First Read with Strategic Tech Investor

0 | By Alex Kagin

What’s Happening This Week

We are still in peak earnings season and if last week told us anything, it’s that big tech is here to stay as companies like Alphabet Inc. (GOOGL) nearly double their profit and Microsoft Corp. (MSFT) growing revenue 22% to over $45B. Given this strength out of the gate, we are watching companies like Roku Inc. (ROKU), Square Inc. (SQ), and many others that have benefited from the digital shift.

Strategic Updates

Nvidia Continues to Hit All-Time Highs

While self-driving cars and robo-taxis still seem far away, the tech being developed today could get us there faster than we think according to the MIT Technology Review. We also recently saw Alphabet’s Waymo, and GM’s Cruise get California DMV approval to run commercial autonomous car services, a big step in the right direction. Read more about why we think Nvidia is the way to play this trend.

State Department to Form New Cyber Bureau

Cybersecurity is no joke and is projected to cost the world $10.5 trillion annually by 2025 according to Cybersecurity Ventures. That is probably why the U.S. Government wants to put even more attention on the topic and that means only one thing, cybersecurity companies are going to see even more business. Hackers are everywhere and we’ve been pounding the table on one of our favorite ways to play it at Strategic Tech Investor

Is Intel a Buy as it Breaks Ground on its New Factories?

Intel Corp. (INTC) is probably one of the most storied tech companies in the world and with China continuing to unwind and place more restrictions on its tech companies Shah Gilani of Total Wealth Research lets us know if this is a good time to buy or not.

What We Are Watching

The electric vehicle market continues to gain traction and Tesla Inc. (TSLA) has been the perfect example, becoming one of the few companies to join the trillion-dollar club this past week. While this is all happening, we’ve found the secret company behind the oncoming EV boom.

Leave a Reply

Your email address will not be published. Required fields are marked *