These Tech Stocks Will Make Me Rich

Recs

2

Welcome to week 13 of my stock-picking throwdown with Mr. Market. Let's get right to the numbers:

Company

Starting Price

Recent Price

Total Return

Akamai (Nasdaq: AKAM)

$22.23

$13.79

(37.9%)

Harris & Harris

$6.22

$4.58

(26.4%)

IBM (NYSE: IBM)

$129.05

$85.15

(34.0%)

Oracle (Nasdaq: ORCL)

$22.75

$16.85

(25.9%)

Taiwan Semiconductor

$10.34

$7.37

(28.7%)

Average return

--

--

(30.58%)

S&P 500 SPDR (AMEX: SPY)

$126.73

$90.86

(28.30%)

Difference

--

--

(2.28%)

Source: Yahoo! Finance as of Nov. 6, 2008.

At least my tech portfolio took a week to backslide 6%. The S&P 500 fell 10% over two days, Wednesday and Thursday. Some non-tech decliners during that time included The Blackstone Group, down around 16%.

Of course, high tech has its losers, too. CEO Jerry Yang, fresh off an embarrassing breakup with Google (Nasdaq: GOOG), now says he wants Yahoo! (Nasdaq: YHOO) to tie the knot with Mr. Softy.

So be it. Top investors look to invest in businesses with sustainable, long-term advantages, and in doing so, produce superior returns -- like when David Gardner produced a decade of 20% returns, annualized, by buying and holding the likes of Amazon.com (Nasdaq: AMZN) and eBay in the real-money Rule Breaker portfolio, or when Tom Gardner selected a "simpleton portfolio" to hold for a decade, with market-crushing results. I think these five tech stocks will produce plenty of durable gains.

Checkup time!
Now, let's move on to the rest of today's update:

There's your checkup. See you back here next week for more tech stock talk.

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Amazon and eBay are Stock Advisor selections. Akamai, Google, and Harris & Harris are Rule Breakers recommendations. Try either of these market-beating services free for 30 days. There's no obligation to subscribe.

Fool contributor Tim Beyers is getting killed in Motley Fool CAPS right now. Thankfully, his real portfolio is doing better.

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Tim had stock and options positions in Google and stock positions in Akamai, Harris & Harris, IBM, Oracle, and Taiwan Semiconductor at the time of publication. The Motley Fool owns shares of S&P 500 depositary receipts and has a tech-tastic disclosure policy.

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11/9/2009 4:00 PM
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