Stockpickr: The Top 10 High-Yield Tech Stocks

Another name on the Top 10 list is Microchip Technology(MCHP Quote), which has almost $1 billion in net cash, spins off $485 million a year in cash flows, and has a 3.1% dividend yield. What's interesting here is that the past 14 times the company has issued a dividend, that dividend has been higher than the prior one, so I expect that 3.1% yield to increase.

For the full list of top funds owning Microchip Technology, click here. One fund that I'm a fan of that also owns Microchip Technologies is the Wasatch Global Science and Technology Fund, which was up 16% in 2006.

To see the remaining seven stocks on the Top 10 Yielding Tech Stocks, please check out the portfolio page on Stockpickr. You can receive email notification when the portfolio is rebalanced by rating it with four stars.

Stockpickr Tip of the Day: One thing to note about the recommendations algorithm: For each portfolio, we find all the portfolios -- pro and otherwise -- that are highly correlated with yours, and then we find five recommendations. The first three are stocks that are well-loved by the portfolios correlated with yours. The second two are also holdings of the portfolios similar to yours but are intended to be more speculative.

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