Best Tech Stocks For 2023

Bitcoin (CRYPTO: BTC) crossed the psychologically important $50,000 level on Sunday night.

See Also: How To Buy Bitcoin (BTC)

What’s Moving? The apex cryptocurrency touched an intraday high of $50,019.20 shortly before press time.

BTC traded 2.42% higher at $49,915.30 over 24 hours at press time. For the week, the apex cryptocurrency traded 4.97% higher.

Since the year began, BTC has gained 70.28%. Bitcoin last traded above the $50,000 mark in May.

Why Is It Moving? Even as the apex cryptocurrency crosses the $50,000 hurdle, analysts are cautious as they warn of resistance coming in the way of further immediate upside.

“Today is the first day we are testing my $50k target area and seeing a reaction,” said options veteran John Wick.

Wick touched on “supply front running fears of $50k distribution.”

A Bloomberg report last week explored Bitcoin’s over 60% price increase since July and said the apex coin faced “a rare confluence of technical obstacles” such as a Fibonacci and Ichimoku cluster between $47,000 and $48,000.
Read Next: EXCLUSIVE: Why This Company Chose To Build A Supply Chain For Human Reproductive Material Over The Bitcoin Blockchain

Best Tech Stocks For 2023: Top Image Systems Ltd.(TISA)

Top Image Systems Ltd. provides enterprise solutions for managing and validating content entering organizations from various sources. It develops and markets automated data capture solutions for managing and validating content gathered from customers, trading partners, and employees. The company?s solutions deliver digital content to the applications that drive an enterprise by using technologies, such as wireless communications, servers, form processing, and information recognition systems. It offers eFLOW Unified Content Platform that provides the common architectural infrastructure for its solutions. The company also provides Smart, an automated classification solution, which is the eFLOW plug-in for unstructured content providing single point of entry for information entering the organization; and Freedom, the eFLOW plug-in for semi-structured content that enables customers to identify and capture critical data from semi-structured documents, such as invoices, purchase orders, shipping notes, and checks. In addition, it offers Integra, the eFLOW plug-in for structured content, which provides a solution for data capture, validation, and delivery from structured predefined forms; eFLOW Ability, an integrated module interfacing with SAP systems for automated parking, approval, and posting of invoices and other document within SAP systems; and eFLOW Invoice Reader, an invoice capture and approval solution, which could be deployed and integrated in enterprise accounting environment, such as SAP, Oracle, and other financial systems. Top Image Systems Ltd. sells its products through a network of value-added distributors, systems integrators, original equipment manufacturers, and partners in approximately 40 countries worldwide. It has strategic partnership with SQN Banking Systems (SQN) to incorporate SQN’s fraud detection solutions with its eFLOW Banking Platform in the Asia Pacific market. The company was founded in 1991 and is headquartered i n Ramat Gan, Israel.

Advisors’ Opinion:

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

    For more information about research offerings from Zacks Investment Research, visit

  • [By Money Morning Staff Reports]

    Before we get to our latest pick, here are last week’s top-performing penny stocks:

    Penny Stock Sector Current Share Price Last Week’s Gain
    Melinta Therapeutics Inc. (NASDAQ: MLNT) Healthcare $1.74 104.01%
    Pernix Therapeutics Holdings Inc. (NASDAQ: PTX) Healthcare $0.83 84.40%
    Top Image Systems Ltd. (NASDAQ: TISA) Healthcare $0.82 59.85%
    Jason Industries Inc. (NASDAQ: JASN) Healthcare $2.21 58.99%
    Maxwell Technologies Inc. (NASDAQ: MXWL) Financial $4.66 51.79%
    Marathon Patent Group Inc. (NASDAQ: MARA) Healthcare $0.52 51.47%
    Forward Pharma A/S (NASDAQ: FWP) Basic Materials $1.53 43.57%
    Dixie Group Inc. (NASDAQ: DXYN) Healthcare $1.40 42.86%
    Trevena Inc. (NASDAQ: TRVN) Services $1.41 39.60%
    Alliance MMA Inc. (NASDAQ: AMMA) Healthcare $4.95 36.18%

    Don’t Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment…

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

    For more information about research offerings from Zacks Investment Research, visit

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

    For more information about research offerings from Zacks Investment Research, visit

Best Tech Stocks For 2023: Globalstar Inc.(GSAT)

Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers various communications services, including fixed voice and data satellite communications services; and satellite data modem services for asset-tracking applications, which enables customers to control directly their remote assets and perform complicated monitoring activities. It also offers duplex two-way transmission products comprising GSP-1720 satellite voice and data modem boards, which enable resellers to integrate the satellite modem processing with the specific application; SPOT satellite GPS messenger for tracing geographically, or mapping the location of individuals or equipment; and SPOT satellite communicators. In addition, Globalstar, Inc. provides SPOT HUG, a device for monitoring of a boat’s location, status of the operations, engine, pumps, hatch, and door status, as well as valuables onboard; SPOT Connect, a one-way messaging device that s ends messages through the company?s satellite network from smartphone or other smart devices, such as tablets; and simplex one-way transmission products. The company sells its products primarily to government; public safety and disaster relief; recreation and personal; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. Globalstar, Inc. distributes its products through independent agents, dealers, and resellers, as well as independent gateway operators. It operates approximately 34 in-orbit satellites and 25 ground stations. The company was founded in 2003 and is headquartered in Covington, Louisiana.

Advisors’ Opinion:

  • [By Joe Tenebruso (tmfguardian)]

    Shares of Globalstar (NYSEMKT:GSAT) rocketed 30% on Wednesday, as rumors of a potential deal with Apple (NASDAQ:AAPL) intensified.

    So what 

    Late last month, respected analyst Ming-Chi Kuo posited that Apple’s new iPhones will support satellite communications. Kuo postulated that partnering with Globalstar would allow the tech titan to offer iPhone users the ability to place calls in areas with non-existent or unreliable cellular coverage. That sent investors into a tizzy, and they quickly bid up Globalstar’s shares following Kuo’s report.

  • [By Josh Enomoto]

    One last note — all of these penny stocks are risky and most are so treacherous I don’t have an adequate vocabulary to describe the dangers. Please note that this is for entertainment purposes only. That said, let’s take a closer look at the stocks on this list.

    Penny Stocks to Buy: Globalstar (GSAT)

  • [By Louis Navellier and the InvestorPlace Research Staff]

    You might think of Globalstar (NYSEAMERICAN:GSAT) as a satellite services business, but the company also specializes in commercial IoT, or Internet of things. Thus, GSAT stock offers exposure to more than one high-conviction niche market.

Best Tech Stocks For 2023: Google Inc.(GOOG)

Google Inc. maintains an index of Web sites and other online content for users, advertisers, and Google network members and other content providers. It offers AdWords, an auction-based advertising program; AdSense program, which enables Web sites that are part of the Google Network to deliver ads from its AdWords advertisers; Google Display, a display advertising network that comprises the videos, text, images, and other interactive ads; DoubleClick Ad Exchange, a real-time auction marketplace for the trading of display ad space; and YouTube that provides video, interactive, and other ad formats for advertisers. The company also provides Google Mobile that optimizes Google?s applications for mobile devices in browser and downloadable form; and enables advertisers to run search ad campaigns on mobile devices, as well as Google Local that provides local information on the Web; and Google Boost for small businesses to participate in the ads auction. In addition, it offers And roid, an open source mobile software platform; Google Chrome OS, an open source operating system; Google Chrome, a Web browser; Google TV, a platform for the consumers to use the television and the Internet on a single screen; and Google Books platform to discover, search, and consume content from printed books online. Further, the company provides Google Apps, a cloud computing suite of message and collaboration tools, which includes Gmail, Google Docs, Google Calendar, and Google Sites; Google Search Appliance that offers real-time search of business and intranet applications, and public Web sites; Google Site Search, a custom search engine; Google Commerce Search for online retail enterprises; Google Checkout to make online shopping and payments streamlined and secure; Google Maps Application Programming Interface; and Google Earth Enterprise, a firewall software solution for imagery and data visualization. Google Inc. was founded in 1998 and is headquartered in Mountain View, California.

Advisors’ Opinion:

  • [By Tezcan Gecgil]

    In June, International Business Machines revealed Europe’s first quantum computer in Germany. According to IBM, the Q System One is now “Europe’s most powerful quantum computer.” In this ‘race, IBM is not alone and elsewhere, other tech giants, including Google (NASDAQ:GOOG, NASDAQ:GOOGL) (NASDAQ:GOOG), Amazon (NASDAQ:AMZN) and Honeywell (NASDAQ:HON), are also investing heavily in the quantum computing world.

  • [By Joe Tenebruso (tmfguardian)]

    Although Rogers found that Apple was not an antitrust monopolist, her decision to give developers the freedom to steer users away from Apple’s App Store could also impact other major platforms, such as those operated by Alphabet’s (NASDAQ: GOOG)(NASDAQ: GOOGL) Google and Facebook. Investors will thus need to factor this increased regulatory risk into their outlooks for these tech giants.

  • [By Anders Bylund (tmfzahrim)]

    Read on to see why every investor should consider holding a few shares of Roku (NASDAQ:ROKU), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), and Walt Disney (NYSE:DIS). All of these familiar names are poised to keep winning for many years to come, each in its own inimitable way.

  • [By ]

    Polen Capital Management's top four stock picks are a who's who of hot-growth, mega-cap tech stocks: Facebook (FB, $377.57), Microsoft (MSFT), Google-parent Alphabet's Class C shares (GOOG) and Adobe (ADBE). 

Best Tech Stocks For 2023: Simulations Plus, Inc.(SLP)

Simulations Plus, Inc. designs, develops, and markets drug discovery and development software for mechanistic modeling and simulation. It offers GastroPlus that simulates the absorption, pharmacokinetics, and pharmacodynamics of drugs administered to humans and animals; DDDPlus, which simulates in vitro laboratory experiments that measure the rate of dissolution of the drug and additives in a dosage form; and MembranePlus that simulates laboratory experiments. The company also provides PKPlus, a standalone program that provides the functionality needed by pharmaceutical industry scientists to generate the analyses and outputs to satisfy regulatory agency requirements for NCA and compartmental pharmacokinetics; ADMET Predictor, a chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, a molecule drawing program or sketcher that integrates with MedChem Studio and ADMET Predictor. In addition, it offers MedChem Studio, a tool for data mining and designing new molecules; and KIWI, a cloud-based Web application that organizes, processes, maintains, and communicates the volume of data and results generated by pharmacologists and scientists over the duration of a drug development program. Further, the company provides consulting services ranging from early drug discovery through preclinical and clinical trial data analysis, and reporting to regulatory agencies; and population modeling and simulation contract research services for the pharmaceutical and biotechnology industries. It offers software and services to pharmaceutical, biotechnology, agrochemical, and food companies, as well as regulatory agencies in North America, South America, Europe, Japan, Australia, New Zealand, India, Singapore, and the People’s Republic of China. Simulations Plus, Inc. was founded in 1996 and is headquartered in Lancaster, California.

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