Our Top 3 Tech Stocks for October

Following the massive bear market for technology stocks in 1999, the tech sector has consistently been one of the better performing areas of the stock market overall.

In recent years, stocks such as Facebook Inc (F), Amazon.com, Inc. (AMZN), Netflix, Inc. (NFLX), and Google (GOOG)(GOOGL) have pushed technology ETFs like Technology SPDR (XLK) to new heights.

With valuations hitting all-time highs, investors have had a tough time picking fast-growth companies that aren't overvalued.
After all, even if a company is growing sales and profits, there's no guarantee that the stock will follow suit if it's overpriced.

At InvestorGuide, we've put together a list of our writer's best tech stocks for October.
Our Top 3 Tech Stocks for October
Image by / c2.staticflickr.com
With an ever-rising market, one of them is actually a short idea.

A $1,000 Price Target for Amazon Is Reasonable

Amazon has been a consistent performer and I expect it to deliver another good quarter heading into the earnings season.

BlackBerry Is Ready for a Massive Turnaround: Buy Now

Although it may have taken longer than expected, there are signs of major turnaround.

Why Netflix Looks Like a Short

Netflix may have rallied strongly on the acquisition rumors, but I think investors can benefit from the rally by betting against the stock.
Published on Oct 11, 2016
By Ryan Vanzo
Ryan Vanzo is the Digital Business and Finance Editor at WebFinance Inc, which runs InvestorGuide.com, InvestorWords.com, and BusinessDictionary.com. You can reach him at ryan@investorguide.com

Copyrighted 2020. Content published with author's permission.

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