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2 Tech Stocks With Explosive Growth Potential ?
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| 2 Tech Stocks With Explosive Growth Potential - 2 Tech Stocks With Explosive Growth Potential |
2 Tech Stocks With Explosive Growth Potential - Here are 2 Tech Stocks With Explosive Growth Potential
Our readers have been impressed by our accurate predictions lately, but want to find out 2 Tech Stocks With Explosive Growth Potential in 2018.
Number #1
Logitech International SA (USA) (NASDAQ:LOGI) is one of those companies that hides in plain sight because what it makes is so ubiquitous. LOGI started in Switzerland in 1981, making mice for computers. Since then, it has expanded its product line to a wide range of consumer computer products, from keyboards and gaming to smart houses and home entertainment.
Through its focused approach to the growing marketplace, LOGI products are now available in more than 100 countries and Logitech stock sports a $5 billion market cap. LOGI’s strength is in its ability to recognize new trends. It then looks to innovate its core products to serve the new trend. And it has managed to do that for decades.
In late January it reported Q3 FY2017 earnings and they didn’t disappoint. Revenue for the quarter was up 7%, operating income was up 34% and retail sales were up a record 13%.
What’s more, LOGI guided higher for all of FY2017, expecting 12% to 13% sales growth for the year, which means Q4 should be very strong. The stock is up 43% in the past six months. No surprise there.
PENNANT pattern is showing on the logitech chart, after a sideways moment for the last 6 months. We would think Logitech could move up to 42 if a break of this pennant is seen! .
Number #2
Nvidia Corporation (NASDAQ:NVDA) is the leading light in the data visualization sector. In the early days, NVDA simply made high-end computer graphics cards that were very popular with gamers and big research labs. But it wasn’t long until demand started cropping up in a number of industries.
Big Data uses data visualization to allow people to see trends and patterns in the massive amount of numbers that are crunched. Self-driving vehicles (and next gen human piloted vehicles as well) need incredibly fast and accurate information processed to function safely.
And yes, even gaming has reached a new level. With virtual reality and augmented reality set to become the industry standard, high quality, fast processing and rendering is crucial. And NVDA is there to meet the demand on all counts.
The stock is on a tear for the past year, but given the fact that the more tech touches our lives in new and different ways, it is one more opportunity for NVDA. And that doesn’t even take into account the massive amount potential in all the markets it’s already a key player in.
With buyers flurrying to the Nvidia chart in recent times, we have an ASCENDING TRIANGLE on our hands, which means that in an uptrend ASCENDING TRIANGLE patterns usually resolve or breakout to the upside, and you can see the price action is already doing that with a target of about 270 on the upside, is what we could acheive.
Our readers have been impressed by our accurate predictions lately, but want to find out 2 Tech Stocks With Explosive Growth Potential in 2018.
Number #1
Logitech International SA (USA) (NASDAQ:LOGI) is one of those companies that hides in plain sight because what it makes is so ubiquitous. LOGI started in Switzerland in 1981, making mice for computers. Since then, it has expanded its product line to a wide range of consumer computer products, from keyboards and gaming to smart houses and home entertainment.
Through its focused approach to the growing marketplace, LOGI products are now available in more than 100 countries and Logitech stock sports a $5 billion market cap. LOGI’s strength is in its ability to recognize new trends. It then looks to innovate its core products to serve the new trend. And it has managed to do that for decades.
In late January it reported Q3 FY2017 earnings and they didn’t disappoint. Revenue for the quarter was up 7%, operating income was up 34% and retail sales were up a record 13%.
What’s more, LOGI guided higher for all of FY2017, expecting 12% to 13% sales growth for the year, which means Q4 should be very strong. The stock is up 43% in the past six months. No surprise there.
PENNANT pattern is showing on the logitech chart, after a sideways moment for the last 6 months. We would think Logitech could move up to 42 if a break of this pennant is seen! .
Number #2
Nvidia Corporation (NASDAQ:NVDA) is the leading light in the data visualization sector. In the early days, NVDA simply made high-end computer graphics cards that were very popular with gamers and big research labs. But it wasn’t long until demand started cropping up in a number of industries.
Big Data uses data visualization to allow people to see trends and patterns in the massive amount of numbers that are crunched. Self-driving vehicles (and next gen human piloted vehicles as well) need incredibly fast and accurate information processed to function safely.
And yes, even gaming has reached a new level. With virtual reality and augmented reality set to become the industry standard, high quality, fast processing and rendering is crucial. And NVDA is there to meet the demand on all counts.
The stock is on a tear for the past year, but given the fact that the more tech touches our lives in new and different ways, it is one more opportunity for NVDA. And that doesn’t even take into account the massive amount potential in all the markets it’s already a key player in.
With buyers flurrying to the Nvidia chart in recent times, we have an ASCENDING TRIANGLE on our hands, which means that in an uptrend ASCENDING TRIANGLE patterns usually resolve or breakout to the upside, and you can see the price action is already doing that with a target of about 270 on the upside, is what we could acheive.
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