For Immediate Release
Chicago, IL – September 29, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Microsoft (Nasdaq:MSFT – Free Report), Amazon (Nasdaq:AMZN – Free Report), Qualcomm (Nasdaq:QCOM – Free Report), CDW Corporation (Nasdaq:CDW – Free Report) and Red Hat (NYSE:RHT – Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday’s Analyst Blog:
5 U.S. Tech Companies Thriving Outside Silicon Valley
When one thinks about the American technology sector, their mind naturally conjures up images of Silicon Valley, an industry oasis located in the southern portion of the San Francisco Bay Area. Named after the large number of silicon chip manufacturers in the area, Silicon Valley has been the U.S. tech capital for decades and is home to a number of industry behemoths.
There’s really nothing wrong about associating American tech with the Valley. It’s true, there are almost too many household names in region to count. Take a trip to the area and you’ll find the international headquarters of Apple, Intel, Facebook, Alphabet, Netflix, and many, many more.
Nevertheless, success in today’s tech industry does not necessarily depend on setting up shop in Silicon Valley. Throughout the country, city and state governments have lobbied to keep their talent at home, and we’re seeing a new generation of startups appear in a variety of emerging markets.
This new generation—one that doesn’t feel the need to pack up and move to Silicon Valley immediately—owes its inspiration to a number of massively successful firms that chose to take the same path.
Check out five of our favorite American tech companies that are not based in Silicon Valley:
1. Microsoft (Nasdaq:(MSFT - Free Report) – Free Report)
Microsoft found its home in Redmond in 1986, just weeks before the company went public. Today, the software innovator’s main campus, which is located at “One Microsoft Way,” is home to an estimated 40,000 employees. Microsoft is actually in the process of expanding its Silicon Valley campus right now, and it does operate an East Coast headquarters in Charlotte, North Carolina, but Redmond had been an integral part of the company’s history—and it will likely remain that way for the foreseeable future.
2. Amazon (Nasdaq:(AMZN - Free Report) – Free Report)
With Microsoft already proving that the Pacific Northwest could support tech companies, Amazon’s meteoric rise to e-commerce royalty simply cemented Washington as “Silicon Valley North.” Here’s a fun fact: Amazon currently occupies about 19% of all prime office space in its hometown, the most of any employer in a major U.S. city. What’s more, Amazon’s office space takes up a greater amount of square footage in Seattle than any other single company in a major American city.
3. Qualcomm (Nasdaq:(QCOM - Free Report) – Free Report)
While many of its semiconductor rivals call the San Francisco area home, Qualcomm has opted to keep its operations in the warmer climate of sunny San Diego. The company is the second-largest private employer in the city, behind only non-profit healthcare services firm Sharp HealthCare. Qualcomm also makes its presence known throughout San Diego. The chipmaker held the naming rights to Qualcomm Stadium, the longtime home of the former San Diego Chargers, for over 20 years.
4. CDW Corporation (Nasdaq:(CDW - Free Report) – Free Report)
CDW, which started when its founder flipped used PCs for small profits, has grown into a $10 billion enterprise technology powerhouse over the course of three decades. Headquartered in the Chicago suburbs of Lincolnshire and Vernon Hills, CDW is able to poach top talent from the universities in the Windy City and throughout the Midwest—a region not traditionally known for its tech industry.
5. Red Hat (NYSE: – Free Report)
Open source software leader Red Hat finds itself in the heart of North Carolina’s infamous “Research Triangle,” which houses several major tech and pharmaceutical firms. While several of these industry giants use the Raleigh-Durham area as an East Coast hub, Red Hat calls the Triangle its permanent global headquarters. The “corners” of this region are marked by North Carolina State University, Duke University, and the University of North Carolina, so Red Hat has plenty of talent to choose from.
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Get the full Report on MSFT - FREE
Get the full Report on AMZN - FREE
Get the full Report on QCOM - FREE
Get the full Report on CDW - FREE
Get the full Report on RHT - FREE
Follow us on Twitter: https://twitter.com/zacksresearch
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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
For Immediate Release
Chicago, IL – September 29, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Microsoft (Nasdaq:MSFT – Free Report), Amazon (Nasdaq:AMZN – Free Report), Qualcomm (Nasdaq:QCOM – Free Report), CDW Corporation (Nasdaq:CDW – Free Report) and Red Hat (NYSE:RHT – Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday’s Analyst Blog:
5 U.S. Tech Companies Thriving Outside Silicon Valley
When one thinks about the American technology sector, their mind naturally conjures up images of Silicon Valley, an industry oasis located in the southern portion of the San Francisco Bay Area. Named after the large number of silicon chip manufacturers in the area, Silicon Valley has been the U.S. tech capital for decades and is home to a number of industry behemoths.
There’s really nothing wrong about associating American tech with the Valley. It’s true, there are almost too many household names in region to count. Take a trip to the area and you’ll find the international headquarters of Apple, Intel, Facebook, Alphabet, Netflix, and many, many more.
Nevertheless, success in today’s tech industry does not necessarily depend on setting up shop in Silicon Valley. Throughout the country, city and state governments have lobbied to keep their talent at home, and we’re seeing a new generation of startups appear in a variety of emerging markets.
This new generation—one that doesn’t feel the need to pack up and move to Silicon Valley immediately—owes its inspiration to a number of massively successful firms that chose to take the same path.
Check out five of our favorite American tech companies that are not based in Silicon Valley:
1. Microsoft (Nasdaq:(MSFT - Free Report) – Free Report)
Microsoft found its home in Redmond in 1986, just weeks before the company went public. Today, the software innovator’s main campus, which is located at “One Microsoft Way,” is home to an estimated 40,000 employees. Microsoft is actually in the process of expanding its Silicon Valley campus right now, and it does operate an East Coast headquarters in Charlotte, North Carolina, but Redmond had been an integral part of the company’s history—and it will likely remain that way for the foreseeable future.
2. Amazon (Nasdaq:(AMZN - Free Report) – Free Report)
With Microsoft already proving that the Pacific Northwest could support tech companies, Amazon’s meteoric rise to e-commerce royalty simply cemented Washington as “Silicon Valley North.” Here’s a fun fact: Amazon currently occupies about 19% of all prime office space in its hometown, the most of any employer in a major U.S. city. What’s more, Amazon’s office space takes up a greater amount of square footage in Seattle than any other single company in a major American city.
3. Qualcomm (Nasdaq:(QCOM - Free Report) – Free Report)
While many of its semiconductor rivals call the San Francisco area home, Qualcomm has opted to keep its operations in the warmer climate of sunny San Diego. The company is the second-largest private employer in the city, behind only non-profit healthcare services firm Sharp HealthCare. Qualcomm also makes its presence known throughout San Diego. The chipmaker held the naming rights to Qualcomm Stadium, the longtime home of the former San Diego Chargers, for over 20 years.
4. CDW Corporation (Nasdaq:(CDW - Free Report) – Free Report)
CDW, which started when its founder flipped used PCs for small profits, has grown into a $10 billion enterprise technology powerhouse over the course of three decades. Headquartered in the Chicago suburbs of Lincolnshire and Vernon Hills, CDW is able to poach top talent from the universities in the Windy City and throughout the Midwest—a region not traditionally known for its tech industry.
5. Red Hat (NYSE: – Free Report)
Open source software leader Red Hat finds itself in the heart of North Carolina’s infamous “Research Triangle,” which houses several major tech and pharmaceutical firms. While several of these industry giants use the Raleigh-Durham area as an East Coast hub, Red Hat calls the Triangle its permanent global headquarters. The “corners” of this region are marked by North Carolina State University, Duke University, and the University of North Carolina, so Red Hat has plenty of talent to choose from.
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Get the full Report on MSFT - FREE
Get the full Report on AMZN - FREE
Get the full Report on QCOM - FREE
Get the full Report on CDW - FREE
Get the full Report on RHT - FREE
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on AMZN - FREE
Get the latest research report on QCOM - FREE
Get the latest research report on MSFT - FREE
Get the latest research report on CDW - FREE