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
) 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
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
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.
Market Cap (
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 -
us what you think here.
Stock Downgrades: BAC, BA, PC, TM
Stock Upgrades: COST, LLY, RDS, WMT
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