This Year's Four Best-Performing Blue Chip Tech Plays

Jacob Harper  |

The tech sector has taken a bit of a beating to start out 2014. While we’re only four weeks into this year we’ve seen major players like Apple Inc. (AAPL) and Twitter (TWTR) lose significant value, scaring many an investor away from what had been the dominant sector in the market the last five years.

Unsurprisingly, the sector’s largest percentage gainers have been in the small and micro cap division, notably daily deals site LiveDeal (LIVE) and clean energy fuel cell manufacturer Plug Power (PLUG) . But it’s not just the little guys with a lot of room to grow that have lit upt he sector. Some traditional “blue chip” plays have defied the macro trend, and sported solid returns.

As we near the end of the month, here are the four largest blue chip tech gainers in 2014:

Juniper Networks Inc (JNPR)

Market Cap: $13.91 billion

Price: $27.92

P/E: 32.90

YTD Gain: 23.70 percent

Qihoo 360 Technology (QIHU)

Market Cap: $10.86 billion

Price: $89.99

P/E: 123.27

YTD Gain: 9.68 percent

NetApp Inc. (NTAP)

Market Cap: $14.89 billion

Price: $43.71

P/E: 27.15

YTD Gain: 6.64 percent

Micron Technology (MU)

Market Cap: $23.95 billion

Price: $22.90

P/E: 15.07

YTD Gain: 5.29 percent

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
AAPL Apple Inc. 221.19 -0.96 -0.43 22,885,397 Trade
LIVE Live Ventures Incorporated 7.22 0.17 2.41 17,846 Trade
TWTR Twitter Inc. 29.55 -0.32 -1.07 19,379,384 Trade
QIHU Qihoo 360 Technology Co. Ltd. American Depositary Shares every 2 of which representing three Class A n/a n/a n/a 0 Trade
JNPR Juniper Networks Inc. 28.87 0.31 1.09 3,851,034 Trade
MU Micron Technology Inc. 42.35 -0.86 -1.99 27,758,963 Trade
NTAP NetApp Inc. 79.07 1.15 1.48 2,400,552 Trade
PLUG Plug Power Inc. 1.93 0.00 0.00 2,468,258 Trade
RXMD Progressive Care Inc 0.07 0.01 9.05 1,160,370

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