Among all stocks listed on the Standard & Poor’s 500 index, technology stocks have high ownership among gurus, according to the S&P 500 Guru Grid. With a combined rating of 169%, Microsoft Corp. (NASDAQ:MSFT) has the highest combined weighting of all gurus among S&P 500 stocks. Alphabet Inc. (GOOGL) and Apple Inc. (NASDAQ:AAPL) have the second and third highest combined weighting, respectively. Although these technology companies are heavily owned by gurus, the top two technology stocks featured major sellouts during the first half of 2016.
Both NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) have performed brilliantly this year. I had recommended buying both the stocks a few months ago and both the stocks are up considerably since then. AMD in particular has provided triple digit returns.
After the recent run up, I think AMD has less room to run and lesser safety margin than NVIDIA. Hence, I think AMD investors should book partial profits, whereas NVIDIA investors should continue holding the stock, primarily because of the company’s diverse revenue stream.
Due to the growth of the entire gaming industry, I have been bullish on several gaming stocks. I recently recommended buying Activision (ATVI) on the pullback, and the stock has yielded close to 15% returns since then. This is a bullish case for Activision’s rival, Electronic Arts (NASDAQ:EA).
Last month, eBay (NASDAQ:EBAY) introduced a new strategy for its seller promotion campaigns, which saw the company move from the free listing offers to what it now calls Final Value Fees. The new promo strategy involves capping commission fees at different invitation levels based on monthly sales.
For instance, some sellers receive an invitation for fees capped at $20 while others saw theirs capped at $50. These caps meant that for a Final Value Fees of $50, the seller would pay no more than $50 for the entire month. The fees were introduced in May and implemented in June.
Knoll (NYSE:KNL) is an internationally recognized brand whose designs inspire, evolve and endure. Its portfolio has an array of products like furniture, textile, leather and accessories brands, including Knoll, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck, FilzFelt, Edelman Leather and Holly Hunt.
The company reported a first quarter with significant margin and operating profit expansion.
Illinois Tool Works Inc. (NYSE:ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totalling $13.4 billion in 2015.
The company’s seven industry-leading segments leverage the unique Illinois Tool Works business model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. Illinois Tool Works has nearly 50,000 dedicated colleagues in operations around the world who thrive in the company’s unique decentralized and entrepreneurial culture.
Children are born every day and every time one comes to this world, plans are put in place to ensure that they have the best that they could possibly get in life. This includes health, education and other basic needs.
In such plans, we usually have those who plan to spend and those who develop the products and services that attract such expenditures. However, when you look at both cases, the two parties are in a way investing in kids.
Tesla Motors (NASDAQ:TSLA) has been making inroads into the Chinese economy in the last few years.
Not only has the country emerged to become the largest auto market in the world, but it has a good appetite for electric vehicles as well. This is primarily why Tesla is so keen on expanding its footprints in this Asian economy. China’s strict emissions rules have been suggesting that the market is going to grow in favor of electric cars over the next few years. This is triggering automakers to get into the development of electric vehicles to meet the stringent requirement.
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