Market Mavens – Stock Research Made Simple

4 Technology Stocks Blasting Higher

Remember last week, when the technology sector was slammed lower on worries over higher regulatory scrutiny? Wall Street apparently doesn’t, as stocks in the sector are zooming higher after the Nasdaq Composite dramatically tested below its 200-day moving average. All it took was some dovish chatter from the Federal Reserve to turn sentiment around in a big way. Also helping was over-the-weekend news that President Donald Trump’s Administration had reached an agreement with Mexico, relieving the risk of fresh import tariffs. Some impressive rallies are under way, particularly in stocks poised to benefit from the coming launch of new video game hardware in 2020. Here are four stocks worth a look: Advanced Micro Devices (AMD) Shares of GPU/CPU maker Advanced Micro Devices (NASDAQ:AMD) are zooming higher, pushing up and over the prior highs set last September to return to levels last seen in 2006. This comes as hype builds for the new Xbox and PlayStation game consoles from Microsoft (NASDAQ:MSFT) and Sony (NYSE:SNE) next year. Both are using AMD’s hardware to power their devices. The company will next report result son July 24 after the close. Analysts are looking for earnings of eight cents per share on revenues of $1.5 billion. When the company last reported on April 30,

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Revealed: The 4X Income Secret

I know I don’t have to tell you it’s tough (and very frustrating) trying to get any kind of income stream from your savings these days. The average S&P 500 stock yields just 1.9%. That’s not even enough to cover inflation! Treasuries? The 10-year note yields an almost equally pathetic 2.3%. But

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