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Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

  • Google

  • The Three Tech Businesses Investors Can't Afford to Ignore in 2010 The technology sector has always been about The Next Big Thing, and while next year will be no exception, products and services purchased will more reflect the needs of consumers and businesses - unlike the past when more tech buys reflected "wants."

    Call 2010 the year of "necessary technology."

    While 2009 has seen a dramatic turnaround in the world's stock markets, the rest of the key economic indicators - such as manufacturing, inventories, and jobs - have lagged behind. This has prompted less discretionary spending on technology, and even a postponement of some necessary purchases. Read More...
  • Investment News Briefs AOL Goes It Alone; Citi to Pay Back TARP Funds; Jim Rogers: Audit, Then Abolish The Fed; Goldman Sachs Adopts "Say on Pay" Policy; GE Gets Contract for World's Largest Wind Farm; Weekly Jobless Claims Rise, Trade Gap Narrows; Gold Bounces Back; U.S. Households' Net Worth Gains in Q3

    Read More...
  • Hewlett Packard-3Com Deal Shows Urgency for Growth in Competitive Tech Sector

    Hewlett-Packard Co.’s (NYSE: HPQ) pending buyout of 3Com Corp. (Nasdaq: COMS) highlights an accelerating race in the tech sector to grow businesses in an industry where development from within simply is not enough.

    H-P will pay $2.7 billion in cash for 3Com, which is second to Cisco Systems Inc. (Nasdaq: CSCO) in business networking. Cisco and H-P have steadily been encroaching on each other’s businesses: Earlier this year, Cisco started making servers while H-P last year began to renew investment in its ProCurve networking business.

    Read More...
  • Hot Stocks: Google's Drive for Dominance Extends Into the Burgeoning Smartphone Market Google Inc. (Nasdaq: GOOG) was founded in 1996 and went on to become the undisputed king of Internet search and advertising. Ten years later, it brought its ubiquitous search engine to mobile phones with the launch of Google Mobile.

    And now, with the proliferation of smartphones, Google is pursuing a broader range of mobile initiatives that will make it a leader in mobile software and take its advertising business into territory that so far has been uncharted.

    Google's original business model, as it applies to its trademark search engine, was to give away a product and have it funnel users to its targeted ads. Last year, the company built on that model by giving away its operating system (OS), Android, to any wireless handset maker that would have it. Read More...
  • Investment News Briefs With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Goldman Records $3.03 Billion 3Q Income; Nokia Posts First Loss; Google Opening Online Bookstore in 2010; Rio Tinto Abandons South Africa Plans; RIM Ramping up Storm2; Tandberg Shareholders Reject Cisco […] Read More...
  • Investment News Briefs With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Yum Beats Estimates, Raises Forecast; Exxon Considering $4 Billion African Oilfield Stake; Phone Manufacturers Targeting iPhone; Worldwide Mobile Subscriptions To Hit 4.6 Billion; Costco Profit Down, Family Dollar's Up; ING […] Read More...
  • "New Reality" For Newspaper Publishers Forces Search for New Revenue Streams to Tap Into As traditional print media continues its steep declines in advertising sales and circulation, publishers are struggling to come up with new and creative ways to generate revenue. Ad revenues in the newspaper industry plunged 16.7% last year to $37.8 million, according to the Newspaper Association of America (NAA). The 2009 take is estimated to fall […] Read More...
  • Google Joins Consortium Planning High-Speed Undersea Cable to Asia By William Patalon III Executive Editor Money Morning/The Money Map Report When the telecommunications revolution was still in its infancy, it was the clickety-clack of the telegraph key that signified that information was being sent to a distant locale. But it was the construction of the transatlantic cable that really unleashed the first global telecom […] Read More...
  • Tech Convention To Get First Glimpse of Google's Phone By Mike Caggeso Associate Editor Techies around the world will finally get a peek at Google Inc.'s (GOOG) long-anticipated Android mobile phone platform at the Mobile World Congress in Barcelona, Reuters reported, citing an unnamed source at the company. The Internet search giant's highly anticipated wireless phone platform will be demonstrated by British chip designer […] Read More...
  • Google Chimes in on Microsoft's Bid For Yahoo By Jason Simpkins Associate Editor Google Inc. (GOOG) didn't waste any time before weighing in on Microsoft Corporation's (MSFT) takeover bid for Yahoo! Inc. (YHOO). Google officials lashed out against Microsoft's supposed motives yesterday [Monday], and even offered to help Yahoo! rebuff the takeover through a partnership of its own. "While the internet rewards competitive […] Read More...
  • Google’s Stock Eclipses 600, Analysts Already Calling for 700 By Mike Caggeso Staff Writer Shares of search-engine Google Inc. (GOOG) leaped over the $600 mark for the first time Monday, peaking at $623 yesterday (Tuesday), before closing at $615. Google hit this new high-water mark less than three weeks after Money Morning featured a story about analyst and media writer Paul R. La […] Read More...
  • Google Studies High-Speed Undersea Cable to Asia From Staff Reports In a move that highlights both Google Inc.'s ambitious global vision – and the massive infrastructure investments required to make that vision a reality – search-engine giant Google Inc. (GOOG) is in early discussions to invest in a group looking to lay a high-speed telecommunications cable beneath the Pacific Ocean. The project […] Read More...