Tech Stocks is something that comes in spotlight with fabulous information-technology companies as the latest most promising stock picks shows the latest "Conviction List" for the Americas. If you can take the shot with the historical bounds then you can check out with the perfect market rebounds.
“The investment banking firm's analysts see their choices with upside potential of 13% to 32% in the coming year, even though its market strategists expect a volatile, yet flat, performance by the broader market through 2013.”
You can slow down here with the European debt crisis threatening a recession with the perfect economic growth about 1.5%. A little changed with relatively bleak outlook for 2012 with the Goldman's economic strategy. You can take the gain with .7% so far in the fourth quarter as S&P 500 is down 1% this year. As it says "in order to maintain their profit margins and competitive positions within their sectors, (it) will require an elevated level of IT spending."
S&P IQ says of IT: "We see the sector outperforming as a challenging growth environment drives continued enterprise-level productivity improvements, which we don't think are fully reflected in very low valuations."
This it "should outperform given the weak economic backdrop." Gartner, an IT research firm slashes down with 2012 in half. It sees sales up 2.2% in 2012 compare to the earlier project of 4.6%.
“Goldman's "conviction buy" list last year had eight stocks and only one, talent-management software firm SuccessFactors(SFSF_), beat its price target.
“Three stocks, iPad and iPhone maker Apple(AAPL_), business-software company Oracle(ORCL_) and telecommunications-products maker Qualcomm(QCOM_), were on the list last year and again this year. They each are trading short of their 2011 price target -- Apple and Oracle each by about 13%, and Qualcomm by 7%”
This year you will collecting the buy list over the market that gives you a list of credit card processor Visa(V_) and the ubiquitous Apple.