Top Tech Stocks To Invest In Right Now

Shares of Revolution Lighting Technologies Inc (NASDAQ:RVLT) saw strong trading volume on Thursday . 1,116,200 shares traded hands during trading, an increase of 478% from the previous session’s volume of 192,986 shares.The stock last traded at $2.63 and had previously closed at $2.20.

Separately, HC Wainwright set a $8.00 target price on shares of Revolution Lighting Technologies and gave the company a “buy” rating in a research note on Wednesday, May 2nd.

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The company has a current ratio of 2.00, a quick ratio of 1.28 and a debt-to-equity ratio of 0.67. The company has a market cap of $55.01 million, a PE ratio of -7.21 and a beta of 0.53.

Top Tech Stocks To Invest In Right Now: Ambarella, Inc.(AMBA)

Advisors’ Opinion:

  • [By Rick Munarriz]

    One of the few companies reporting this week is Ambarella (NASDAQ:AMBA). The provider of video chip solutions was a market darling when wearable action cameras were all the rage, but the stock has shed more than half its value since peaking three summers ago. 

  • [By Nicholas Rossolillo]

    It seems that anything these days with the words “autonomous driving” attached to it carries some level of controversy. Video chipmaker Ambarella (NASDAQ:AMBA) is no exception. But the thing is, the company isn’t really in that industry — at least not yet. Shares were hammered after the company reported on its first quarter, which ended April 30, because of further declines in its action camera (read GoPro) and drones business. So developing new chips for the future of transportation can’t come soon enough for Ambarella.

  • [By Chris Lange]

    Ambarella Inc. (NASDAQ: AMBA) also is scheduled to release its most recent quarterly results Thursday. The consensus forecast calls for $0.37 in EPS and $70.3 million in revenue. Shares closed at $48.89. The consensus price target is $57.50, and the 52-week range is $40.06 to $66.23.

  • [By Max Byerly]

    Engineers Gate Manager LP bought a new stake in shares of Ambarella Inc (NASDAQ:AMBA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 89,677 shares of the semiconductor company’s stock, valued at approximately $3,462,000. Engineers Gate Manager LP owned approximately 0.27% of Ambarella as of its most recent filing with the Securities and Exchange Commission (SEC).

Top Tech Stocks To Invest In Right Now: Innodata Inc.(INOD)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Innodata (NASDAQ:INOD) will be releasing its Q1 2018 earnings data before the market opens on Tuesday, May 8th.

    Innodata (NASDAQ:INOD) last announced its earnings results on Thursday, March 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $15.66 million for the quarter. Innodata had a negative return on equity of 10.94% and a negative net margin of 8.30%.

  • [By Stephan Byrd]

    Media coverage about Innodata (NASDAQ:INOD) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Innodata earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.3485759085159 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

  • [By Logan Wallace]

    Luzich Partners LLC lifted its stake in shares of Innodata Inc (NASDAQ:INOD) by 4.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,316,550 shares of the technology company’s stock after acquiring an additional 61,944 shares during the period. Innodata accounts for approximately 1.5% of Luzich Partners LLC’s portfolio, making the stock its 12th biggest position. Luzich Partners LLC owned about 5.09% of Innodata worth $1,514,000 at the end of the most recent reporting period.

Top Tech Stocks To Invest In Right Now: Microsoft Corporation(MSFT)

Advisors’ Opinion:

  • [By Leo Sun]

    Microsoft (NASDAQ:MSFT) had a mixed second quarter based on last week’s earnings report. Its revenue rose 12% annually to $32.5 billion, but that marked its slowest growth in four quarters and missed expectations by $40 million. However, its non-GAAP net income rose 14% to $8.6 billion, as its EPS rose 15% to $1.10 per share — which beat estimates by a penny.

  • [By Natalie Walters]

    However, Alibaba is currently ranked as the third largest public cloud provider worldwide, behind Amazon.com (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), according to research firm Gartner. Like Alibaba, Microsoft and Amazon both attributed a bulk of their revenue growth this past year to their respective cloud businesses.

  • [By Jeremy Bowman]

    Here are Amazon’s biggest competitors and their respective industries:

    Walmart (e-commerce, retail, grocery, India) Costco Wholesale (NASDAQ:COST) (retail, Amazon Prime) Target (NYSE:TGT) (retail, fast shipping) Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) (product search, cloud computing, voice-activated technology) Microsoft (NASDAQ:MSFT) (cloud computing) eBay (e-commerce, marketplace) Netflix (NASDAQ:NFLX) (video streaming) Etsy (NASDAQ:ETSY) (e-commerce) UPS (NYSE:UPS) (logistics, delivery) FedEx (NYSE:FDX) (logistics, delivery)

    Below, we’ll examine each of the industries from which Amazon draws competitors and its closest rivals in each sector.

Top Tech Stocks To Invest In Right Now: Synopsys, Inc.(SNPS)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Champlain Investment Partners LLC boosted its position in Synopsys, Inc. (NASDAQ:SNPS) by 3.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 686,287 shares of the semiconductor company’s stock after purchasing an additional 25,685 shares during the period. Champlain Investment Partners LLC owned about 0.46% of Synopsys worth $57,127,000 as of its most recent filing with the SEC.

  • [By Dan Caplinger]

    The stock market was generally quiet again on Thursday, with minimal moves lower for most major benchmarks. Once again, technology stocks helped to support the rest of the market, and the Nasdaq Composite outperformed most other stock indexes. New tariffs once again reminded investors of the threats on the trade front, although at least in the U.S., most economic data continue to support the idea of sustained growth for the foreseeable future. Some individual companies also had good news that lifted their shares. Advanced Micro Devices (NASDAQ:AMD), Synopsys (NASDAQ:SNPS), and FireEye (NASDAQ:FEYE) were among the best performers on the day. Here’s why they did so well.

  • [By Logan Wallace]

    Synopsys (NASDAQ:SNPS) had its price target raised by stock analysts at KeyCorp from $110.00 to $112.00 in a research report issued to clients and investors on Thursday. The firm currently has an “overweight” rating on the semiconductor company’s stock. KeyCorp’s price target would suggest a potential upside of 26.81% from the stock’s current price.

  • [By Max Byerly]

    Glenmede Trust Co. NA reduced its stake in Synopsys, Inc. (NASDAQ:SNPS) by 52.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 216,557 shares of the semiconductor company’s stock after selling 234,854 shares during the quarter. Glenmede Trust Co. NA owned about 0.15% of Synopsys worth $18,531,000 as of its most recent SEC filing.

  • [By Logan Wallace]

    These are some of the news headlines that may have effected Accern Sentiment’s analysis:

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    Synopsys, Inc. (SNPS) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com) Free Research Report as Applied Materials’ Revenues Grew 28.8%; Adjusted EPS Surged 54.4% (finance.yahoo.com) Synopsys IC Validator Certified by Samsung Foundry for 7nm Signoff Physical Verification (prnewswire.com) Synopsys Fusion Technology Enables Lower Power, Smaller Area, and Higher Performance on Samsung Foundry 7LPP Process with EUV (prnewswire.com) Synopsys Announces New Release of LucidShape Software for Automotive Lighting Design and Analysis (finance.yahoo.com)

    A number of equities analysts recently commented on SNPS shares. KeyCorp reaffirmed an “overweight” rating and set a $110.00 price target (up from $106.00) on shares of Synopsys in a research note on Thursday, February 22nd. Royal Bank of Canada reaffirmed a “buy” rating on shares of Synopsys in a research note on Friday, February 23rd. Zacks Investment Research cut shares of Synopsys from a “hold” rating to a “strong sell” rating in a research note on Monday, February 26th. BidaskClub cut shares of Synopsys from a “hold” rating to a “sell” rating in a research note on Tuesday, February 27th. Finally, ValuEngine raised shares of Synopsys from a “hold” rating to a “buy” rating in a research report on Thursday, April 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. Synopsys presently has an average rating of “Buy” and an average target price of $102.71.

Top Tech Stocks To Invest In Right Now: RealPage, Inc.(RP)

Advisors’ Opinion:

  • [By Joseph Griffin]

    JPMorgan Chase & Co. assumed coverage on shares of RealPage (NASDAQ:RP) in a research report released on Thursday, Marketbeat.com reports. The brokerage issued an overweight rating and a $76.00 price objective on the software maker’s stock.

  • [By Stephan Byrd]

    RealPage Inc (NASDAQ:RP) Chairman Stephen T. Winn sold 752,793 shares of the stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $59.24, for a total value of $44,595,457.32. Following the completion of the transaction, the chairman now owns 1,945,439 shares in the company, valued at $115,247,806.36. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

  • [By Logan Wallace]

    Rothschild Asset Management Inc. decreased its stake in RealPage Inc (NASDAQ:RP) by 14.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 760,947 shares of the software maker’s stock after selling 126,009 shares during the period. Rothschild Asset Management Inc.’s holdings in RealPage were worth $41,928,000 at the end of the most recent quarter.

  • [By Shane Hupp]

    Tyler Technologies (NASDAQ: RP) and RealPage (NASDAQ:RP) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, analyst recommendations, institutional ownership, risk, dividends, earnings and profitability.

  • [By Shane Hupp]

    CommerceHub (NASDAQ: CHUBK) and RealPage (NASDAQ:RP) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their earnings, valuation, risk, institutional ownership, dividends, profitability and analyst recommendations.

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