In an article posted in U.S News titled “5 of the Best Tech Stocks to Buy for March”
The author writes of 5 tech stocks that are great buys for the month of March. He states how Tech stocks shot straight to the moon in 2020, and early 2021 has been bullish too. With the Nasdaq up about 4% in the first two months of the year as inflation concerns and rising Treasury yields compete with economic stimulus and high vaccination rates to drive investor sentiment.
So far, investors still seem bullish on tech, and with impressive earnings reports from some of the biggest names in the industry. The five companies below should continue to profit from the growth of streaming television, the expansion of telehealth and a global semiconductor shortage. These tech stocks all enjoyed an excellent 2020, and they are all well-positioned for big gains in March 2021.
Here are five of the best tech stocks to buy for March:
Snap (SNAP)- Snap recently wowed shareholders during its virtual investor day with big plans for ways the company can evolve. Most of Snap’s revenue comes from advertisements shown alongside user Stories, and that business has been booming of late, with revenue up 64% year over year in the fourth quarter. With an incredible 90% of Generation Z on Snapchat, the company has a huge opportunity in front of it. And with the company enjoying 50% annual sales growth over the next few years, there is still plenty of room for growth.
Twitter (TWTR)- Twitter shares hit new highs last week after Jack Dorsey helmed the company’s first analyst day in four years, with management promising some startling growth ahead. Twitter’s growth goals include increasing its daily active users from today’s 200 million to 315 million, as well as doubling revenue from $3.72 billion to $7.5 billion, all by 2023. With a 28% increase in revenue year over year and a 26% increase in daily active users in the fourth quarter, Twitter is well on its way to achieving its goals.
Roku (ROKU)- Roku has indeed been impressive, with fourth-quarter revenue of $649.9 million beating analyst expectations of $619 million, while an unexpected profit of $0.49 per share far surpassed estimates of a $0.05 loss. These figures illustrate just how excellent 2020 was for Roku, as Roku’s ubiquity allowed it to profit no matter what streaming service a customer chooses.
Teladoc Health (TDOC)- Teladoc Health had a record-setting 2020. As people stayed at home and away from doctor’s offices, the telehealth company saw the total number of doctor’s visits provided by its service skyrocket 156% to 10.6 million during fiscal 2020, leading to a 98% increase in full-year revenue, but the company expects the number of new members to diminish drastically in 2021. But Teladoc’s financials are solid, the recent acquisition of Livongo was a smart move and the normalization of telehealth means good things ahead for the leader in this growing market.
Micron Technology (MU)- The global semiconductor shortage will have a major impact on numerous industries. While its fellow semiconductor stocks have sky-high valuations, Micron’s forward price-earnings ratio of 12 looks downright cheap in comparison, even as the company’s sales rose 12% in the first quarter while earnings were up more than 63% year over year. For investors looking for a smart way to play the semiconductor shortage, look no further than Micron Technology.
Here is a tech company that could also make that list with it’s child safety products that is beginning to gain attention.
Have a look at ATWET Technologies (OTC Pink: ATWT) as well. The stock has just begun to gain some attention lately.
ATWET Technologies (OTC Pink: ATWT) is a 40+ year old company in the transportation safety / sterilization space that could prove to be very valuable at these levels, and they just announced the launch of a new sterilization system for buses, commercial vehicles and other public transportation.
Have a look at ATWEC Technologies, Inc. (OTC Pink: ATWT). Found in 1979, ATWEC Technologies, Inc. is a child safety and security technology company headquartered in Memphis TN.
With a market cap of only $22 million according to OTC Markets, ATWEC Technologies, Inc. has developed a unique, highly effective suite of safety applications under the name trademark Kiddie Voice for the vast, underserved population looking for and using safety devices related to children and education.
ATWEC Technologies, Inc. (OTC Pink: ATWT) also just announced the acquisition of their manufacturer Assembled Products, Inc., which is a U.S. manufacturer and designer of electronic and mechanical apparatuses founded in 1986 and has worked with major companies, including Halliburton, the U.S. Air Force, FedEx, and AutoZone.
Assembled Products is currently housed in a 33,000-square-foot building in Rogersville, AL, has zero liabilities, and hundreds of thousands in assets. Gross sales in 2019 were approximately $1 million dollars.
Following the acquisition, all aspects of manufacturing and production will now be controlled by the ATWEC board. This deal will result in ATWEC saving approximately 75% of its production costs, which will increase margins by approximately 75% as well. That savings will be reinvested into R&D. ATWEC will also keep all Assembled Products’ full-time employees on staff, including Glen Stevens who has been with Assembled Products for over 34 years.
Children left on day care and school busses, is a recuring and potentially deadly situation that occurs across our country every month. In addition, viruses on busses provide an even more dangerous environment not only for our children, but those our children come home to. ATWEC Technologies, designs, manufactures and sells products specifically with these issues in mind.
ATWEC Technologies, Inc. (OTC: ATWT)’s product suite includes the KV Child Reminder System, the new KV-X Sterilization System, and the Commercial Backup System.
Its newest addition, the KV-X Sterilization System (KVX) is a new automated, two-stage sterilization system for school buses, daycare vans, and other commercial vehicles that kills germs, viruses, and bacteria in the air and on vehicle surfaces quickly, safely, and effectively. The KVX utilizes a UVC module to disinfect the air inside a vehicle. It does this by isolating the UVC light behind a HEPA (high-efficacy particulate air) filter. The KVX is programmed to operate after a vehicle is shut down and no further movement is detected. If movement is detected, the KVX will stop automatically and can be programmed to re-start.
ATWEC Technologies, Inc. (OTC: ATWT)’s current and ever expanding product line is the KV Child Reminder System available with a choice of RFID technology, or key switch deactivation. This system is designed to encourage the transportation drivers to actively check their vehicles for children and seniors who may not have gotten out of the vehicle. It does this by providing a patented voice prompt when the vehicle is shut off. The driver must then walk to the back of the vehicle to reset the system with a mechanical key (or RFID) within a programmed amount of time or the system will set off an external siren and, if equipped a strobe light. This is accomplished with a sophisticated computer system and proprietary software that includes an anti-copy subroutine to protect against third party thieves.
Children are left on school and daycare busses to deal with extreme heat and severe freezing temperatures monthly in the US.
Here are only a few examples:
In July, a 3-year-old in Texas died after he was left on a day care bus after a field trip, CNN reported. It was nearly 100 degrees outside.
It was only when the boy’s father came to pick him up at 6:30 p.m. that anyone noticed he was missing. He was on the bus for about four hours and died at the hospital.
The temperature inside the bus was 113 degrees.
A second-grader in Bay County, Florida, spent the entire day on the bus after the child was overlooked by the driver.
Like in Delaware, the child was not discovered until the driver came back for his afternoon route and found the student sleeping.
An Illinois mom was nervous about sending her5-year-old daughter off for her first day of school this past September. But she never expected the school to call her at 11 a.m. because the kindergartner hadn’t shown up at school.
After searching the building, administrators went to the bus depot, where they found the girl flushed, but still alive.
It turns out, according to the “Today” show, that the little girl was the only student on the bus that was supposed to get off at the elementary school, which she didn’t recognize because it had just been remodeled.
When the bus driver parked at the depot, she tried to get his attention but he disembarked too quickly.
Later, her mom shared the experience on Twitter.
These issues can be avoided for as little as a few hundred dollars per bus.
Education technology expenditure is expected to reach $341B worldwide by 2025, evidenced by the aggressive acceleration in venture capital invested through 2019, which reached a record $8B. The Company plans to launch an aggressive sales and marketing campaign to capitalize on this increased demand, fueled by concerned parents and administrators.
Have a look at ATWEC Technologies, Inc. (OTC: ATWT). There could be some real value here.
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