This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

9 Tech Stocks Cashing in on Web Shopping (Update2)

Stocks in this article: AAPL BIDU CAJ DELL ELNK MSFT PLT PCLN YHOO

9. Canon (CAJ)

Company profile: Canon, with a $54 billion market value, makes a range of consumer and electronic products including copiers (18% of sales), cameras (23%), and printers (35%) around the globe. Canon's headquarters and 26 of the firm's 45 manufacturing plants are in Japan, but nearly 80% of revenue is derived from international markets.

Investor takeaway: Canon's shares are up 2.6% this year and have a three-year average annual return of 23% and carry a 3.15% dividend yield. Analysts give its shares one "buy" rating, one "buy/hold," and one "weak/hold," according to an S&P survey. Those same analysts project earnings will grow 14% this year to $2.79 per share. S&P has it rated "buy," with a $50 price target, an 11% premium to the current price.

8. Plantronics (PLT)

Company profile: Plantronics, with a $1.6 billion market value, makes lightweight headsets for mobile and cordless headsets designed for long-time telephone conversations in office settings such as for customer service workers, or in mobile applications.

Investor takeaway: Plantronics' shares are up 6.3% this year and have a three-year average annual return of 63%. Analysts give its shares four "buy" ratings, one "buy/hold," and four "holds," according to an S&P survey. S&P has its shares rated "buy," on an outlook for steady earnings growth, with a $46 price target, which is a 21% premium to the current price.

7. Earthlink (ELNK)

Company profile: Earthlink, with an $800 million market value, is one of the nation's largest Internet services providers, and also offers value-added services such as Web hosting, advertising, voice over Internet protocol telephone services, and managed data networks.

Investor takeaway: Earthlink's shares are up 16% this year and have a three-year average annual return of 12%. Analysts give its shares five "buy" ratings and one "buy/hold," according to an S&P survey. S&P has its shares rated "strong buy" with a $10 price target, which is a 33% premium to the current price.

The company says recent acquisitions have significantly boosted business services capabilities which will boost sales.

6. Yahoo (YHOO)

Company profile: Yahoo with a $19 billion market value, is one of the most heavily visited collection of Web sites on the Internet. Some of its more trafficked sites include Yahoo Search, Yahoo Mail, and Yahoo News. Advertising represents 84% of revenue. Yahoo also owns 35% of Yahoo Japan (YAHOY) and 43% of Hong Kong-based Alibaba.com.

Investor takeaway: Its shares are down 7.7% this year, and have a three-year average annual return of 5.3%. S&P gives its shares a "strong buy" rating with a $20 price target, a 35% premium to the current price. Analysts give its shares five "buy" ratings, four "buy/holds," 20 "holds," and two "weak holds," according to an S&P survey.

Although it's losing market share in advertising areas it once dominated, Yahoo has a solid balance sheet with just over $2 billion in cash at year-end and cash flow of $1.33 per share. Its real value may be unlocked as an acquisition target or in the sale of some of its business units. Its new CEO is said to be pursuing all alternatives, and "we think there is significant interest in some/all of the company," says S&P.

Yahoo is demanding licensing fees from Facebook for use of its patented technologies and threatening to sue the social media networking giant. Reuters reported Tuesday that representatives of the companies met on Monday to discuss the issues and that Yahoo has indicated it would go to court if necessary to defend its patents.

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs