Income investors are typically less attracted to the tech sector, as these companies frequently use cash to fuel growth and spur innovation. However, these three pay their shareholders handsomely.
Shareholders can receive many positive announcements, such as upgraded guidance or news of a hot acquisition. Of course, dividend raises also fall into this category.
NetEase (NTES) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.