This Day On The Street
Continue to site
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

5 Tech Stocks to Buy Instead of Facebook

BALTIMORE ( Stockpickr) -- Facebook (FB - Get Report) is getting all the attention today as we creep one session closer to the social network's first day as a publicly traded company. The argument for most of the folks lining up to buy shares is simple: They want a chance to get in on a fast-growing IPO at the ground floor.

But their focus on Facebook is misguided. Here's why.

Put simply, Facebook is pricey. One of my colleagues said it best when he argued that "retail investors aren't buying Facebook at the ground floor; they're buying at the top floor and hoping that Facebook keeps building floors on top of it."

>>5 Banks to Buy After JPMorgan's Big Mistake

Facebook is also in a saturated space. The firm has around 63% of the social media market right now, a share of the market that's essentially been stagnant since the end of 2010 according to data from Experian Hitwire. While that hardly means that revenue growth numbers are about to get blasted, it does mean that one of the biggest growth drivers, market share, has already died off. So while many investors scramble to buy Facebook shares at a premium on Friday, let's look at some alternatives: instead, we'll turn to a handful of technology names that still have that market share growth in place.

And frankly, the names on this list may surprise you. Market share growth isn't relegated to volatile small-caps; all five companies are mid-cap or bigger, and two are bigger than Facebook's expected market cap will be on Friday's first trade. To find them, I took a pure view of market share, screening for names that grew their revenues compared to the sum of their peers' revenues in the last year. From there, the most attractive fundamental names in the tech sector made this list.

Without further ado, let's get right down to the five stocks growing their market share faster than Facebook.
1 of 6

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
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
FB $94.20 -2.80%
EMC $26.04 0.00%
INTC $28.35 0.00%
MA $94.39 -1.50%
ORCL $38.51 0.00%

Markets

Chart of I:DJI
DOW 17,568.53 -127.94 -0.73%
S&P 500 2,079.65 -12.01 -0.58%
NASDAQ 5,088.63 -48.8540 -0.96%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs