Tag: Stocks

3 Tech Stocks That Turned $10,000 Into More Than $1 Million

Top technology companies often benefit from having highly scalable business models that pave the way for dramatic sales and earnings growth, given the right opportunities and proper execution. Investors who build early positions in these kinds of businesses often go on to enjoy life-changing returns.

Recognizing these incredible opportunities is always much easier in hindsight, but studying massive success stories can also provide a useful template for identifying other companies that are capable of delivering incredible performance.

With that in mind, read on for a look at three stocks that went on to turn a $10,000 investment into $1 million

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3 Tech Stocks That Could Regain Their Momentum in 2021

This year was filled with challenges for most of us, but the unprecedented conditions actually created big tailwinds for many technology companies. The Dow Jones U.S. Technology Index has climbed roughly 46% year to date.

Despite the sector’s impressive run, some promising technology stocks missed out on the rally, and still trade at levels that leave room for huge growth. Here are three such underperforming tech stocks that could turn things around and deliver fantastic returns to shareholders in 2021. 

An ascending bar chart floating above a person's hand.

Image source: Getty Images.

1. Baozun

Shanghai-based Baozun (NASDAQ:BZUN) provides e-commerce software and services to large brands that are looking

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These 5G Stocks Could Set the Market on Fire in 2021

Micron Technology (NASDAQ:MU) and Synaptics (NASDAQ:SYNA) did well in 2020, as shares of both companies rose nicely despite a big correction in March due to the novel coronavirus pandemic. However, their gains fade in comparison to the broader market’s rise.

As the chart below shows, Micron and Synaptics underperformed the tech-heavy NASDAQ-100 Technology Sector index in 2020. But it will not be surprising to see the two companies step up their game in 2021 and beat the market handsomely, as they are likely to win big from several catalysts, one of which should be a sharp spike in sales of

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4 LIDAR Stocks to Benefit From Self-Driving Car Revolution

Gone are the days when driverless vehicles were confined to the realms of science fiction. Thanks to persistent innovation and technology breakthroughs, robots are finally taking over the wheels. Over the past few years, autonomous vehicles (AVs) have been hogging the limelight, with auto and tech giants betting big on futuristic robotic vehicles. (Read more: Driverless Race Accelerates: Who is Leading the Game?)

LIDAR Lighting Up AV Prospects

With driverless technology being one of the hottest investment ideas in the auto market, the best way to tap the AV revolution would be to invest in the core technology that has

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3 Cheap Tech Stocks to Buy Right Now

Technology stocks have dominated the market in 2020, with many companies in the space benefiting as business shifted to digital channels due to the coronavirus pandemic. For comparison, the Vanguard Information Technology ETF has climbed roughly 44.5% year to date, while the S&P 500 index level has risen approximately 15% across the same stretch. The tech sector’s market-driving power looks even more impressive if you consider that technology companies played the biggest role in powering the diversified S&P 500 index’s gains this year. 

Stellar performance for the sector at large has made it more difficult to find great deals on

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