These 3 Tech Stocks are Rising

Shares of Microsoft, SolarCity, and LinkedIn rallied alongside the Dow Jones.

Apr 22, 2014 at 11:30AM

The Dow Jones Industrial Average (DJINDICES:^DJI) had risen more than 90 points as of 11:30 a.m. EDT. Microsoft (NASDAQ:MSFT) was the index's best-performing tech stock, though that wasn't saying much, as the Windows maker hovered near breakeven. However, tech stocks SolarCity (NASDAQ:SCTY) and LinkedIn (NYSE:LNKD) experienced far more notable rallies.


Source: Wikimedia Commons.

Home sales come in better than expected
Perhaps helping to fuel the Dow Jones' rally, data released on Tuesday showed that more existing homes (as opposed to newly built homes) were sold last month than economists had anticipated. The National Association of Realtors said 4.59 million existing homes were scooped up in March, beating the projection of 4.55 million.

More existing home sales suggests that the demand for housing in the U.S. is increasing. A stronger housing market indicates the economy may be strengthening, in turn boosting the stock market.

Microsoft will soon make handsets in-house
Microsoft will finally close on the purchase of Nokia's handset business later this week, and then begin making Windows Phones in-house. The deal had originally been announced last year, but took until this week to obtain regulatory approval.

Microsoft will now be able to create integrated mobile devices -- both hardware and software; it  believes this process will be capable of delivering superior results. Although there are a number of impressive Windows phones, Microsoft's overall share of the market has dwindled in recent years, and in the U.S., is only in the single digits. By crafting better devices, Microsoft may be able to turn it around, though it remains in distant third place behind Android and iOS.

SolarCity gets upgraded
SolarCity shares rose nearly 5% early in trading Tuesday. There wasn't any news in particular to explain the rise, but SolarCity is a volatile stock, prone to wild moves -- investors in the name should anticipate regular swings.

Last week, Baird Research issued a bullish forecast on SolarCity, giving it a $75 price target and arguing that shares -- at current levels -- were a terrific buying opportunity. Investors appear to be following its recommendation on Tuesday, snapping up the stock and sending the solar power company to the upside.

LinkedIn introduces new mobile feature
LinkedIn shares were up 1.8% in early trading after the company announced a new feature that in coming weeks will make it easier for mobile users to share photos with their LinkedIn connections. This may seem like a feature best reserved for more casual social networks, but LinkedIn argues that it will have professional applications, such as allowing applicants to demonstrate their work.

This mobile feature is particularly salient, as LinkedIn announced last week that it had passed 300 million members, and dubbed itself a primarily mobile company.

Microsoft could be about to miss out on the next big tech market
If you thought the iPod, the iPhone, and the iPad were amazing, just wait until you see this. One hundred of Apple's top engineers are busy building one in a secret lab. And an ABI Research report predicts 485 million of them could be sold over the next decade. But you can invest in it right now... for just a fraction of the price of AAPL stock. Click here to get the full story in this eye-opening new report.

Sam Mattera has no position in any stocks mentioned. The Motley Fool recommends LinkedIn and SolarCity. The Motley Fool owns shares of LinkedIn, Microsoft, and SolarCity. 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.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't 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.

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