Investing in tech!

Ok, so this blog also stems from our discussion in class the other day. Dr. C brought up Intel stock, and discussed their recent earnings. I thought it would be fun to write a blog about the various tech stocks I own and why I have chosen them

MSFT-

That is right, Microsoft. No, I have not made a pact with Satan. Microsoft stock, when I bought it, around 28 points, and now (30 points) is pretty undervalued. It is of course a low risk stock with a beta of .96. I do agree with many critics that Microsoft might have fallen off then innovation edge, but luckily for them, they have money! So, although they do not have the most popular search engine, Bing has chipped away at Google's market share in a significant manner. The X-box 360 is doing quite well and will be a continued source of income as the system's price is lowered, new games continue to be released, and online fees pile in. I am not crazy about everything this company is doing, but it is undervalued and has its hands in all the right places.

ERIC-

Ericsson. Well the main reason I picked up a small portion of this stock is because I will be working for them this Summer. Their earnings came out this pass week and were less than stellar, but not terrible. As I was researching the company for my interview, I was very impressed by the company and their desire to be the leading innovator in the field. I was very impressed to see the amount of patents they held. They have the most in the industry. When I met with the hiring manager, he seemed very excited about the future of the company and they seem to have corrected many of the issues that have faced the company since the recent economic downturn.

VMW-

VM Ware. Let me begin by saying that I LOVE this company. CLOUDS!!! VMW is leading the field in virtualization. As many other companies struggle to keep pace, VMW is miles ahead. Their clients are growing rapidly and each of those clients is continually purchasing more products. I feel bad for those how jumped on board when this stock was hyped to 120 points, but if you were able to get in around the 40 mark, or even now at 57, I would recommend it. Although, their earnings are released in the next few weeks and the estimates are rather high, so I am not sure if it can meet them. Perhaps a short term down turn is approaching, but this is a long term gem. I might sell a bit of mine in the coming weeks to secure some gain, but I plan on owning this stock for many years to come.

Well, best of luck investing and if anyone does happen to drop by, I am always interested in learning about new opportunities.