Friday, April 24, 2015

10 Best Information Technology Stocks To Invest In Right Now

10 Best Information Technology Stocks To Invest In Right Now: Molex Incorporated(MOLX)

Molex Incorporated, together with its subsidiaries, engages in the design, manufacture, and sale of electronic components worldwide. It offers micro-miniature connectors, B-to-B connectors, SIM and SD card sockets, keypads, electromechanical subassemblies, internal and on-ground antennas, standard antennas, magnetic jacks, and subsystems for the telecommunications market; and power, optical, and signal connectors and cables for end-to-end data transfer, linking disk drives, controllers, servers, switches, and storage enclosures for the info-tech market. The company also designs and manufactures connectors for home and portable audio, digital still and video cameras, DVD players, and recorders, as well as devices that combine multiple functions in the consumer market, earphones, jumpers, and components for gaming machines. In addition, it provides network interface cards, software for industrial networks, cord sets, electrical solutions, and I/O connectors for industrial pr oduction equipment, as well as portable lighting to power distribution solutions for commercial construction, utility, petrochemical, and food and beverage industries; and cable assemblies, sealed and panel mount connectors, and other products for use in the infotainment and navigation, powertrain, safety and chassis, and body electronics in the automotive market. Further, the company offers connectors and custom integrated systems for diagnostic and therapeutic equipment used in hospitals, including x-ray, magnetic resonance imaging, and dialysis machines; and solid-state lighting products. Additionally, it provides manufacturing services to integrate specific components into a customer?s product. The company sells its products directly to original equipment manufacturers, contract manufacturers, and distributors. It markets its! products through direct sales force and a network of distributors. Molex Incorporated was founded in 1938 and is based in Lisle, Illinois.

Advisors' Opinion:
  • [By Seth Jayson]

    Molex (Nasdaq: MOLX  ) reported earnings on April 23. Here are the numbers you need to know.

    The 10-second takeaway
    For the quarter ended March 31 (Q3), Molex missed estimates on revenues and missed estimates on earnings per share.

  • [By Ben Levisohn]

    Competitor AVX Corp. (AVX) has gained 1.1% to $12.96, while Molex (MOLX) has dropped 0.2% to $29.28 and Amphenol (APH) has ticked up 0.3% to $76.32.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-information-technology-stocks-to-invest-in-right-now-2.html

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