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

5 Tech Sector Bargains to Buy in 2013

Garmin is the biggest GPS and navigation system maker in the world. The firm's products range from ubiquitous in-car devices to advanced electronic flight deck systems used in the latest business jets. That wide range gives Garmin some key advantages that the competition can't match. Because Garmin spends considerable R&D dollars on its bigger ticket aviation and marine navigation systems, it's able to develop exciting technologies that can flow down to its lowest-common-denominator automotive GPS business at minimal cost. So, since Garmin's high-end operations pay for themselves, it can squeeze bigger margins out of its efforts.

That dramatically lessens the risks surrounding the competition in the automotive GPS space. Garmin's embrace of the fitness and sports markets are offering some new big opportunities in 2013: the firm's line of GPS-equipped golf watches was a huge seller for the holiday season. As Garmin leverages its tech across more markets than peers can, it should continue to dominate its market. Ample cash and a 4.3% dividend yield don't hurt either.


It's been a rough year for Intel (INTC - Get Report) -- in the last 12 months, shares of the chipmaking giant have slid around 12%, giving Intel underperformance that's closing in on 25% versus the S&P 500. That poor price performance has given Intel a bargain pricetag in January: right now, the firm trades for a paltry P/E of 8.9, a nearly 60% discount to the rest of the tech sector. The firm's cash flows are even cheaper for its share price right now -- that metric sits at a 70% discount to the tech sector.

Intel is the dominant microchip maker in the world. The firm takes home around 80% of the global microprocessor business, manufacturing the "brains" behind the vast majority of computers coming off of assembly lines. But despite that dominance, there's still considerable room for growth, especially given the ballooning demand for chips that power mobile devices. In an industry where commoditized computers are driving PC margins lower and lower, Intel's ability to maintain a stellar moat is commendable. And it should continue to be lucrative in 2013.
3 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

Check Out Our Best Services for Investors

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
GRMN $43.01 0.89%
INTC $30.61 1.09%
ORCL $40.30 1.10%
STX $20.48 -5.93%
YHOO $36.53 -0.19%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs