Best High Tech Stocks To Invest In Right Now

The global chemical industry is valued at $3 trillion currently, and it will reach $5.5 trillion by the end of 2015 based on growing demand. Chemicals are used for a wide range of industries like automotive, aerospace, and construction. One of the leaders in the chemical manufacturing industry is Huntsman (HUN), and it has operations around the world. The company is framing its strategies to gain a higher market share and widen its global presence from the rising chemical market.

Company overview

Huntsman is a global chemical manufacturer and supplier of chemicals. Founded in 1970, it started off with the packaging business but later transformed into a chemical manufacturer. It offers products to an array of global industries including plastics, textiles, footwear, paints, construction, and technology. It is a global leader in supply of methylene diphenyl diisocyanate, or MDI, polyurethane catalyst, adhesives, insulating materials, and aerospace composites. It offers this wide range of products through five business segments:

Best High Tech Stocks To Invest In Right Now: Northrim BanCorp Inc(NRIM)

Northrim BanCorp, Inc., through its subsidiaries, which provides a range of banking products and services to businesses, professionals, and individuals in Alaska. Its deposit services include noninterest-bearing checking accounts and interest-bearing time deposits, checking accounts, and savings accounts. The company?s loan portfolio comprises commercial and real estate lending, construction and land development lending, and consumer loans. Northrim BanCorp also offers other customer services, including telebanking, faxed account statements, Internet banking, automated teller services, personalized checks at account opening, overdraft protection from a savings account, extended banking hours, commercial drive-up banking with coin service, automatic transfers and payments, wire transfers, direct payroll deposit, electronic tax payments, automated clearing house origination and receipt, and cash management services. In addition, it provides investment advisory, insurance br okerage, trust, and wealth management services. As of December 31, 2009, the company operated 11 branches, including 7 in Anchorage, 2 in Fairbanks, and 1 each in Eagle River and Wasilla. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

Best High Tech Stocks To Invest In Right Now: ENSCO plc(ESV)

Ensco plc, together with its subsidiaries, provides offshore contract drilling services to the oil and gas industry. The company engages in the drilling of offshore oil and natural gas wells by providing its drilling rigs and crews under contracts with international, government-owned, and independent oil and gas companies. As of February 15, 2010, it owned and operated 42 jackup rigs, 4 ultra-deepwater semisubmersible rigs, and 1 barge rig. The company also has 4 ultra-deepwater semisubmersible rigs under construction. It operates in Asia, the Middle East, Australia, New Zealand, Europe, Africa, and North and South America. The company was formerly known as Ensco International plc and changed its name to Ensco plc in March 2010. Ensco plc was founded in 1975 and is based in London, the United Kingdom.

Advisors' Opinion:

• [By Jake Lynch]

  Ensco(ESV) sells offshore contract drilling services to other oil and gas companies. The company is based in London.

  Ensco is scheduled to report fourth-quarter results on Feb. 24. Its third-quarter adjusted earnings of 92 cents exceeded Wall Street's consensus forecast by 3.5%. Revenue of $428 million beat the target by 2.1%. Nevertheless, net sales are down 10% over 12 months and GAAP profit has declined year-over-year in seven consecutive quarters, hurting its stock.

  But, the stock is cheap relative to those of peers, trading at a trailing earnings multiple of 13, a forward earnings multiple of 13, a book value multiple of 1.3 and a cash flow multiple of 9.1, 80%, 38%, 56% and 46% discounts to oil-and-gas industry averages.

  Currently, 56% of analysts covering Ensco rate its stock "buy." Jefferies has a price target of $64 on the stock, suggesting 20% of upside in 2011. The highest target comes from FBR Capital Markets, which predicts a rise to $70 in the next 12 months.

• [By Skousen]

  Ensco is a global offshore contract drilling company. Cramer holds 2,100 shares of ESV stocks. ESV has a dividend yield of 2.97% and returned -5.86% since the beginning of this year. It has a market cap of $10.94B and a P/E ratio of 16.54. Robert Rodriguez and Steven Romick invested $429 million in ESV

10 Best Stocks To Invest In Right Now: Marvell Technology Group Ltd.(MRVL)

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. It offers mobile and wireless products, including communications processors, applications processors, and standalone wireless products, as well as combination devices, which incorporate wireless, Bluetooth, and FM radio capability. The company also provides storage products comprising tape drive controllers, read channel, hard disk controllers, solid-state drive controllers, hybrid drive controllers, and storage-system products for hard disk drives, tape drive electronics, optical disk drives, solid-state flash drives, hybrid drives, and storage subsystems technology. In addition, it offers networking, such as switching products that enable voice, video, and data traffic to be carried through the network for the enterprise networking, carrier access, and small office/home office/residential n etworking markets; communications controller and embedded processor products; and enterprise transceiver and Ethernet connectivity products. Further, the company provides printing ASIC products; digital video processing products; and power management and green technology products, such as DSP switcher integrated regulators, analog switching regulators, and mixed-signal light-emitting diode drivers. It operates in the United States, Canada, China, Germany, Hong Kong, India, Israel, Italy, Japan, Korea, Malaysia, Netherlands, Singapore, Spain, Sweden, Switzerland, Taiwan, and the United Kingdom. The company was founded in 1995 and is based in Hamilton, Bermuda.

Advisors' Opinion:

• [By Dave Friedman]

  On 3/31/11 Maverick Capital reported holding 25,919,357 shares with a market value of $403,046,006. This comprised 4.28% of the total portfolio. On 6/30/11, Maverick Capital held 29,710,907 shares with a market value of $438,830,110. This comprised 4.29% of the total portfolio. The net change in shares for this position over the two quarters is 3,791,550. About the company: Marvell Technology Group Ltd. designs, develops, and markets integrated circuits for communications-related markets. The Company’s products provide the interface between analog signals and the digital information used in computing and communications systems. Marvell’s technology is applied to the broadband data communications market.

• [By Nelson]

  Nomura Equity Research chip analyst Romit Shah today reiterates a Neutral rating on shares of chip maker Marvell Technology Group (MRVL), though he sounds fairly enthusiastic about the company’s prospects for next year based on the company’s newly unveiled cellular modem device for so-called LTE networks for fourth-generation (4G) wireless.

  Marvell yesterday said that its “PXA1801” is the first single semiconductor to support multiple flavors of LTE (frequency division duplexing and time division duplexing) as well as existing “HSPA+” 3G and 4G networking standards, and the “CDMA” standard used by non-GSM carriers, such as Verizon Communications (VZ), not to mention the “TD-SCDMA” standard that was developed by the China for use on its networks.

  Shah writes that, “Marvell is ahead of competition (ST-Ericsson and Broadcom (BRCM)) in bringing an integrated TD LTE modem to the market and seems to have narrowed the gap with Qualcomm (QCOM) in LTE leadership. In addition, we believe, this product launch would help Marvell in maintaining its leadership in the China’s growing TD-SCDMA opportunity.” The LTE baseband market is expected to rise from 8 million or so units this year to 50 million in 2013, notes Shah, citing Gartner data. That market may be worth $1 billion to $1.5 billion by 2014, he thinks.

  Marvell shares are down 12 cents, or 0.9%, today at $13.38.

Best High Tech Stocks To Invest In Right Now: Axia NetMedia Corp (XXI)

Axia NetMedia Corporation (Axia) is engaged in delivering Critical Fibre Optic Enabled Services. The Company sells services and solutions over fibre optic communications infrastructure or Next Generation Networks (NGNs). The Company has networks in the Province of Alberta in Canada, the state of Massachusetts in the United States of America, the state of Catalonia in Spain, France, and Singapore. In North America, Axia sells fibre-enabled services to the public and private sectors. In the public sector Axia sells services directly to customers in the education, healthcare, library and government services segments across the province. MB123 is Axia�� NGN in Western Massachusetts in the United States. MB123 include about 2,200 kilometers of fibre backhaul infrastructure and electronics connecting more than 120 communities. The European segment is driven by Covage in France and includes its Spanish network, Xarxa Oberta.

Best High Tech Stocks To Invest In Right Now: Salem Communications Corporation(SALM)

Salem Communications Corporation, a multi-media company, develops programs for audiences interested in Christian and conservative opinion content. The company owns and operates radio stations in metropolitan markets; and radio networks that produce and distribute programming, such as talk, news, and music segments to radio stations in the United States, as well as sell commercial airtime to national advertisers on its radio stations and networks, and on independent radio station affiliates. Salem Communications Corporation programs its radio stations in various formats, including Christian teaching and talk, block programming, news talk, contemporary Christian music, Spanish Christian teaching and talk, and business. The company also owns and operates Internet portals, including OnePlace.com, Christianity.com, Crosswalk.com, BibleStudyTools.com, GodTube.com, Townhall.com, HotAir.com, WorshipHouse Media.com, and Jesus.org that provide Christian and conservative themed conte nt, audio and video streaming, and other resources on the Web; and radio station Websites, as well as Salem Consumer Products, a Website that offers books, DVDs, and editorial content. In addition, it produces and distributes Christian and conservative opinion print magazines, including Homecoming The Magazine, YouthWorker Journal, Singing News, FaithTalk Magazine, and Preaching and Townhall Magazine, as well as Xulon Press, a print-on-demand self-publishing service for Christian authors. The company primarily serves not-for-profit charitable organizations and commercial advertisers. Salem Communications Corporation was founded in 1986 and is headquartered in Camarillo, California.

Best High Tech Stocks To Invest In Right Now: Nexstar Broadcasting Group Inc.(NXST)

Nexstar Broadcasting Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets in the United States. It provides free over-the-air programming to television viewing audiences. The company, through various local service agreements, also offers sales, programming, and other services to stations and digital multi-cast channels owned and/or operated by independent third parties. As of December 31, 2011, it owned, operated, programmed, or provided sales and other services to 55 television stations and 11 digital multi-cast channels in 32 markets in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama, New York, Florida, Wisconsin, and Michigan. The company?s stations reach approximately 10.6 million viewers. Nexstar Broadcasting Group, Inc. was founded in 1996 and is based in Irving, Texas.