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Top 25 Tech Stocks

By Darren Wong | TradingMarkets.com
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PowerRatings (for Traders) is a simple to use (and powerful) ranking system that ranks stocks from 1 to 10. Stocks rated 9 and 10 have outperformed the average stock by 12 to 1 since 1995 and ideally are the stocks to focus on each day. Stocks rated 1 and 2 on average have lost money, and you want to know these stocks in order to avoid them.

Each day we publish a list of stocks with the Top 25 PowerRatings Technology Stocks. Here is today's full list of Top Technology stocks with high PowerRatings, which we are featuring as the free PowerRatings (for Traders) list of the day.

We chose this list today since the tech-heavy Nasdaq has recently been outperforming the other major indices with gains of 2.7% over the past 4 weeks. The Dow and S&P have only gained 0.72% and 0.86% respectively over the same time frame. For a free trial to see our Nasdaq 100, Dow 30, and S&P 500 PowerRatings lists, click here.

Top 25 Technology Stocks

Adobe Systems Inc. (ADBE | Quote | Chart | News | PowerRating)

S&P 500 index member Adobe (ADBE | Quote | Chart | News | PowerRating) has a PowerRating of 6. ADBE is trading above its 200-day moving average (currently at $30.29) telling us that the current trend is upwards.

Palm Inc. (PALM | Quote | Chart | News | PowerRating)

Mobile device maker Palm Inc. has been rallying the past few weeks, but is now starting to pull back. These types of rallies create potential conditions for entry when the stock pulls back.

Ionatron Inc. (IOTN | Quote | Chart | News | PowerRating)

Laser instrumentation company Ionatron (IOTN | Quote | Chart | News | PowerRating) has a PowerRating of 8 and has similar characteristics as the stocks above.

This is just a quick starter's guide on how to use PowerRating (for Traders) to potentially gain an edge in your daily trading. Each day, we will be featuring one PowerRatings (for Traders) list, and releasing historically-backed data at no charge, to show new users how best to take advantage of these opportunities. Check back tomorrow for a new list, and a new group of stocks to focus on.

For a free PowerRatings (for Traders) trial, click here. If you have any questions about PowerRatings or the new Stock Indicators please feel free to email us or call 213-955-5858 ext 1.

Darren Wong
Associate Editor
darrenw@tradingmarkets.com

Reminder: We are in no way recommending the purchase or short sale of these stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions, price patterns and risk; our information is designed to contribute to your understanding.


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