Tech stocks have been falling as the Treasury yield has been rising to levels we haven't seen since January Jim Cramer talked about the linkage between bonds to the Nasdaq and how sick he is of it. Eric Jhonsa shared on Real Money the three technology stocks that could do well in a lengthier rotation, as tech companies will likely to see revenue growth inflect higher could continue doing well, as might relatively inexpensive ones that are poised to continue growing. For more in-depth coverage of the semiconductor sector including trading recommendations and investment strategies, follow Eric Jhonsa on Real Money. Here is a list of the technology stocks to watch and their performance by percentage change over the past week amid trading Friday, Mar. Cramer talked about Shopify SHOP - Get Report this past week on TheStreet and how great of a company it is but told investors they should be prepared for the stock to come down.
Best Buy says hot housing market is boosting demand for TVs, home consultations
The principles of buying tech that lasts, according to an expert
As Americans move into new houses, remodel homes and watch real estate values rise, Best Buy CEO Corie Barry said they are buying appliances and big-screen TVs and hiring the company to set up new technology. The strong housing market is one of the key reasons why the consumer electronics retailer exceeded analysts' expectations for fiscal first-quarter earnings , according to Barry. She said stimulus checks also fueled spending on home theaters, appliances and computing. Home prices have been rising for months, as housing supply falls to near-record lows and interested buyers make competitive bids.
The Internet wants Jeff Bezos to buy and eat the Mona Lisa
The welcome screen for the Robinhood App is displayed on a screen in this photo illustration January 29, Robinhood Markets Inc on Thursday unveiled a new platform that will give retail investors the opportunity to buy shares in initial public offerings, something that has long been the exclusive domain of Wall Street funds. The popular online brokerage startup, which is preparing to make public its own IPO paperwork in the coming weeks, is rolling out the investing platform in phases for users of its trading app, a step in its quest to "democratize" finance.
It's no secret that we are in a semiconductor shortage. The pandemic accelerated the already-present trends of 5G, artificial intelligence, cloud computing, and automation across industrial factories and autos. That means booming demand not only for proprietary chips, but also the makers of components that support these chips and intelligent machines. Component companies are related to semiconductors but are really more like industrial stocks or even commodities, which should also do well in this strong, reflating economy.