Internet heavyweight Google (Nasdaq:GOOG) is having another banner quarter.
The company best known for its market leading search engine is expected to
post nearly $35 per share in earnings for 2011.
But what many
investors miss is that smart-phones driven by Google’s Android operating
system are giving the iPhone a run for its money. In fact, smart-phones
using Android are now the market leader with 33 million units sold in the
4th quarter, compared to 16 million iPhones. Well over 100 million Android
based phones will be sold this year.
The exploding market for smart-phones and tablet PCs is driving a surge in
semiconductor sales and data traffic on wireless networks.
Ian Wyatt, of Wyatt Investment Research, has released a new Special Report
highlighting three undervalued technology companies that are experiencing a
surge in smart-phone and tablet revenue.
One of these companies is a major supplier to Apple and other companies,
and yet trades with a P/E of just 7. Another is currently testing a new,
revolutionary cell tower antenna technology that’s cheaper and more
powerful than current technology.
Wyatt’s price targets suggest 24% and 67% gains for these stocks. To get
access to the latest smart-phone/tablet research from Wyatt Investment