When I spoke with my Strategic Tech Investor readers last week, I illustrated how one of our Million-Dollar Tech Portfolio stocks had soared 53% in just a little over two months.

But Repligen Corp. (Nasdaq: RGEN) isn’t the only big winner. In fact, six of our seven investments in the Million-Dollar Tech Portfolio are up – and the other is just a hair below breakeven.

Repligen’s gain was by far the largest – but one other stock is up 22.7% in the period, and another one rallied for profits of 17.9%.

[ad#Google Adsense 336×280-IA]It just proves what I said in that special report: “The road to wealth is paved by tech.”

With that in mind, let’s take a look at how our portfolio is already producing annualized gains of nearly 90%.

And then I’ll show you why I still like these plays for the long haul…

Sextupling the Market

As I have said for some time now, if you want to make serious money in the stock market you have to be invested in high tech.

Of course, that doesn’t mean you can just throw a dart at the Nasdaq Composite Index and expect to find a profitable play. You need someone in your corner who knows how to spot winners in the making… someone who’s spent 35+ years analyzing and investing in Silicon Valley.

Consider this: Since March 6, when Strategic Tech Investor readers received “The Million-Dollar Tech Portfolio” report, the Standard & Poor’s 500 Index was up 1.7% late last week.

Our average gain in the portfolio – 15.4% – was more than six times that amount.

If we extrapolate out our success so far, we’re talking close to 90% gains for the year…

Not only that, but there’s not a single loser in the bunch. With that in mind, let’s take a look at each of our seven Million-Dollar investments.

Let’s get started…

Million-Dollar Tech Portfolio Winner No. 1: Repligen Corp.

Repligen Corp. (Nasdaq: RGEN) had recently soared more than 17% in a single session. For a time that day, it was the tenth-biggest gainer among all stocks traded on major U.S. exchanges.

I said I still saw plenty of upside ahead, but that the stock might temporarily give back some of its recent gains. Well, I’m happy to report the opposite has happened – the stock has continued to gain.

That reinforces my belief that this key supplier to the biotech industry still has plenty of upside left. The stock opened Wednesday at $41.67 and has a market cap of $1.37 billion.

Million-Dollar Tech Portfolio Winner No. 2: Ambarella Inc.

I call this exciting small-cap player the “video everywhere” company. Ambarella Inc. (Nasdaq: AMBA) leads the world in advanced video-compression and image-processing technology.

That’s why you’ll find its devices being used by the leading wearable sports camera on the market today, the helmet-mounted HERO from GoPro Inc. (Nasdaq: GPRO).

Ambarella also makes devices used for automotive backup cameras. This is a market with huge upside because, beginning in July 2018, all cars and light-duty trucks in the United States must have backup cameras.

Plus, the Santa Clara, Calif.-based company makes processing technology for ultra-high-definition TV (UHDTV) broadcasts. Using 2013 as the base year, the Consumer Electronics Association projects a 60-fold sales increase for UHDTV through 2106, when it expects sales of 1.43 million units.

With a market cap of $2.63 billion, Ambarella stock was trading at $85.95 yesterday afternoon. The company recently beat on sales and earnings for its fiscal fourth quarter. I’m still projecting the stock will double from my original estimate in as little as 3.2 years. Year to date alone it’s up 69%!

Million-Dollar Tech Portfolio Winner No. 3: CoreLogic Inc.

This is a great double play on two powerful long-term trends. The first is Big Data – when computers crunch through massive amounts of unstructured information to find profitable trends.

Second, CoreLogic Inc. (NYSE: CLGX) focuses on the burgeoning market for online real estate shopping. A recent analysis by the National Association of Realtors found that 74% of potential buyers intended to use the Web to search for a house.

Based in Irvine, Calif., CoreLogic operates deep databases on several real estate sectors, covering everything from single-family homes to natural gas pipelines.

The company also sifts through data to provide background checks on prospective clients. It can even determine whether someone has a criminal conviction for property damage.

Opening at $39.94 yesterday, the stock has a market cap of $3.62 billion. The stock got a boost after CoreLogic beat on first-quarter earnings. I projected stock gains of 26% through March 2016, and we’re well on our way.

Million-Dollar Tech Portfolio Winner No. 4: First Trust IPOX-100 Index Fund

Strictly speaking, the First Trust IPOX-100 Index Fund (NYSE: FPX) is not a pure technology play. Instead, it captures the upside that initial public offerings (IPOs) can provide – but without all the volatility.

As such, FPX attempts to invest in the 100 recent largest, best-performing U.S. IPOs – and about 40% of its stocks are in high-tech or tech-centric healthcare firms. Its two biggest holdings are social-media leader Facebook Inc. (Nasdaq: FB) and biopharmaceutical giant AbbVie Inc. (Nasdaq: ABBV).

So, this is an exchange-traded fund (ETF) that both rides the tech boom and gives us plenty of diversification. Its other holdings cover autos, retail, finance, energy, and heavy industry.

FPX is all about building long-term wealth, and I advocate holding it for at least five years. It opened yesterday at $54.91, a price I believe will at least double by then.

Million-Dollar Tech Portfolio Winner No. 5: Alibaba Group Holding Inc.

Already an e-commerce giant in China, Alibaba Group Holding Inc. (NYSE: BABA) has its sights set on the U.S. market.

On May 8, Alibaba said it’s increasing its stake in Zulily Inc. (Nasdaq: ZU), a Seattle-based e-tailer of apparel and accessories for moms, babies, and kids. After this latest round, Alibaba now own 9.2% of this upcoming firm.

This is a savvy move because, by entering the U.S. e-commerce space, it essentially doubles Alibaba’s total potential market. Alibaba already ranks as the dominant player in China, which recently surpassed the United States to become the world’s e-commerce leader.

Based on sales in 2013, the last year for full comparable data, China’s e-commerce industry measured $298 billion in sales and the United States came in at $263 billion.

Alibaba is just getting started. The stock debuted last summer in the largest IPO in U.S. history. Typical for new issues, the stock has been choppy since.

Priced at $89.95 mid-day Wednesday, Alibaba has a lot of upside ahead. Alibaba beat on sales and earnings in its most recent quarterly report.

And it’s on a path to become even bigger than Amazon.com Inc. (Nasdaq: AMZN).

Million-Dollar Tech Portfolio Winner No. 6: Technology Select Sector SPDR Fund

I said the Technology Select Sector SPDR Fund (NYSE: XLK) is an investment you should add to regularly and never sell. Though it’s lagging most of the Million Dollar Tech Portfolio at present, I still believe that to be true.

The whole point of this ETF is to use it as a foundational play that focuses on high tech but that offers diversification within its holdings.

For just $43.62, you instantly own stakes in such U.S.-based global leaders as Intel, Facebook, Apple Inc. (Nasdaq: AAPL), and Microsoft Corp. (Nasdaq: MSFT).

Plus, you also get stakes in more than 65 other firms that run the gamut from semiconductors and cloud computing to sensors and computer memory.

Million Dollar Tech Portfolio Winner No. 7: Cray Inc. at Breakeven

You know a small company has great products when a tech legend like Intel Corp. (Nasdaq: INTC) relies on its technology for nailing a key contract. Turns out, Cray Inc. (Nasdaq: CRAY) is playing a big role in an Intel project at the U.S. Department of Energy Argonne National Laboratory. The Intel-Cray team will provide the facility with two next-generation supercomputers and associated storage gear.

This new contract shows just how great Cray’s technology really is. This is a firm that has remained at the leading edge of supercomputing for more than 20 years.

Also known as high-performance computing, the supercomputing sector is growing at 8.3% a year, according to Market Research Media, which projects sales will hit $44 billion in 2020.

To capitalize on that market, once-struggling Cray is working hard to improve its operations. In the first quarter, it reported adjusted net losses per share of $0.28, beating analysts’ estimates by 30%. With a market cap of $1.23 billion, the stock opened Wednesday at $30.05 a share.

Add it all up and you really do have the makings of a Million-Dollar Tech Portfolio.

Each of these investments hold great long-term potential to improve your net worth – and I’ll be bringing you regular updates on all of them as we take this journey down the road to wealth together.

— Michael A. Robinson

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Source: Money Morning