP SAP AG Software $58.1 C - Hold SYMC
Symantec Corp. Software $13.8 C - Hold TSM Taiwan Semiconductor
Manuf. Semiconductors $55.0 D - Sell TXN Texas Instruments Inc.
Semiconductors $30.9 B - Buy TEL Tyco Electronics Ltd. Electronic
Equipment $13.3 B - Buy V Visa Inc. IT Services $68.4 B - Buy VMW
VMware Inc. Software $22.0 C - Hold WU Western Union Co. IT
Services $12.0 D - Sell WIT Wipro Ltd. IT Services $34.4 A - Strong
Buy YHOO Yahoo! Inc. Internet Software & Services $24.6 D -
Sell
Tell
us what you think here.
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Designed to give stock analysis on nearly 5,000 stocks in
easy-to-interpret A to F letter grades, Portfolio Grader is a great
way to rank your current or future investments, and it's completely
FREE! Put the power of Portfolio Grader to work for you now! -
get FREE access here
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