4 Technology Stocks Poised To Trump On Earnings In Q4
Zacks Investment Research | Jan 12, 2018 02:04AM ET
Technology stocks had a prolific run in 2017, courtesy of the rapid adoption of cloud-based platforms, increasing demand for Artificial Intelligence (AI) tools and significant progress in developing advanced driver assisted system (ADAS) solutions.
Moreover, Augmented/Virtual (AR/VR) reality devices became part of the mainstream technology market driven by significant investments from tech bigwigs — Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Samsung (KS:005930) and Facebook (NASDAQ:FB).
Further, Internet of Things (IoT) technology made rapid strides in 2017. Consumer as well as industrial products and machines were embedded with sensor technology to process data or interact with other electronic devices.
According to latest
Santa Clara, CA-based Applied Materials Inc (NASDAQ:AMAT) (WDC ) is gaining from strong demand for hard drive and NAND-based products from all categories of customers, largely driven by cloud and mobility-based applications.
This Zacks Rank #1 stock has an Earnings ESP of +1.43%. The company is set to report second-quarter fiscal 2018 results on Jan 25.
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