New York, New York (PressExposure) February 23, 2012 -- The NASDAQ has been the market leader so far in 2012, up nearly 12% and showing some strong technical strength, according to George Leong, contributor to Profit Confidential. As reported in a recent article, Leong believes the trend in strong tech stocks will continue this year. And he thinks that Apple demonstrates this perfectly.
"Apple is an example of why I continue to feel that technology will be the best investment opportunity for growth investors going forward," says Leong.
Apple Inc. surpassed oil giant Exxon Mobil Corporation to become the world's biggest company on February 7, according to Profit Confidential. Apple made an astonishing $13.87 per diluted share in its fourth quarter, $3.71 or 36.50% above the consensus estimates.
Apple is the "best of breed," according to Leong.
Leong also believes the area that will offer the best investment opportunity is that of mobility applications for tablets and smartphones, as users shift away from the more cumbersome PCs and laptops.
"Take a look at some of the smaller semiconductor stocks that develop solutions for mobile applications," says Leong.
Big-name technology continues to look positive, but for higher gains Leong believes you need to look in the small-cap area for the top investment opportunity. One name he highlights is Beijing-China based iSoftStone Holdings Limited.
"What impresses me about iSoftStone as an investment opportunity is its global reach," says Leong.
Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it "begged" its readers to get out of the housing market...before it plunged.
Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.
To see the full article and to learn more about Profit Confidential, visit www.profitconfidential.com.
Profit Confidential is Lombardi Publishing Corporation's free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit www.profitconfidential.com.
Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi's current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.