Apple Among 5 IBD 50 Stocks Riding Hot CES Trends

“Where the Consumer Electronics Show goes, technology follows. And this year, tech wearables, 3D cameras and smart, connected versions of once un-smart, un-connected objects emerged as some of the annual show’s dominant themes,” Bill Peters reports for Investor’s Business Daily. “”

“For instance, NXP Semiconductors (NASDAQ:NXPI) introduced a chip that allows a driver to lock and unlock his or her smart car via smartphone,” Peters reports. “The Netherlands-based company, whose technology helps Apple’s (NASDAQ:AAPL) Apple Pay mobile payments system complete transactions securely, also said that it would widen its stake in Cohda Wireless, a company whose software allows connected cars to talk to one another and potentially increase safety.”

“Speaking of Apple, the tech giant was, as in previous years, not at CES. But some tech companies hawking wearables were, a sign that Apple’s decision to create a smart watch was well-timed. The Apple Watch will reportedly hit shelves as soon as March,” Peters reports. “As more smartphones link up with cars and whatever else can carry an electrical current, chipmakers Skyworks Solutions (NASDAQ:SWKS) and Avago Technologies (NASDAQ:AVGO) could also catch some tailwinds. The two companies’ chips are in the iPhone 6, with Skyworks’ helping the phone connect to the Internet and Avago’s helping it filter out unwanted frequencies.”

Read more in the full article here.

5 Comments

  1. This Just in…. beep de beep doot doot….

    Microsoft Warns Apple On iPhone
    January 11, 2007 6:26 a.m. EST
    Komfie Manalo – All Headline News Correspondent
    San Francisco, CA (AHN) – Software giant Microsoft has warned its rival,
    Apple Inc., into launching its iPhone and said the much-awaited modern
    mobile phone could face some very serious challenges if the popular iPod
    MP3 player is integrated into it.
    Robbie Bach, Microsoft’s entertainment and devices division president
    admits the company is also planning to introduce its own mobile phone and
    integrate the Zune digital music player, but said such plan “is not at top of
    its priority list.”
    Bach said, “You have to find out what it’s great at. Is it great as a phone, or
    is it great as a music player? If it’s great as a music player, then it’s just
    another iPod trying to be a phone.”
    He said the biggest challenge facing Apple is merging the two different
    formats of media player and phone, as well as making sure the unit have
    sufficient battery life and good screen size.

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