Best Tech Stocks To Watch For 2019


Investors following NVIDIA Corporation (NASDAQ:NVDA) already know that the company is a clear leader in the graphics processing unit (GPU) space as it holds more than 70% of the discrete desktop GPU market share right now.

NVIDIA earns about 62% of its total revenue from sales of GPUs in its gaming segment, but the company isn’t satisfied with just kicking up its feet and reaping the benefits of that. Instead, NVIDIA is using its GPU knowledge to begin dominating two future markets: self-driving technology and data centers.


Image source: Getty Images.

Hitting the gas on self-driving technology

It’s hard to write about NVIDIA’s future without talking about semi-autonmous driving. That’s because autos are a clear area of focus for the company and because NVIDIA has already taken an early lead.

Best Tech Stocks To Watch For 2019: Virtusa Corporation(VRTU)

Advisors’ Opinion:

  • [By Lisa Levin]

    Technology shares gained around 0.85 percent in trading on Friday. Meanwhile, top gainers in the sector included Virtusa Corporation (NASDAQ: VRTU), and Ceragon Networks Ltd (NASDAQ: CRNT).

Best Tech Stocks To Watch For 2019: Towerstream Corporation(TWER)


Advisors’ Opinion:

  • [By Lisa Levin]

    Towerstream Corporation (NASDAQ: TWER) shares were also up, gaining 9 percent to $3.49. Towerstream is scheduled to report Q2 financial results on August 9, 2016.

Best Tech Stocks To Watch For 2019: The Middleby Corporation(MIDD)

Advisors’ Opinion:

  • [By Monica Gerson]

    Middleby Corp (NASDAQ: MIDD) is expected to post its quarterly earnings at $0.84 per share on revenue of $515.56 million.


    Jack in the Box Inc. (NASDAQ: JACK) is estimated to post its quarterly earnings at $0.70 per share on revenue of $360.22 million.

Best Tech Stocks To Watch For 2019: RELM Wireless Corporation(RWC)

Advisors’ Opinion:

  • [By Jim Robertson]

    Today, our Under the Radar Moversnewsletter suggested shorting small cap wireless communications manufacturer RELM Wireless Corporation (NYSEMKT: RWC):

Best Tech Stocks To Watch For 2019: Applied Optoelectronics, Inc.(AAOI)


Advisors’ Opinion:

  • [By Lisa Levin]

    Applied Optoelectronics Inc (NASDAQ: AAOI) shares were also up, gaining 27 percent to $47.60 after reporting upbeat quarterly results.

    Equities Trading DOWN

  • [By Anders Bylund]

    Shares of Applied Optoelectronics (NASDAQ:AAOI) closed 14.5% higher on Wednesday, having recorded a peak gain of 17.2% earlier in the trading session. An analyst firm issued an optimistic report on the stock based on good-looking checks among AAOI’s data center customers.

  • [By Peter Graham]

    Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is thefifth mostshorted stock on theNASDAQ with short interest of 47.69% according to Highshortnterest.com.

  • [By Lisa Levin]

    Applied Optoelectronics Inc (NASDAQ: AAOI) was down, falling around 19 percent to $47.59 after the company offered a warning related to its upcoming third-quarter results Thursday afternoon. Applied Optoelectronics reduced its third-quarter sales guidance from a prior $107 million-$115 million to a new range of $88 million-$89 million. Earnings per share are expected to come in between $1.04 and $1.09, well below the previous guidance figures in the range of $1.30-$1.43. The company announced Thursday afternoon its largest customer, Amazon.com, Inc., is no longer placing orders to buy its components.

  • [By Chris Lange]

    Applied Optoelectronics, Inc. (NASDAQ: AAOI) reported its fourth quarter results after the markets closed on Wednesday. The company posted $0.89 in earnings per share (EPS) on $79.9 million, which compares to consensus estimates that were calling for $0.82 in EPS on $86.2 million in revenue. Heres what analysts were saying after the fact:

  • [By Peter Graham]

    Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is themostshorted stock on theNASDAQ with short interest of 62.65% according to Highshortnterest.com.

Best Tech Stocks To Watch For 2019: Advanced Semiconductor Engineering, Inc.(ASX)


Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Tuesday, technology shares rose by just 0.1 percent. Meanwhile, top losers in the sector included Advanced Semiconductor Engnrng Inc (ADR) (NYSE: ASX), down 6 percent, and QAD Inc. (NASDAQ: QADB) down 5 percent.

  • [By Peter Graham]

    A look at the long term performance of small cap Amkor Technology along with Taiwan based peers like large cap mid cap Siliconware Precision Industries (NASDAQ: SPIL) and Advanced Semiconductor Engineering (NYSE: ASX) show considerable volatility:

  • [By Lisa Levin]

    In trading on Tuesday, technology shares rose by just 0.2 percent. Meanwhile, top losers in the sector included Advanced Semiconductor Engnrng Inc (ADR) (NYSE: ASX), down 6 percent, and Bitauto Hldg Ltd (ADR) (NYSE: BITA) down 6 percent.

  • [By WWW.THESTREET.COM]

    Cramer was bearish on Prudential (PRU) , Advanced Semiconductor Engineering (ASX) and ZTO Express (ZTO) .

    Read more of Cramer’s comments about the stocks in the Lightning Round.

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