Tag Archive for: buy

Get 6 Months of Amazon Prime When You Buy an O2 Phone Plan


Source…

The Four Best Semiconductors & Semiconductor Equipment Stocks to Buy Right Now


The semiconductor industry is one of the most critical segments of the technology space, given its ability to facilitate rapid innovation across virtually every other field. It’s fair to say that almost every piece of tech you use in your daily life has semiconductor technology somewhere inside. For example, nearly all computers — desktop, laptop, and mobile — use semiconductors as their primary processing engine. Similarly, many communications devices such as cell phones and wireless routers also rely on semiconductors to send voice signals or data packets from one device to another. Even digital cameras and camcorders use semiconductors for image processing; GPS devices measure distances and speed, while Bluetooth headsets and speakers use them for wireless audio streaming. Even the humble thermometer uses semiconductor sensors to measure body temperature!

Allegro MicroSystems (ALGM)

ALGM is an integrated circuit (IC) manufacturer that makes IC products across various end-user applications and markets. The company has a market cap of approximately $1.6 billion, and its share price has been volatile in recent weeks due to a significant drop in November. Given the recent volatility in the semiconductor sector, this timing made it a compelling choice for inclusion in this list. Specifically, analysts believe that the industry may be experiencing a cyclical slowdown, causing investors to pull their money out of the industry. The company’s main products include data conversion, signal conditioning, and power delivery solutions, primarily for the industrial and medical segments. In addition, ALGM also makes IC products for automotive, computer networking, and telecommunications applications.

Synaptics (SYNA)

Synaptics is a leading provider of human interface solutions, including touch and proximity sensors, capacitive touch-enabled products, and related software. The company’s products are used in various end-user applications, including notebook PCs, desktop PCs, smartphones, tablets, ATMs, and automobile touchscreens. The company has a market cap of approximately $6.5 billion, with its share price dropping significantly in the past several months. This makes it a…

Source…

2 No-Brainer Stocks to Buy Right Now for Less than $100


The stock market may not have been a happy hunting ground so far this year, but investors shouldn’t forget that buying shares of solid companies is a tried and tested way of enhancing one’s wealth.

The S&P 500, for instance, has averaged annual returns of 13.9% from 2011 through 2020. That’s why investors looking to get started in the stock market — even with a small amount such as $100 — should focus on the bigger picture and consider buying some solid stocks that are trading at relatively attractive valuations following their slide in 2022.

Fortinet (FTNT -0.77%) and Marvell Technology Group (MRVL 1.10%) are two stocks trading under $100 that investors can consider buying right now. Let’s see why.

1. Fortinet

Fortinet provides firewalls, antivirus software, intrusion prevention systems, and other computer security products. So far in 2022, its shares are down nearly 13%  despite the company’s impressive growth. This could be an opportunity for investors to get their hands on this cybersecurity stock at a relatively cheap valuation.

Of course, Fortinet isn’t all that cheap considering that it trades at 82 times earnings and 14 times sales, but the company is growing at a terrific pace to justify that valuation. In the first quarter of 2022, for instance, Fortinet’s revenue shot up 34% year-over-year to $955 million. 

More importantly, its bookings, which refers to the total value of orders it received during the quarter, increased at a faster pace of 50% year-over-year to $1.28 billion. What’s more, Fortinet’s order backlog, which refers to the orders that have been received but not yet fulfilled, shot up to $278 million last quarter from $162 million at the end of 2021.

The growth in these metrics indicates that Fortinet should be able to sustain its fast pace of growth. Not surprisingly, the company expects to finish the year with $4.37 billion in revenue and $5.54 billion in billings. These numbers would translate into top-line growth of 31% and billings growth of 32% compared to 2021.

The prospects of the cybersecurity market suggest that Fortinet could keep growing at a solid pace for years to come. For example, the company’s total addressable market…

Source…

2 Oversold Dividend Stocks to Buy Now for Total Returns By The Motley Fool


© Reuters RRSP Investors: 2 Oversold Dividend Stocks to Buy Now for Total Returns

The pullback in the is giving self-directed RRSP investors an opportunity to buy some of Canada’s top dividend stocks at undervalued prices. One popular RRSP investing strategy involves buying stocks with growing dividends and using the payouts to acquire new shares. The power of compounding that occurs over time can turn a small initial investment into a significant retirement fund.

Enbridge
Enbridge (TSX:TSX:)(NYSE:ENB) is a giant in the North American energy infrastructure industry with significant networks of oil and pipelines that move 30% of the oil produced in Canada and the United States and 20% of the natural gas used by American homes and businesses.

Enbridge also has natural gas utilities and renewable energy assets to balance out the revenue stream. The odds of getting a major new oil pipeline approved and built are pretty slim these days, but Enbridge has strong development plans across other segments and acquisition opportunities to keep driving revenue and profit growth.

The company is evaluating carbon capture and storage hubs that will leverage its expertise. Enbridge is also taking advantage of the rise in international demand for Canadian and U.S. oil and natural gas. Enbridge purchased a strategic oil export terminal in Texas late last year and recently announced plans to build two new natural gas pipelines to feed liquified natural gas (LNG) sites on the Gulf Coast.

Europe is searching for reliable new LNG sources to replace supplies from Russia, while countries around the globe are switching form oil and coal to natural gas to produce electricity.

Enbridge stock trades near $53.50 at the time of writing compared to more than $59.50 earlier this month. The stock appears oversold and now provides a 6.4% dividend yield.

Telus
TSX:elus (TSX:T)(NYSE:TU) just announced plans to buy LifeWorks for $2.3 billion in a deal that will significantly expand the size of Telus Health, which is already a leading player in the Canadian market for digital health services catering to doctors, hospitals, insurance companies, and employer-provided health plans.

The subsidiary ran under the…

Source…