Money Morning Staff reports
Savvy investors such as George Soros continue talking about the best tech stocks to buy now, particularly in mobile technology.
Tech stocks now represent more than 16% of his portfolio. Soros' latest 13f filings reveal an increased stake in Google Inc. (Nasdaq: GOOG) and a new position in QUALCOMM Inc. (Nasdaq: QCOM).
At Money Morning, we are always uncovering new tech stocks to buy, and have spotted some potentially huge winners.
In fact, our investing experts shared in this month's issue of our Money Map Report the best tech stocks to play the hottest trends of 2013.
One of them has gained more than three times what GOOG and QCOM have done in the past three months...
The other one has surged more than 30% so far this year.
And the gains are just starting.
Here's why we're so bullish on these tech plays.
The Best Tech Stocks to Buy Now
First stop: the exploding trend in mobile computing.
"The most important tech battle of the decade is the race to dominate the mobile market," Defense Specialist Michael A. Robinson. "If you've been riding along with me for any length of time, you know I get really revved up whenever I talk about the 'Mobile Wave' technology. There's never been anything quite like it."
Indeed, global smartphone shipments during the first quarter of 2013 were about five times as much as PC sales during the same period.
That's why Michael's been working to find the best tech stocks to buy to profit from this soaring trend.
The good news for investors is that Michael's found one stock that will make you money no matter who wins the mobile battle.
You see, to be really be successful, the mobile wave and cloud computing will require a particular type of hardware.
And one company is a dominant force in that market.
Its stock is up this year, but it's still trading at bargain prices.
Our second tech stock to buy now - a favorite pick of Money Morning Chief Investment Strategist Keith Fitz-Gerald - is a cybersecurity company.
As we become more connected to the Internet, precious bits, or bytes, of information are increasingly exposed to hackers.
Just look at this target list of recent cyber attacks- it's shockingly disturbing how easily it is for people all over the world to access your - or anyone's - personal finances, investments or email accounts.
There's no stopping the escalation of accessible data, but something can be done to make the Internet safer - and this company is in the lead.
Not only are its products better than competitors' but its low-cost business strategy allows it to easily maintain, grow and eventually upgrade users to higher-priced services.
This stock is already soaring this year, but we believe there's plenty of upside left.
If the company meets EPS estimates this year and next and sees its P/E level increase to its industry's average, prices could double in 2013, and move another 40% in 2014.
If you want to learn more about these two stocks and the mega-tech trends that will send share prices soaring, here's how you can get a look at our June Money Map Report about tech investing.
For more hot stocks to buy now, check out this recent biotech pick.
Related Articles:
- Money Morning:
How to Invest in Tech in 2013 - Wall St. Cheat Sheet:
George Soros is Buying These Stocks in 2013
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Credit: Money Morning - Only the News You Can Profit From http://moneymorning.com/2013/06/24/best-tech-stocks-to-buy-now-beat-george-soros-with-these-two-plays/
