These Three Tech Stock are Surging

Shares of Microsoft, Hewlett-Packard, and Apple were leading the Dow Jones higher on Tuesday.

Mar 18, 2014 at 11:20AM
Longview

The Dow Jones Industrial Average (DJINDICES:^DJI) had added 103 points as of 11:30 a.m. EDT. Dow Jones component Microsoft (NASDAQ:MSFT) was the index's biggest gainer, as hope for a new version of the popular Office software sent shares surging. At the same time, shares of Microsoft partner and former Dow stock Hewlett-Packard (NYSE:HPQ) posted a solid 3.7% rally following some positive analyst comments. Apple (NASDAQ:AAPL) shares rose modestly as the company made a few minor adjustments to its product lineup.

Inflation data comes in below expectations
Perhaps helping to fuel the Dow Jones rise, U.S. inflation numbers came in below expectations on Tuesday, suggesting that the Federal Reserve may be justified in continuing to provide monetary support to the nation's economy.  The Consumer Price Index, a measure of inflation, rose only 1.1% on a year-over-year basis, less than the 1.2% that economists had anticipated. Core CPI, a preferred measure that doesn't include volatile goods such as food and fuel, rose 1.6%; that was in line with economists' expectations.

With inflation stable, or even weaker than expected, the Fed need not be in any rush to tighten monetary policy too hastily. As long as inflation remains subdued, the central bank may continue to slowly reduce its monthly bond purchases, rather than cutting them aggressively.

Microsoft will roll out a new version of Office later this month
Microsoft shares gained more than 4% in morning trading -- a significant move for a company valued at more than $300 billion. The Verge reported that Microsoft will roll out Office for Apple's iPad later this month, opening up the software to a market that has been forced to accept second-rate Office alternatives. Analysts have been calling for Microsoft to release Office for the iPad for months, arguing that it was missing out in billions of dollars' worth of revenue. If Microsoft does take this step, it could see subscriptions to its Office 365 program increase significantly almost overnight.

Hewlett-Packard boosted by analyst upgrade
Hewlett-Packard is one of Microsoft's largest customers, buying millions of Windows licenses for sale on its PCs. HP shares rose after Barclays upgrade the company to overweight from neutral. Barclays believes that Hewlett-Packard's server division will benefit from IBM's sale of its competing low-end server business to Lenovo.

Apple makes slight changes to lineup
Apple's stock rose 0.5%, less than the broader Dow Jones index. On Tuesday, Apple replaced the iPad 2 with the iPad 4 in its lineup, while rolling out an 8 GB version of the iPhone 5c in Europe.

The iPad 4 has largely the same design as the iPad 2, but it packs a sharper screen and more powerful internals. At $399, Apple is offering it for the same price as the iPad 2, which has now been discontinued. The 8 GB iPhone 5c isn't replacing another phone, but does start at a lower price than the versions of the phone packing more internal storage, and could entice some consumers on a budget.

A better investment than Apple?
There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

Sam Mattera has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

1 Key Step to Get Rich

Our mission at The Motley Fool is to help the world invest better. Whether that’s helping people overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we can help.

Feb 1, 2016 at 4:54PM

To be perfectly clear, this is not a get-rich action that my Foolish colleagues and I came up with. But we wouldn't argue with the approach.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich" rated The Motley Fool as the #1 place online to get smarter about investing.

"The Motley Fool aims to build a strong investment community, which it does by providing a variety of resources: the website, books, a newspaper column, a radio [show], and [newsletters]," wrote (the clearly insightful and talented) money reporter Kathleen Elkins. "This site has something for every type of investor, from basic lessons for beginners to investing commentary on mutual funds, stock sectors, and value for the more advanced."

Our mission at The Motley Fool is to help the world invest better, so it's nice to receive that kind of recognition. It lets us know we're doing our job.

Whether that's helping the entirely uninitiated overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we want to provide our readers with a boost to the next step on their journey to financial independence.

Articles and beyond

As Business Insider wrote, there are a number of resources available from the Fool for investors of all levels and styles.

In addition to the dozens of free articles we publish every day on our website, I want to highlight two must-see spots in your tour of fool.com.

For the beginning investor

Investing can seem like a Big Deal to those who have yet to buy their first stock. Many investment professionals try to infuse the conversation with jargon in order to deter individual investors from tackling it on their own (and to justify their often sky-high fees).

But the individual investor can beat the market. The real secret to investing is that it doesn't take tons of money, endless hours, or super-secret formulas that only experts possess.

That's why we created a best-selling guide that walks investors-to-be through everything they need to know to get started. And because we're so dedicated to our mission, we've made that available for free.

If you're just starting out (or want to help out someone who is), go to www.fool.com/beginners, drop in your email address, and you'll be able to instantly access the quick-read guide ... for free.

For the listener

Whether it's on the stationary exercise bike or during my daily commute, I spend a lot of time going nowhere. But I've found a way to make that time benefit me.

The Motley Fool offers five podcasts that I refer to as "binge-worthy financial information."

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. It's also featured on several dozen radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable ... and I don't say that simply because the hosts all sit within a Nerf-gun shot of my desk. Rule Breaker Investing and Answers contain timeless advice, so you might want to go back to the beginning with those. The other three take their cues from the market, so you'll want to listen to the most recent first. All are available at www.fool.com/podcasts.

But wait, there's more

The book and the podcasts – both free ... both awesome – also come with an ongoing benefit. If you download the book, or if you enter your email address in the magical box at the podcasts page, you'll get ongoing market coverage sent straight to your inbox.

Investor Insights is valuable and enjoyable coverage of everything from macroeconomic events to investing strategies to our analyst's travels around the world to find the next big thing. Also free.

Get the book. Listen to a podcast. Sign up for Investor Insights. I'm not saying that any of those things will make you rich ... but Business Insider seems to think so.


Compare Brokers