They say never begin a post with a question. Who am I to listen to that kind of advice because most often I start my stock search with a question and today’s question is what tech stock with growth potential can also pay me a dividend while I wait?
I am not going to write about Intel (NASDAQ:INTC) or Microsoft (NASDAQ:MSFT) or even Qualcomm (NASDAQ:QCOM), as I have covered them as dividend machines. This week, I have been looking at other names and I found 2 worth writing about.
I looked at the holdings in the ETF managed by SPR that concentrates on technology that trades under the XLK symbol. Two stocks are of interest.
Skyworks Solutions (NASDAQ:SWKS)
Skyworks states they empower the wireless networking revolution. I must tell you a personal story here about wireless networking. I use AT&T (NYSE:T) Uverse in more than one location. As I move between these locations, I can change my television service from the 450 channels to the basic channels to save money, but I can never get the internet cost to less than $40 a month in each location.
Verizon (NYSE:VZ) suggested I try their Ellipsis Jetpack. The device is cheap and the monthly fee is half of what Uverse charges, and I only need one device. It even works in the car. Believe me it is fast. But, there is always a but, if I cancel Uverse and use only the Verizon Jetpack, my computer and printer will not talk to each other. I spent hours with tech support at Microsoft and Verizon, and they assured me that it was not to…