2 Big Winners in the Shifting Tech Landscape

by Traders Reserve | April 18, 2013 11:00 am

Earnings season is here and there are growing questions about the big names in tech – Apple (NASDAQ:AAPL[1]), Google (NASDAQ:GOOG[2]), Dell (NASDAQ:DELL[3]) and Hewlett-Packard (NASDAQ:HPQ[4]), to name a few. The driver of earnings will be the marketplace shift from personal computers to smart phones and tablets — personal tech.

With this shift, I see two big winners, Apple and SanDisk (NASDAQ:SNDK[5]).

Apple’s growing share

Apple has been the dog everyone likes to beat recently. Wrong dog, that one. The company has stabilized its market share in phones[6] and that share is now growing.

Apple is the best and the most undervalued company on the planet – my numbers show it is selling at a two-thirds discount to the S&P 500. Sometime in the next one to three quarters – perhaps as early as next week – this market foolishness will begin to end.

Surging demand boosts SanDisk

If you do not want a pick winner beyond the shift to personal devices, look at SanDisk, the leader in the NAND flash memory used in these devices. The company owns patents – and receives licensing fees – on various aspects of NAND flash memory production and the company sells a great deal of NAND chips itself.

I expect the stock to continue to run based on short-term and long-term fundamental strength.

Endnotes:
  1. AAPL: http://studio-5.financialcontent.com/investplace/quote?Symbol=AAPL
  2. GOOG: http://studio-5.financialcontent.com/investplace/quote?Symbol=GOOG
  3. DELL: http://studio-5.financialcontent.com/investplace/quote?Symbol=DELL
  4. HPQ: http://studio-5.financialcontent.com/investplace/quote?Symbol=HPQ
  5. SNDK: http://studio-5.financialcontent.com/investplace/quote?Symbol=SNDK
  6. stabilized its market share in phones: http://investorplace.com/2013/04/apple-can-be-500-again-if-and-but-gs-aapl-goog-msft-amzn/
  7. SSNLF: http://studio-5.financialcontent.com/investplace/quote?Symbol=SSNLF

Source URL: http://investorplace.com/2013/04/2-big-winners-in-the-shifting-tech-landscape-aapl-dell-hpq-sndk-ssnlf/
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