Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Micron Technology, Inc. (MU): Tech Stock Investing, Simplified

Page 1 of 2

Exchange-traded funds offer a convenient way to invest in sectors or niches that interest you. If you’d like to add some technology-heavy stocks to your portfolio, the First Trust NASDAQ-100- Technology Ix Fd (NASDAQ:QTEC) could save you a lot of trouble. Instead of trying to figure out which companies will perform best, you can use this ETF to invest in lots of them simultaneously.

The basics
ETFs often sport lower expense ratios than their mutual fund cousins. The First Trust ETF’s expense ratio — its annual fee — is a relatively low 0.60 %.

This ETF has performed reasonably, beating the world market over the past three and five years. As with most investments, of course, we can’t expect outstanding performances in every quarter or year. Investors with conviction need to wait for their holdings to deliver.

Micron Technology, Inc. (NASDAQ:MU)

Why technology?
Our growing world population will demand more and better high-tech products and services over time, boosting the business of successful technology-oriented companies.

More than a handful of technology-heavy companies had strong performances over the past year. Micron Technology, Inc. (NASDAQ:MU) surged 118%, despite challenges from a struggling PC market. Bulls are hopeful that growth in tablets and smartphones will boost demand for memory chips. Micron’s purchase of Japanese manufacturer Elpida has some investors quite optimistic, as it boosts Micron’s capacity and its relationship with Apple Inc. (NASDAQ:AAPL). Some worry about competition, the commoditization of memory, and Micron’s debt levels. The company beat expectations for both revenue and earnings in its last quarter.

Network storage specialist NetApp Inc. (NASDAQ:NTAP), meanwhile, jumped 22%. The company recently initiated a dividend, and it’s yielding 1.6% these days. Some have sent the shares up on hopes that an activist investor might help the company’s prospects, but the stock is also significantly shorted. NetApp announced layoffs and boosted its share buyback plans – though buybacks are often regrettable. The company recently posted disappointing revenue numbers, but it still looks attractive to some, in part due to strong free cash flow. Some also wonder whether NetApp might end up acquired by another major data player, such as Oracle Corporation (NASDAQ:ORCL).

NVIDIA Corporation (NASDAQ:NVDA), one of the biggest mobile-application processor companies, gained 7%. You know a company is facing some challenges when articles about it refer to “hail Marys” in their titles. NVIDIA recently delayed its handheld gaming hardware launch, and took a hit. Some questioned whether its new cloud technology is the smartest move. Still, it’s posting net gains and positive free cash flow, and is poised to benefit from robust expected global smartphone growth.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!