Stocks to Watch

Apple Inc. (NASDAQ: APPL) unquestionably dominates the tech world in consumer popularity. The company’s lineup of innovative personal computers, mobile communication devices, and portable digital music and video players, are among the most sought-after gadgets in the industry. However, the company is now facing allegations that its cool products may not necessarily be original.

Earlier this week, Motorola Inc. (NYSE: MOT) announced that its subsidiary Motorola Mobility Inc. sued Apple for patent infringement, filing three complaints against Apple relating to 18 of its patents.

Apple is also facing competition from industry players not willing to let up their portion of market share.

Recent data from Nielsen Co. showed that Google’s (NASDAQ: GOOG) Android went past Apple’s iPhone and Research In Motion’s (NASDAQ: RIMM) BlackBerry as the best-selling smartphone platform. Accordi

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If you are bullish on stocks going into September, the place to be is the big cap technology sector. These stocks are downright cheap. If the market falls, they will likely get cheaper, but if we are putting in a bottom, this is undoubtedly a great buying opportunity for both the short and long term. Every single one of these stocks has been beaten down and is trading at a very compelling valuation. Furthermore, these names are the cream of the crop in the technology space. If the market can find a bottom in the next couple of weeks, you will be grateful to have added Cisco Systems, Inc. (CSCO), Microsoft Corporation (MSFT), Intel Corporation (INTC), Hewlett-Packard Company (HPQ) and Dell, Inc. (DELL) at these depressed levels. With the exception of DELL, which has an awful lot of problems, but is wildly cheap, these stocks are the bluest of the blue chips in the tech space. Full post…