Send me real-time posts from this site at my email

Big News for Tech Investors

In today's video, I look at two tech companies and share why investors should be excited.

The first company is Micron Technology (NASDAQ: MU). Micron is a producer of memory, an item needed in nearly all of our technological products, from phones, graphic cards, game systems, computers, laptops, data centers, to even automobiles and much more. Micron just reported earnings that ended March 4, 2021 and gave great insight into what markets see growth based on their receiving orders.

The second company is Microsoft (NASDAQ: MSFT). Microsoft just won a military contract to provide the U.S. Army with augmented reality headsets.

Reasons for tech investors to be excited

  1. Micron reported strong growth in the following sectors. The report gives tech investors a reason to keep being bullish on tech companies and locate new opportunities.
  • Cloud DRAM grew Q/Q.
  • Delivered record PC DRAM shipments.
  • Graphics memory up significantly Y/Y.
  • Mobile revenue grew Q/Q.
  • 5G momentum is continuing.
  • Auto saw the second consecutive record revenue quarter.
  • Microsoft's contract win shows that the U.S. Government is adopting well to AR technology. Historically, the military is the first to adopt the technology, followed by the consumer population. This big win for Microsoft can be an excellent sign that we should start looking into AR companies.
  • Click the video below for my full thoughts.

    *Stock Prices used were the closing prices of March 31, 2021. The video was published on April 1, 2021.

    10 stocks we like better than Microsoft
    When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

    David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Microsoft wasn't one of them! That's right -- they think these 10 stocks are even better buys.

    See the 10 stocks

    *Stock Advisor returns as of February 24, 2021

    Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool's board of directors. Jose Najarro owns shares of Microsoft. The Motley Fool owns shares of and recommends Microsoft. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


    Popular posts

    Welcome! Is it your First time here?

    What are you looking for? Select your points of interest to improve your first-time experience:

    Apply & Continue