Stock Market For Beginners | Hot stocks to buy – Buy tech stocks, Best tech stocks of the year

Hot stocks to buy – Buy tech stocks, Best tech stocks of the year

There was a time when investing in technology stocks was considered to be the safest bet. This was before the dotcom bubble burst. After that period, the technology stocks were being seen as risky prepositions. No-one was sure about the stability and consistency of these stocks. But things have changed since then. The companies which survived the dotcom era came out with solid business model and they have been providing value for their shareholders consistently since then.

Before the recent economic recession, the technology stocks were considered to be one of the best stocks to buy. The technology sector was one of the top performing sectors in the market. But due to current downturn, this sector has taken a beating like any other sector. The credit crunch has forced the companies to layoff employees, stop expansion plans and do whatever they could to minimize the loss.

Now, we are beginning to see signs of recovery, more and more companies will want to get back to their profit making times as early as possible. And one of the best ways to do that is to upgrade themselves to the most updated technology which can provide cutting edge solutions quickly. That is the reason; the technology stocks will be back in business sooner rather than later.

While buying a technology stock, you can decide which type of technology stock you want to buy. If you are looking for stable companies which have become synonymous with technology, you can go with either of the below mentioned companies. All these have been in business for quite some time. Mostly all tech companies are listed in NASDAQ and most of these stable ones are even included in Dow Jones Industrial index.

International Business Machines (IBM)
Cisco Systems (CSCO)
EMC Corp (EMC)
Intel (INTC)
Hewlett-Packard (HPQ)

There are a few online companies which provide software solutions which are very famous. These include Microsoft (MSFT), Google (GOOG), Yahoo Inc (YHOO), Amazon (AMZN) Apple Computers (AAPL) and Oracle (ORCL).

Apart from these famous and well established companies there are companies which are considered to have more upside potential in near future. These companies may become some of the best tech stocks of 2009 and should be looked at if you want to make more money quickly in stock market:

First Solar, Inc. (NASDAQ:FSLR)
Apollo Group, Inc. (NASDAQ:APOL)
Electronic Arts Inc. (NASDAQ:ERTS)
Cephalon, Inc. (NASDAQ:CEPH)
Ryanair Holdings plc (ADR) (NASDAQ:RYAAY)
Hansen Natural Corporation (NASDAQ:HANS)
Activision Blizzard, Inc. (NASDAQ:ATVI)
Symantec Corporation (NASDAQ:SYMC)
O’Reilly Automotive, Inc. (NASDAQ:ORLY)
FLIR Systems, Inc. (NASDAQ:FLIR)
The DIRECTV Group, Inc. (NASDAQ:DTV)
NII Holdings, Inc. (NASDAQ:NIHD)
Comcast Corporation (NASDAQ:CMCSA)
Verisign, Inc. (NASDAQ:VRSN)
Gilead Sciences, Inc. (NASDAQ:GILD)
Intuit Inc. (NASDAQ:INTU)
DISH Network Corp. (NASDAQ:DISH)
Costco Wholesale Corporation (NASDAQ:COST)
Liberty Global Inc. (NASDAQ:LBTYA)
QUALCOMM, Inc. (NASDAQ:QCOM)
Express Scripts, Inc. (NASDAQ:ESRX)
Celgene Corporation (NASDAQ:CELG)
Cognizant Technology Solutions Corp. (NASDAQ:CTSH)
Seagate Technology (NASDAQ:STX)
Starbucks Corporation (NASDAQ:SBUX)
Dell Inc. (NASDAQ:DELL)
Infosys Technologies Limited (ADR) (NASDAQ:INFY)
Logitech International SA (USA) (NASDAQ:LOGI)

These are some of the hot stocks to buy in the technology sector. As with any stock, you should do proper analysis and research to find out whether the stock fits into your investing strategy and risk appetite.

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