Best Stocks to Buy Now: These Tech Picks Promise Tremendous Upside in 2014

Best stocks to buy for the week ending March 14, 2014: Stock futures suffered worldwide on fallout from the Ukraine. A referendum set for yesterday (Sunday), in which Crimeans voted on whether to become part of Russia or declare independence first, had investors increasingly cautious as the week ticked by.

The Dow Jones Industrial Average ended the week down 2.35% to close at 16,065.67. The Standard & Poor's 500 Index closed down at 1,841.13, a 1.97% loss. And the Nasdaq dropped 1.43% by Friday to close at 4,245.40.

The downturn presents investors with opportunities to nab valuable stocks at a discount. Money Morning keeps readers current on the best stocks to buy now, and innovation in tech headlined our picks last week. These hungry, inspired companies are a driving force behind the U.S. economy - and have a tremendous upside for investors. Here's what we covered last week:

  • On Wednesday, Money Morning Executive Editor William Patalon III wrote about three plays in the red-hot robotics sector. He believes one could have a 50% to 100% upside in 2014 alone because of improving finances and a potential for a takeover. MarketWatch agreed - they liked Patalon's pick so much, they made it their "Call of the Day."

stocks to buy

  • Speaking of great upside potential, this young biotech firm had about 26 months' worth of cash in its coffers as of the end of Q3 2013. It currently has a market cap of $389.6 million, and its stock value has increased by 126.4% in 12 months. Money Morning BioScience Investment Specialist Ernie Tremblay expects it'll move even higher in 2014...

NOW: An aging bull is igniting this sector rally, and some equally dramatic indicators point to it heading much higher still...