This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tech Trends to Watch in 2008

Editor's note: This is Part 1 or a two-part series. Check back next week for Part 2.

Fact: Over the last 12 months,'s Internet index of 21 leading technology stocks has risen 16%, significantly outperforming the 4% appreciation for the Dow Jones Total Market Index.

Fact: The three hottest stocks in this Internet index have been: Amazon (AMZN), up 146%, Research In Motion (RIMM), up 141%, and VeriSign (VRSN), up 56% for the last 12 months.

Fact: Believe it or not -- Internet stocks can decrease in price. The three worst performing stocks in the index, Monster (MNST - Get Report), Avocent (AVCT) and Interactive (IACI), actually lost 23% of their value during the same period.

What explains the difference?

If you believe McKinsey's just-published article in its quarterly, "Eight business technology trends to watch," the answer is simple. Winning companies don't just use technology; they create new ways of doing business.

In the spirit of stirring up dialog about which are the best stocks for 2008, here are the eight trends as outlined in the McKinsey article and my comments on near-term valuations for Internet stocks:

The first four trends fall under the theme of managing relationships.

1) Distributing co-creation. According to McKinsey, the Internet and related technologies can give companies radical new ways to harvest the talents of innovators working outside corporate boundaries. This trend refers to the way companies co-create with partners and strive to be more productive.
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
HLTH $4.22 0.00%
MNST $144.22 0.00%
MSFT $49.87 0.00%
WBMD $62.74 0.00%
AAPL $93.74 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs