Top Stocks For February (AAPL, MRVL, PCLN, BIDU, ABV)

According to a report in The Street, the top stocks for the month of February are:

Apple (NASDAQ: AAPL): AAPL has been attracting investor attention for its strong iPod sales, rapid adoption of the iPhone 3GS across the world and momentum from its Mac computer line. Apple was recently in the news when it launched the much-awaited tablet, iPad. Just prior to the launch of the iPad, the company had posted a 50% jump in its profits for the fiscal first quarter, partly due to the record sales of $15.68 billion in the holiday season. Although some techies are disappointed with iPad, its low cost is sure to extend its market reach and boost its demand. Read more about this company here.

Marvell Technology Group (NASDAQ: MRVL): This Bermuda-based firm offers data storage and broadband communications gear. This "fabless" semiconductor company keeps its costs down by outsourcing the actual fabrication of its devices. While MRVL is a global player, it derives more than 80% of its revenues from Asia, with most of its sales coming from Western Digital (NYSE: WDC), Toshiba and Samsung. Marvell Technology is poised to see a spike in the demand for its products in 2010, as the demand for its high-tech devices, like smartphones and laptops, pick up. MRVL’s shares have slipped 16.10% over the past 30 days to trade at $17.98. Read more about this company here.

Priceline (NASDAQ: PCLN): This company has been thriving as shoppers are turning to the Internet to get cheaper services. PCLN’s recent results show a 98.3% surge in earnings to $3.45 per share. Meanwhile, Priceline's sales jumped 30% to $730.7 million on "exceptionally strong" summer travel season, as consumers took advantage of its travel bargains. The figures were much higher than what was expected by analysts and the company’s earnings guidance also came as a pleasant surprise to analysts. PCLN’s shares are trading at $200.01, which represents an 11.72% fall over the past 30 days. Read more about this company here.

AmBev (NYSE: ABV): This company dominates the Brazilian beverage market and produces various brands of beer and distributes Pepsi and Lipton products across Latin America. ABV is benefiting from the increasing purchasing power of the emerging middle class in Latin America, which has increasingly been buying the company’s upscale consumer staples. Recovery in the global economy will continue to drive ABV’s stock to new heights. Read more about this company here.

Baidu (NASDAQ: BIDU): This leading Chinese-language Internet search engine has command over 70% of China's search market. Although BIDU generates most of its revenues through its online advertising services, some also comes from a network of third-party websites and online communities. Baidu is set to see explosive growth this year, as more businesses and consumers shift their focus online. The ongoing differences of the rival Google (NASDAQ: GOOG) with the Chinese government may turn the tables more in favor of BIDU. Read more about this company here.

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