Navellier & Associates’ Top Tech Stock Picks

#4 Microsoft Corporation (NASDAQ:MSFT)

Shares held (as of September 30): 120,994
Total Value (as of September 30): $5.36 million
Percent of Portfolio (as of September 30): 0.54%

Under Satya Nadella, Microsoft Corporation (NASDAQ:MSFT) is doing things differently. It is providing Windows 10 upgrades for free, playing nice with former competitors Apple and Salesforce, and is cool again with its upcoming Hololens product. Although the personal computer market is declining and Microsoft’s mobile market share is next to nothing, Microsoft still dominates the enterprise segment and has a strong position in the cloud too. With a dividend yield of 3.01% and forward P/E of 15.6, shares are cheap. Jeffrey Ubben‘s ValueAct Capital owned 75.27 million shares at the end of the second quarter.

#3 Facebook Inc (NASDAQ:FB)

Shares held (as of September 30): 256,112
Total Value (as of September 30): $23.02 million
Percent of Portfolio (as of September 30): 2.32%

Because Facebook Inc (NASDAQ:FB) so thoroughly dominates the social media layer, which is important to so many different things, Facebook is only scratching the beginning of its potential. An authentic internet identity is an essential base layer on which many billion dollar applications can be built. Internet search can be improved, virtual reality can be more meaningful, and entertainment can be more fun if social features are added. As the API provider, Facebook can sit back and collect 30% without doing much work. The untapped potential means Facebook’s fast EPS growth can continue for a long time yet.