Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
The Best Tech Stocks to Buy in 2017
http://mney.co/2jpKKy7
Required Please enter the correct value.
Twitter
Stocks: ADSK, FB, INTC, MSFT, RTN

The Best Tech Stocks to Buy in 2017

By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler • January 16, 2017

View Comments

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

To find the best tech stocks to buy in 2017, we picked from the four tech trends ready to take off this year.

Sales growth in these industries is expected to rise as much as three times, 12 times – in one case 30 times – by 2020. And the top stock picks in each sector have share-price targets as much as 40% to 100% higher than where they trade today.

You’ve likely been told before these trends are “hot” investments. Thing is, in years past, these particular technologies were not yet mature. Anyone who tried investing in these areas years ago and didn’t see the gains they expected was just too early.

But these industries have changed.

“My big tech sector prediction for 2017 is that these four ‘disappointers’ will achieve breakout status,” Money Morning Director of Tech & Venture Capital Research Michael A. Robinson said.

Robinson has a knack for identifying trends on the verge of going big and the stocks to buy to profit from them.

Time and again he’s delivered outsized gains to subscribers to his Nova-X research service, such as 396% on cybersecurity firm NQ Mobile Inc. (NYSE ADR: NQ), 352% on chipmaker Micron Technology Inc. (Nasdaq: MU), and 818% on biotech firm Pharmacyclics Inc. (now a subsidiary of AbbVie Inc. [NYSE: ABBV]).

Here Robinson takes you on the inside of these industries to show why they’re finally ready for breakout growth – and gives you the best stocks to buy now to make the most money from them…

Best Tech Stocks to Buy in 2017: Virtual Reality

We’ve been hearing about virtual reality/augmented reality (VR/AR) for almost two decades now.

Here’s a quick primer: Virtual reality is completely immersive – you only can see what a headset shows you. In augmented reality, holographic images are superimposed on real world surroundings, often using a tablet or smartphone (example: Pokèmon Go).

Robinson said he first encountered VR in 1991 with the Sega VR add-on to the Genesis console. But in the past few years, the technology finally caught up with the vision.

Last year, VR/AR tech began to reach “critical mass” with consumers, Robinson said, setting it up for a big year in 2017.

tech stocks to buyResearch firm IDC estimated that consumers bought 9 million virtual reality headsets in 2016, a 2,470% increase over VR headset sales the previous year.

And this market is just getting warmed up.

IDC has forecast the global VR/AR market will explode from sales of $5.2 billion in 2016 to sales of $162 billion in 2020.

"AR likely will be a much larger tech sector because its smart glasses, which overlay digital data like blueprints and technical specs, are already ripe for business users," Robinson said. "And we also could see most smartphone functions migrate to AR."

CitiGroup's Global Perspectives Group has forecast that the combined AR/VR market will balloon to $2.16 trillion in sales by 2035.

But Robinson is most excited about a third variation - mixed reality. Mixed reality combines elements of AR and VR.

Don't Miss: The Five Best Infrastructure Stocks to Watch in 2017

Mixed reality is a much more sophisticated augmented reality. In MR, sensors and advanced optics combine realistic holographic images that interact with the surrounding environment (creating a phantom hole in a wall that appears real, for instance).

"I believe 2017 will mark the first year in which MR begins to get attention from Wall Street and the financial media," Robinson said.

One of the best tech stocks to buy for mixed reality is Microsoft Corp. (Nasdaq: MSFT). The HoloLens is among the most advanced versions of MR right now, and Microsoft is positioning it to succeed both as a gaming platform and a business tool.

A tech stock to buy for VR is Facebook Inc. (Nasdaq: FB), which owns the Oculus Rift. The combination of Facebook's massive social media reach and a virtual reality platform opens up a lot of profitable possibilities.

CEO Mark Zuckerberg has called it "a new communication platform" and believes it will allow people to share experiences the way they share photos now.

Another tech stock to buy to profit from the VR/AR/MR trend is Intel Corp. (Nasdaq: INTC).

"This Silicon Valley chip leader is investing heavily in the field and could reap billions from VR and AR in the next few years," Robinson said.

Best Tech Stocks to Buy in 2017: Artificial Intelligence (AI)

Artificial intelligence is a tech trend that has had its share of hype over the years, but wasn't quite ready for prime time.

But according to Robinson, 2017 is when AI will shine.

"Thanks to breakthroughs made over the past decade, AI is now capable of 'cognitive computing,'" Robinson said. "That means the machines take key data relationships into account so the system can move swiftly onto the next set of data to crunch."

tech stocks to buyThe more capable hardware means AI finally can fulfill its long-promised potential. We're already seeing progress in AI-driven Big Data analysis, online chatbots that help customers resolve common issues, and devices talking to each other -- the Internet of Everything.

This is another market on the brink of explosive growth.

Research firm MarketsandMarkets has forecast that artificial intelligence sales will grow 12-fold from $420 million in 2014 to $5.05 billion in 2020.

Among the best tech stocks to buy for AI is Facebook Inc. (Nasdaq: FB), which already has deployed AI via chatbots on its Messenger platform and has big plans to use AI more widely.

Robinson said that Facebook has made more progress in AI technology than the other tech titans like Apple Inc. (Nasdaq: AAPL) and Alphabet Inc. (Nasdaq; GOOGL, GOOG), particularly in areas like face recognition.

Trending: Bitcoin Price Predictions and 2017 Forecasts from 11 Top Influencers

"With AI making Facebook an even more ruthlessly effective social network, the firm will remain in the lead for years to come," Robinson said.

He believes Facebook stock will climb over the next several years, reaching $250 a share by 2020 - nearly double the current price of $129.

Robinson is even more enthused about the tech stocks to buy for his last two 2017 tech trends...

Best Tech Stocks to Buy in 2017: Cybersecurity

Join the conversation. Click here to jump to comments…

David ZeilerDavid Zeiler

About the Author

Browse David's articles | View David's research services

David Zeiler, Associate Editor for Money Morning at Money Map Press, has been a journalist for more than 35 years, including 18 spent at The Baltimore Sun. He has worked as a writer, editor, and page designer at different times in his career. He's interviewed a number of well-known personalities - ranging from punk rock icon Joey Ramone to Apple Inc. co-founder Steve Wozniak.

Over the course of his journalistic career, Dave has covered many diverse subjects. Since arriving at Money Morning in 2011, he has focused primarily on technology. He's an expert on both Apple and cryptocurrencies. He started writing about Apple for The Sun in the mid-1990s, and had an Apple blog on The Sun's web site from 2007-2009. Dave's been writing about Bitcoin since 2011 - long before most people had even heard of it. He even mined it for a short time.

Dave has a BA in English and Mass Communications from Loyola University Maryland.

… Read full bio

Login
guest
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
ISIDORE
ISIDORE
6 years ago

THANKS FOR YOUR PICKS BUT I WAS WONDERING. DID YOU GET PAID FOR ANY RECOMMENDATION.

0
Reply
dzeiler_admin
dzeiler_admin
6 years ago
Reply to  ISIDORE

Hi Isidore,

Thanks for reading Money Morning. No one here ever gets paid or receives any compensation for making any recommendation. In fact, employees must wait just to purchase the recommendations according to these Money Map Press guidelines:

"We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation."

Hope this clears things up.

Dave Zeiler, Associate Editor, Money Map Press

0
Reply
Yolanda
Yolanda
5 years ago

Actually I love reading and getting information about money morning news letters so that way I can be knowledgeable for all stock's in money market some like that, that's why I love visiting this website because this is were I learn and get all the knowledge about investing stock's and all other money matters, thanks to this website for being here and for sharing all the information with me. Thanks again, love it…

0
Reply
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz