Hot Tech Stocks To Buy Right Now

January 17, 2018: Markets opened higher Wednesday with the DJIA on its way to a close above 26,000. Even a weak fourth-quarter report from Goldman Sachs and more talk about a breakup of GE. The day’s best performing sectors were technology and consumer staples and every sector posted a gain for the day. WTI crude oil for February delivery settled at $63.97 a barrel, up 0.4% for the day. February gold dropped less than 0.1% on the day to settle at $1,338.30. Equities were headed for a higher close shortly before the bell as the DJIA traded up 1.28% for the day, the S&P 500 traded up 1.00%, and the Nasdaq Composite traded up 1.06%.

Bitcoin futures for January delivery traded at $10,675, down nearly 4.4% on the CME after opening at $11,190 this morning. The digital currency fell to $9,225 before recovering.

The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was The Boeing Co. (NYSE: BA) which traded up 4.28% at $349.50. The stock’s 52-week range is $156.75 to $349.57, and the high was posted this afternoon. Volume was about double the daily average of around 3.5 million shares. The company had no specific news.

Hot Tech Stocks To Buy Right Now: Monotype Imaging Holdings Inc.(TYPE)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Monotype Imaging Holdings Inc. (NASDAQ: TYPE) were down around 12 percent to $20.90 after the company posted downbeat quarterly earnings.

  • [By Lisa Levin]

    Wednesday afternoon, the non-cyclical consumer goods & services shares surged 0.61 percent. Meanwhile, top gainers in the sector included Monotype Imaging Holdings Inc. (NASDAQ: TYPE), up 9 percent, and Semiconductor Manufacturing Int'l (ADR) (NYSE: SMI), up 6 percent.

Hot Tech Stocks To Buy Right Now: Ebix, Inc.(EBIX)

Advisors’ Opinion:

  • [By Peter Graham]

    Small cap insurance software stock Ebix Inc (NASDAQ: EBIX) reported Q1 2017 earnings before the market opened this morning. Q1 revenue rose 11% to $79.1 million and decreased 1% over Q4 2016 revenue of $80.0 million. The year over year revenue improvement reflected growth in the Companys Exchange, Risk Compliance, and Broker Solution channels. On a constant currency basis, Q1 revenue increased 10% to $78.5 millionwith theExchange channel continued to bethe Companyslargest -accounting for 67% of Q1 2017 revenues. Q1 2017 net income rose 19% to $26.4 million with the improvement principally reflected the benefit of higher revenues and operating income as compared to the same period last year.

Hot Tech Stocks To Buy Right Now: Autodesk, Inc.(ADSK)

Advisors’ Opinion:

  • [By WWW.GURUFOCUS.COM]

    CEO of Autodesk Inc (NASDAQ:ADSK) Carl Bass sold 100,000 shares of ADSK on 01/11/2017 at an average price of $79.84 a share. The total sale was $8 million.

  • [By WWW.GURUFOCUS.COM]

    CEO of Autodesk Inc (NASDAQ:ADSK) Carl Bass sold 100,000 shares of ADSK on 01/05/2017 at an average price of $76.94 a share. The total sale was $7.7 million.

  • [By WWW.THESTREET.COM]

    For Thursday, watch for Burlington Stores (BURL) and Kroger (KR) , along with AutoDesk (ADSK) and Marvell Technologies (MRVL) . Cramer would be a buyer of all but Kroger, where he’s waiting for the grocery wars to subside.

  • [By ]

    Though individual products within its lineup face competition from the likes of Adobe (ADBE) and Siemens, Autodesk (ADSK)  is without a peer in the broader market for design and modeling software for industries such as construction, engineering and entertainment. And much like Adobe and Microsoft (MSFT) , Autodesk is finding that transitioning users of its core franchises from licenses to subscriptions is both making its business more predictable and increasing its long-term revenue opportunity with major clients.

Hot Tech Stocks To Buy Right Now: Itron Inc.(ITRI)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Silver Spring Networks Inc (NYSE: SSNI) got a boost, shooting up 24 percent to $16.11. Itron, Inc. (NASDAQ: ITRI) announced plans to acquire Silver Spring Networks for $16.25 per share.