Money Morning's Defense and Tech Specialist Michael Robinson just told readers about one of the best tech stocks to buy now - and it's actually the second time he's recommending the stock. That's how good the potential is.
Robinson first told his readers about this tech stock in July 2013. At the time, it had a share price of just $23.87.
Today, the stock opened at $36.56. That's a 53% gain in just 18 months.
But Robinson said this tech stock still has huge upside...
One of the Best Tech Stocks to Buy for 2015
The stock we're talking about is not a flashy new startup, but an industry veteran that's deeply involved in some of the sector's biggest trends...
Intel Corp. (Nasdaq: INTC).
Robinson traveled to the Consumer Electronic Show (CES) 2015 earlier this month and saw for himself firsthand.
"One of the highlights of my trip to CES was the Intel pavilion," Robinson said. "There we witnessed prominent new-media artist Joshua Davis demonstrate the power of Intel's RealSense camera. The RealSense camera has state-of-the-art motion capture that lets you create images on a computer screen through hand and body movements."
The company's innovative Core M processor also caught his eye. The new technology is so energy efficient that laptops and mobile devices no longer require cooling units built inside.
"These unprecedented levels of energy efficiency are a very big deal," Robinson said. "We can expect longer battery life and greater graphics and streaming-video performance."
But the new processors aren't the only reason to be bullish on INTC in 2015.
In fact, Intel owns a massive microchip factory in Vietnam - it's the size of six football fields - which few investors know about it. And according to Robinson, it's a massive wealth opportunity for the company and investors...
The Biggest Key to INTC Stock's Growth in 2015
Right now, Vietnam's economy is growing at a rapid pace. And booming microchip production is one of the biggest reasons why.
Gross domestic product was up 6.19% in Q3 2014 from a year earlier. For the first nine months of last year, industrial output grew 6.7%. Exports rose 14.1% from a year earlier to $109.6 billion. And a big part of those exports are microchips.
"Roughly 80% of this year's central processing units (CPU) for PCs will be made not just in Vietnam, but in a single location - Saigon Hi-Tech Park," Robinson said. "The plant that will produce all these chips is owned by Intel.
"Intel is not only the world's leading PC chipmaker, with its flagship Haswell CPU product; it's also long been a leader in Vietnamese tech production," he continued. "Intel Vietnam's CPU line is the latest addition to a major testing and production plant that broke ground back in 2006."
In 2014, that factory alone accounted for $1.8 billion in exports.
"And don't forget: Intel is revamping operations to focus on the high-growth sectors of mobile and wearable tech," he said. "In mobile, Intel is particularly focused on low-power, high-performance chips for tablets. The company wants to sell 40 million a year, four times what it sold in 2013."
In the last year, INTC stock is up 45%. That's nearly six times the return the Dow Jones has seen in the same time. The company's operating margin is 28% and its return on equity is 20.5%. Last year, Intel generated more than $8 billion in free cash flow.
Plus, Intel stock pays a 2.5% dividend yield.
"Intel may be the old man of Silicon Valley - where we're always looking for the next, next thing - but this veteran company remains one of the best tech stocks to buy," Robinson said.
The Tech Industry Has Never Been More Exciting for Investors... In 2014, our Tech Expert Michael A. Robinson covered more than 100 ways to make huge profits from tech stocks. And he'll share a lot more tech investing ideas in 2015. But first, he answers some of your biggest and most important questions about investing in tech...