5 Best Tech Stocks To Own For 2014

In any long bull market, various sectors of the stock market move in and out of favor. Even as the Dow Jones Industrials (DJINDICES: ^DJI  ) and other, broader measures seem to move smoothly higher over time, their individual components often ebb and flow in currents and countercurrents that reflect changing investor sentiment. Today's jump in the Dow reflects such a change, as the average managed to shrug off the early release of the Fed's FOMC meeting minutes and the suggestion that the Fed might slow its quantitative-easing program. By 10:55 a.m. EDT, the Dow was up 106 points to a new record, while the S&P 500 had hit a new intraday all-time high as well.

Looking at the biggest gainers in the Dow, you'll see Cisco Systems (NASDAQ: CSCO  ) , Intel (NASDAQ: INTC  ) , and Microsoft (NASDAQ: MSFT  ) all near the top of the list with gains of more than 2%. What all three of those tech stocks have in common is that their valuations are extremely inexpensive in comparison to the rest of the Dow, and value investors have finally started to pick up on that fact as they look for ways to protect themselves from a potential stock-market correction.

5 Best Tech Stocks To Own For 2014: Maxwell Technologies Inc.(MXWL)

Maxwell Technologies, Inc., together with its subsidiaries, develops, manufactures, and markets energy storage and power delivery products, and microelectronic products worldwide. The company offers Ultracapacitors that are energy storage devices to provide energy storage and power delivery solutions for applications in transportation, automotive, information technology, renewable energy, and industrial electronics industries; and CONDIS high-voltage capacitors comprising grading and coupling capacitors, and capacitive voltage dividers used to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution, and measurement of high-voltage electrical energy. It also provides radiation-hardened microelectronic products, including single board computers and components, such as high-density memory and power modules for satellites and spacecraft applications. The company markets and sells its products through direct and indirect sales for integration by original equipment manufacturers into a range of end products. The company was formerly known as Maxwell Laboratories, Inc. and changed its name to Maxwell Technologies, Inc. in 1996. Maxwell Technologies was founded in 1965 and is headquartered in San Diego, California.

Advisors' Opinion:

• [By Tom Konrad]

  Maxwell Technologies is a leading manufacturer of electrodes for ultracapacitors.  Ultracapacitors are electricity storage devices which excel in applications requiring high power but low energy and extremely long life.  In layman's terms, they pack a big punch, but have little staying power.  They pair well with batteries, which are best in low power, high energy applications.
  
  Ultracapacitors are used in a wide variety of electronics and electricity transmission and distribution applications, as well as in wind turbines and heavy-duty hybrid vehicles, such as buses. They expect to have a large and growing market in "stop-start" hybrid cars.  Stop-start technology is one of the most cost effective measures for improving automotive fuel economy, and auto manufacturers are scrambling to meet increasingly stringent fuel economy standards in both the US and Europe.  
  
  The main reason for Maxwell's current low price has been the lack of a design win with a major manufacturer for start-stop technology using Maxwell's ultracapacitors.  Many investors were anticipating such a win in 2012, and the lack of one so far and slower revenue growth overall led to extreme investor disappointment, driving the stock from over $21 at the start of the year to the low $8 range where it has been recently trading.  Maxwell insiders, including the CEO, David Schramm, have been demonstrating their faith in the company's prospects since the stock fell to $10 with large stock purchases.  They have acquired 128,400 shares since then.

• [By Roberto Pedone]

  My final breakout idea today is Maxwell Technologies (MXWL), which develops, manufactures and markets energy storage and power delivery products for transportation, industrialtelecommunications and other applications, as well as microelectronic products for space and satellite applications. This stock has been under pressure by the sellers so far in 2013, with shares off by 22%.

  If you look at the chart for Maxwell Technologies, you'll notice that this stock has been uptrending strong for the last month and change, with shares soaring higher from its low of $4.90 to its recent high of $6.75 a share. During that uptrend, shares of MXWL have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of MXWL within range of triggering a near-term breakout trade.

  Traders should now look for long-biased trades in MXWL if it manages to break out above some near-term overhead resistance at $6.75 a share with high volume. Look for a sustained move or close above that level with volume that registers near or above its three-month average action of 474,995 shares. If that breakout triggers soon, then MXWL will set up to re-fill some of its previous gap down zone from March that started at $7.80 a share. Any high-volume move above $7.80 will then put $8.50 to $9 into range for shares of MXWL.

  Traders can look to buy MXWL off any weakness to anticipate that breakout and simply use a stop that sits right below its 50-day at $6.23 a share or near $6 a share. One could also buy MXWL off strength once it clears $6.75 a share with volume and then simply use a stop right below its 50-day at $6.23 a share.

5 Best Tech Stocks To Own For 2014: Incyte Corporation(INCY)

Incyte Corporation focuses on the discovery and development of proprietary small molecule drugs for hematologic and oncology indications, and inflammatory and autoimmune diseases. Its product pipe line includes INCB18424, which is in Phase III clinical trial for myelofibrosis; Phase III trial for polycythemia vera; Phase III trial for essential thrombocythemia; Phase I/II trial to treat solid tumors/other hematologic malignancies; and Phase IIb trail for the treatment of psoriasis. The company?s portfolio also includes INCB28050, a Phase IIb clinical trial product for rheumatoid arthritis; INCB28060, a Phase I/II product for solid tumors; INCB7839, a Phase II product for breast cancer; and INCB24360, a Phase I/II product for solid tumors. It has a collaborative research and license agreements with Novartis International Pharmaceutical Ltd.; Eli Lilly and Company; and Pfizer Inc. The company was founded in 1991 and is headquartered in Wilmington, Delaware.

10 Best Medical Stocks To Invest In Right Now: Ebix Inc(EBIX)

Ebix, Inc. provides on-demand software and e-commerce solutions to the insurance industry. The company operates data exchanges, which connects multiple entities within the insurance markets and enables the participant to carry and process data from one end to another in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. It is also involved in designing and deploying broker systems comprising three back-end systems consisting of eGlobal for multinational P&C insurance brokers; WinBeat for P&C brokers in the Australian and New Zealand markets; and EbixASP for the P&C insurance brokers in the United States. In addition, the company offers business process outsourcing services, which include certificate origination, certificate tracking, claims adjudication call center, and back office support. Further, it focuses on designing and deploying on-demand and back-end carrier systems, s uch as Ebix Advantage and Ebix Advantageweb targeted at small, medium, and large P&C carriers in the United States and internationally that operate in the personal, commercial, and specialty line areas of insurance. Additionally, Ebix, Inc. provides software development, customization, and consulting services to various companies in the insurance industry, such as carriers, brokers, exchanges, and standard making bodies. The company was formerly known as Delphi Systems, Inc. and changed its name to Ebix, Inc. in December 2003. Ebix, Inc. was founded in 1976 and is headquartered in Atlanta, Georgia.

5 Best Tech Stocks To Own For 2014: Lafe Corporation Limited (L05.SI)

Lafe Corporation Limited, an investment holding company, primarily engages in property development, property investment, and property related service businesses. The company is involved in the development, investment, sale, and leasing of real estate properties. It also provides property appraisal, property management, architectural consultancy, building consultancy, corporate administration, real estate agency, security guard, and property consultancy services. In addition, the company holds trademarks It has operations in Singapore, Hong Kong, and the People�s Republic of China. The company was incorporated in 1999 and is based in Singapore. Lafe Corporation Limited is a subsidiary of Clarendon Investments Capital Limited.

5 Best Tech Stocks To Own For 2014: InterXion Holding N.V. (INXN)

InterXion Holding N.V. provides carrier-neutral colocation data center services in Europe. It enables its customers to connect to a range of telecommunications carriers, Internet service providers, and other customers. The company�s data centers act as content and connectivity hubs that facilitate the processing, storage, sharing, and distribution of data, content, applications, and media among carriers and customers. The company offers colocation services, including space and power to enable customers to deploy IT infrastructure in its data centers; connectivity services; cross connect services; and monitoring services. It also provides managed services comprising systems monitoring, systems management, engineering support services, data back-up, and storage services. The company serves the digital media and distribution sector, enterprises, the financial services sector, managed services providers, and network providers. It serves 1,200 customers through 31 data centers in 11 countries. The company was founded in 1998 and is headquartered in Schiphol Rijk, the Netherlands.