It's election day; make sure you vote.
Then, after you cast your ballot, stop for a moment and think about what your next investment move should be for post-election and 2011. Here are a few sector ideas to consider.
The world is rapidly moving towards smart phones and tablets. Mobility will be the key and you can expect this trend to have legs. Think for a moment about people in your life who have smart phones today that five years ago didn't have cell phones. The trend will continue. Verizon will continue to be a leader especially when they begin carrying Apple’s iPhones next year.
Additionally broadband will be a major theme as cell phone providers (and consumers) migrate from 3G to 4G spectrums. WiMAX and LTE will become household names in the next couple years. Position yourself to take advantage of this transition.
Cloud computing is headed our way. We are just now beginning to see the migration from a local storage model to remote servers. Companies like Amazon and Microsoft are at the center of this revolution and are focused on capturing market share as the transition involves.
Other technology company positives include high cash balances and and increasing tendency towards share repurchase strategies (such as the one announced by IBM last week). This clearly is a sector with tailwinds and we believe will continue to do well post-election and into 2011.