The United States stock market growth has slowed quite a bit this year. However, there are a few tech stocks that have been enjoying uptrends throughout the past month or more; presenting opportunities for profits. Here are what I consider to be some of the best bullish tech stocks on the market today; so, it may be advantageous to find the dips and earn from the growth.
Himax Technologies Continues A Strong Bullish Run
Himax Technologies, Inc. (ADR) (NASDAQ: HIMX)
Himax Technologies stock had a bit of a rough start to the year. However, over the past month, we’ve seen strong gains from the stock. With the bullish run picking up momentum as we’ve seen over the past week, I wouldn’t imagine that HIMX is likely to change directions any time soon. So, it’s going to be worthwhile to keep a close eye on the stock looking for dips that present good buying opportunities.
NQ Mobile Stock Is Picking Up Speed
NQ Mobile Inc (ADR) (NYSE: NQ)
NQ Mobile had a bit of a rough time at the end of 2014; and since has traded relatively flat until about a month ago. However, throughout the past month, we’ve seen a strong bullish run that’s really starting to pick up pace. Currently, the bullish run is in full swing as more and more analysts weigh in with increased price targets. Based on what I see in the charts, and the underlying reason for the growth, this is another one that I’m not expecting to see turn around any time soon. So, keep your eyes peeled. If you see a strong pull-back, it will most likely present an opportunity to get in on the long term gains at a low price.
Sigma Designs Stock Enjoys A Strong Bullish Trend After Beating Earnings Expectations
Sigma Designs Inc (NASDAQ: SIGM)
Sigma Designs has traded relatively flat recently. However, that has changed dramatically today. Last night, after the closing bell, SIGM released their earnings report for the first fiscal quarter of the year; blowing away expectations. While analysts expected to see earnings per share come in at $0.01; the company produced nine times that, generating an EPS of $0.09. As a result, the stock is soaring in the market today; and considering the fact that investors love to see profit, I’m expecting this one to keep running. So, this is another opportunity to look for pull backs for strong entrance points.
Image Sensing Systems Stock Continues It’s Nice Run
Image Sensing Systems, Inc. (NASDAQ: ISNS)
Finally, Image Sensing Systems has been on a relatively choppy, yet bullish run for quite some time now. In this particular case, the choppy action we’ve seen has opened several opportunities to buy in in the past; and it’s likely to do the same moving forward. So, if you plan on watching this one for a strong opportunity, it’s not likely to take long to find one!
Do You Know Of Any Others?
Do you know of any tech stocks on a bullish run that would be advantageous to track? If so, let us know in the comments below!