Technology Stock Picks

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Technology sector was one of the best performing sectors of 2012 and bullish trend still continues and should for the rest of 2013. After the stock market bubble burst of early last decade, tech companies are now recording all time high earning which has caught their stocks being most undervalued of all the sectors. The companies have huge cash reserves and have such a global positioning that they can withstand global fluctuations.

Oracle Corporation (NASDAQ:ORCL) – The company offers an optimized and fully integrated stack of business hardware and software systems. The company has been the leader in database software for more than three and a half decades. It has grown over years and has made several acquisitions so that it is able to provide solutions in various sectors over the year like in 2012 it made several acquisitions in Industrial Solutions, networking and storage systems and applications. Recently, the company has announced its acquisition of Nibula a provider of private cloud software and services to enterprise customers.

The company is set to announce its third quarter results on 20th March 2013. As per its reported second quarter results, the company had revenues of $37.23 billion. Its profit margin was 28.38%. The stock is presently trading around $35 with P/E of 16.71 and EPS of 2.12.

Apple Inc. (NASDAQ:AAPL) – The company is best known for its hardware products like the MAC line of computers, iPod Music players, iPhone smartphones , Softwares like OS X and iOS operating systems. The company recently announced that it is sitting on excessive cash reserves of which they plan to return approximately $45 billion to the shareholders. In = first quarter of its fiscal year 2013, the company reported quarterly revenues of $54.5 billion and net profits of $13.1 billion or $13.87 per diluted share. International markets have been largest revenue generators for the company. The company faces stiff competition from Nokia which is giving it tough competition in one of Apple’s strongest markets of China.

AAPL is currently trading around $428.35 with P/E of 9.72 and EPS of 44.10. The company’s indicated forward annual dividend rate is $10.60. The company’s shares have fallen by 27% in last 52 weeks due to concerns of loss in sales in China. But for its second quarter, the company expects reveues between $41 billion and 45 billion.

Teradata Corporation (NYSE:TDC) – The company provides analytic data solutions worldwide. The company offers data warehousing solutions. The company recently has launched Teradata Data Warehouse Appliance 2700, the industry’s premier, high performing, enterprise-class data warehouse appliance. An integral part of the Teradata Unified Data Architecture, the Teradata Data Warehouse Appliance empowers organizations to react quicker to changing business conditions and speed ahead of their competition. For last fiscal year the company announced 13% increase in revenues to $2.665 billion, operating margin was 21.91% whereas the return on equity was 25.60%.

The stock is currently trading around $58 with P/E of 24.13 and EPS of 2.44

Cisco Systems Inc. (NASDAQ:CSCO) – Cisco Systems Inc. designs, manufactures, and sells Internet protocol (IP) based networking and other products related to the communications and information technology industries worldwide. It offers switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, access points, and servers, as well as function as aggregators on local-area networks and wide-area networks; and routers that interconnects public and private IP networks for mobile, data, voice, and video applications.

In recently announced second quarter results, the company reported net sales of $12.1 billion and EPS of $0.59. The company announced completion of its acquisitions of Cloupia Inc. Meraki Inc., Cariden Technologies Inc. and BroadHop Inc.

The stock is currently trading around $21with P/E of 12.49 and EPS of $1.74.

Synchronoss Technologies Inc. (NASDAQ:SNCR) It is a mobile innovation company that provides personal cloud solutions and software-based activation for connected devices across the globe. The company sells its products and services through direct sales force and strategic partners in North America, Europe, and the Asia-Pacific.

The company recently acquired Research in Motion Limited’s Subsidiary NewBay for cash $55.5 million. By adding NewBay’s technology assets and millions of subscribers, this transaction establishes Synchronoss as the clear leader in providing cloud based mobile content services for mobile operators around the world. For fiscal year 2012 the company announced revenues of $273.5 million with diluted EPS of $0.60
SNCR is currently trading around $30 with P/E of 44.30 and EPS of 0.69.

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