4 hot-tech stocks for the New Year

The following four stocks provided their shareholders with significant outperformance in 2013, which could mean much of 2014 growth is already reflected in the share price. However the outlook for the underlying performance of each company is good with revenues and earnings likely to improve further in 2014. While investors always need to be careful about what price they pay for a company particularly when high growth forecasts are involved, these four stocks could be worth investors taking a closer look at.

Mobile Embrace (ASX: MBE) is an integrated mobile and digital communications company focusing on providing mobile payments and mobile marketing solutions. The stock price has rallied from 2 cents to 23.5 cents this year but with an impressive first-quarter trading update release by the company in November, Mobile Embrace looks well positioned as we head into 2014.

Mint Wireless (ASX: MNW) also operates in the burgeoning mobile payment solutions and mobile transactions space. Shareholders have enjoyed a similar experience to those in Mobile Embrace with the share price increasing from 1 cent to 29 cents over the course of 2013. With a clever device which attaches to a smart phone allowing credit and debit card payments to be made, Mint Wireless could be well positioned to capture a share of the growing market for mobile point of sale payments.

MOKO Social Media (ASX: MKB) is already a $120 million company thanks to its share price having shot up from 2 cents to 29 cents during 2013. With similarities to Facebook, MOKO provide mobile social community platforms to specific audiences such as college students.

BigAir (ASX: BGL) provides fixed wireless broadband solutions to businesses, universities, communities and customers in remote locations. With an increasing demand for wireless communications and often a prohibitively expensive cost to build fixed line telecom infrastructure, BigAir looks well positioned as we head into the New Year.

Foolish takeaway

Investing in technology stocks is not without risks given the speed of change that constantly occurs in the sector. For this reason, investing in tech stocks is generally best done as part of a balanced portfolio.

Are you more focused on generating a steady stream of dividends from your portfolio?

Interested in our #1 dividend-paying stock? Discover The Motley Fool's favourite income idea for 2014 in our brand-new, FREE research report, including a full investment analysis! Simply click here for your FREE copy of "The Motley Fool's Top Dividend Stock for 2014."

Motley Fool contributor Tim McArthur owns shares in BigAir Group.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.