AMZN

8 Tech Stock Picks for 2008

Trader Thoughts has eight internet/tech stock picks for 2008. Below is a brief summary, check out the link to read the full reasoning.

Akamai Technologies' (AKAM) Q3 indicated that the it has witnessed strong growth across all its core markets. AKAM reported a 45% YOY revenue growth to $161.2M, up 6% from the second quarter 2007.

Vested Interest: 
MSFT
Stock Symbol: AKAM AKAMAI TECH INC Stock Price: $32.97 Todays Change: -0.83 (-2.46%)

Internet Stocks to Outperform Again in 2008

Analysts at JP Morgan have released their 2008 investment guide for Internet stocks and say following outperformance in 2007 (Internet HOLDRs (HHH) +14% vs. S&P 500 +5%), they expect more of the same this year. Although revenue growth is seen decelerating to 21.2% from 25.6% last year, the analysts expect EPS growth of 34%, compared to only 8% for the S&P 500.

Vested Interest: 
AMZN, GOOG
Stock Symbol: HHH ML INTERNET HLDR1 Stock Price: $50.25 Todays Change: +0.19 (+0.38%)