Wednesday, August 25, 2021

Top 5 Tech Stocks To Watch Right Now

tags:QSII,ELLI,AAPL,IPG,DOCU,

Facebook (NASDAQ:FB) shareholders may have noticed the 20% sell-off in their stock at the end of last month. As one of them, I can assure you that it wasn't a great experience!

The sell-off -- which came after the company reported second-quarter results -- appears to be due to Facebook's intentionally slowing revenue growth, coupled with greatly increasing investments. Management projects a deceleration in revenue growth next year into the low 20% range, down sharply from last quarter's 41.9% growth, while projecting 2019 operating margins in the mid-30% range, down from 49% over the past 12 months. Though it's a near-term hit, the actions it is taking should enhance Facebook's moat over the long term. For long-term investors, these dips can often present buying opportunities.

Stories has unproved promise

There is such a thing in business as growing revenue too quickly. Businesses in hyper-growth mode can overextend personnel and controls. This happens often with financial services companies, but social media companies have many potential growth pitfalls as well. One particular risk is showing too many ads or showing the wrong kinds of ads near the wrong type of content. Either of these mistakes can turn off users and therefore long-term engagement.  

Top 5 Tech Stocks To Watch Right Now: Quality Systems, Inc.(QSII)

Quality Systems, Inc., together with its subsidiaries, develops and markets healthcare information systems that automate medical and dental practices, and networks of practices in the United States. Its QSI Dental division focuses on developing, marketing, and supporting software suites for dental group organizations. This division also sells cloud-based Software as a Service model practice management and clinical software solutions; and develops, markets, and provides electronic data interchange (EDI) services to dental practices, including electronic submission of claims to insurance providers, as well as automated patient statements. The company's NextGen division provides integrated clinical, financial, and connectivity solutions for ambulatory and dental provider organizations, including NextGen Ambulatory product suite comprising electronic health records, practice management, population health solutions, analytics, patient portal, documentation management, ePrescribing solutions, mobile solutions, and NextPen; and interoperability solutions, such as NextGen health information exchange and share solutions. This division also provides EDI, hosting, data protection, and consulting services. Its Hospital Solutions division offers integrated clinical, financial, and connectivity solutions for rural and community hospitals; and develops and markets revenue cycle management and clinical information systems software products for the small and specialty hospital market. The company's RCM Services division provides technology solutions and consulting services to cover healthcare providers' RCM needs that include billing and collections, electronic claims submission, electronic remittance and payment posting, accounts receivable follow-up, and expertise and support services. Quality Systems, Inc. markets its products through a direct sales force and a reseller channel. The company was founded in 1974 and is headquartered in Irvine, California.

Advisors' Opinion:

  • [By Max Byerly]

    Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Quality Systems, Inc. (NASDAQ:QSII) by 493.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 82,275 shares of the company’s stock after purchasing an additional 68,400 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.13% of Quality Systems worth $1,604,000 as of its most recent filing with the SEC.

  • [By Stephan Byrd]

    Quality Systems (NASDAQ:QSII)‘s stock had its “hold” rating restated by equities researchers at SunTrust Banks in a report released on Wednesday. They presently have a $20.00 target price on the stock. SunTrust Banks’ price target indicates a potential downside of 6.41% from the company’s current price.

  • [By Shane Hupp]

    Quality Systems (NASDAQ:QSII) shares saw unusually-strong trading volume on Friday following a stronger than expected earnings report. Approximately 2,338,700 shares changed hands during mid-day trading, an increase of 593% from the previous session’s volume of 337,438 shares.The stock last traded at $16.99 and had previously closed at $15.05.

  • [By Dan Caplinger]

    The stock market finished the week on a quiet note, with most major benchmarks closing slightly lower on the day. Investors went into the weekend trying to navigate a series of geopolitical and macroeconomic issues, but many market participants focused on the big plunge in the oil market, where crude prices dropped $3 per barrel to fall below the $68-per-barrel mark. Even with trading activity slow preceding the holiday weekend, good news sent shares of some companies higher. Roku (NASDAQ:ROKU), Shoe Carnival (NASDAQ:SCVL), and Quality Systems (NASDAQ:QSII) were among the best performers on the day. Here's why they did so well.

Top 5 Tech Stocks To Watch Right Now: Ellie Mae, Inc.(ELLI)

Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States.The company provides Encompass, a proprietary software solution that combines loan origination and enterprise management software for mortgage originators into a system, as well as access to investors, lenders, and service providers on the Ellie Mae Network. Its Encompass solutions and services comprise Ellie Mae Total Quality Loan Program that offers fraud detection, valuation, validation, and risk analysis services; Encompass CenterWise, a bundled offering of electronic document management and Websites used for customer relationship management (CRM); Encompass TPO WebCenter that offers a Web-based environment for third-party originator to upload loan files and supporting documentation directly to the Encompass software; Encompass Docs Solution, an integrated initial disclosure and closing document preparation solution; and Encompass Compliance Service to analyze mortgage loan data for compliance with consumer protection laws and institutionally mandated compliance policies. The company's Encompass solutions and services also include Encompass Product and Pricing Service to compare loans offered by lenders and investors to determine mortgage programs available to a borrower; Encompass Flood Service to order and transfer flood zone certifications; Encompass CRM to manage contacts, leads, and marketing campaigns; Encompass Consumer Direct, which allows borrowers to complete loan application online; Encompass 4506-T Service, an integrated income verification solution; Encompass Appraisal Service to order, track, and retrieve appraisal reports; and Encompass Fraud Service to order collateral and non-collateral based fraud risk reports. In addition, it offers research and reference, education, documentation, and data and analytics products under the AllRegs brand. The company was founded in 1997 and is headquartered in Pleasanton, California.

Advisors' Opinion:

  • [By Motley Fool Staff]

    One of the things I've always tried to do with this podcast is save the best for last. It's fun to go back in time and see how things have done, especially when you have a lot of time. Let's talk about Five Stocks to Feed the Bear. Emily, here they are, alphabetically: Carter's (NYSE:CRI), Ellie Mae (NYSE:ELLI), IPG Photonics (NASDAQ:IPGP), MercadoLibre (NASDAQ:MELI), and Planet Fitness. 

  • [By Motley Fool Staff]

    Ellie Mae (NYSE:ELLI) recently agreed to be acquired for $99 per share, and the stock is now trading for almost exactly $99. This may seem like a good reason to sell your shares and move on, but there's more to the story.

  • [By Ethan Ryder]

    Ellie Mae (NYSE:ELLI) was downgraded by analysts at William Blair from an outperform rating to a market perform rating.

    Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Ericsson’s business is exposed to geopolitical uncertainties in its operating countries. The company operates in an extremely competitive environment, which comprises big multinational wireless telecom service providers. It faces competition from new and innovative business models in mobile broadband and Internet services. Moreover, soft mobile broadband demand and challenging macroeconomic conditions in the emerging markets are acting as a deterrent for major investments by telecom behemoths and this may hurt Ericsson’s financial performance going forward. The ongoing industry consolidation among customers and major rivals are posing threat to Ericsson, impacting investments adversely and intensifying price competition. However, the stock has outperformed the industry over the past year on an average. The Swedish firm’s R&D investments over the past two years have secured a competitive and industry-leading offering.”

  • [By Motley Fool Staff]

    Ellie Mae's (NYSE:ELLI) Encompass software is ubiquitous in the mortgage industry, and the company's stock has been owned and recommended by Motley Fool portfolios. But it won't be anymore -- the mortgage industry software provider is going private. Shareholders will get a nice premium compared to the most recent values, though not relative to prices prior to the market's fourth-quarter sell-off.

Top 5 Tech Stocks To Watch Right Now: Apple Inc.(AAPL)

Apple Inc., incorporated on January 3, 1977, designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions and third-party digital content and applications. The Company's segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and the Asian countries not included in the Company's other operating segments. The Company's products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.

The Company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, television APP Store, iBooks Store and Apple Music (collectively Internet Services). The Company sells its products through its retail stores, online stores and direct sales force through third-party cellular network carriers, wholesalers, retailers and value-added resellers. The Company sells a range of third-party Apple compatible products, including application software and accessories through its retail and online stores. The Company sells to consumers, small and mid-sized businesses and education, enterprise and government customers.

iPhone is the Company's line of smartphones based on its iOS operating system. iPhone includes Siri, a voice activated intelligent assistant, and Apple Pay and touch ID on qualifying devices. The Company offers iPhone 7 and 7 Plus, featuring new camera systems, stereo speakers and water and dust resistance. Th! e Company also sells iPhone SE, which has a four-inch Retina display. iPhone works with the iTunes Store, App Store, iBooks Store and Apple Music for purchasing, organizing and playing digital content and applications. iPad is the Company's line of multi-purpose tablets based on its iOS operating system. iPad includes iPad Pro, iPad Air and iPad mini. Mac is the Company's line of desktop and portable personal computers based on its macOS operating system. The Company's desktop computers include iMac, 21.5 inches iMac with Retina 4K display, 27 inches iMac with Retina 5K display, Mac Pro and Mac mini. The Company's portable computers include MacBook, MacBook Air, MacBook Pro and MacBook Pro with Retina display.

Apple TV connects to consumers televisions (TVs) and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos. Content from Apple Music and other media services is also available on Apple TV. Apple TV allows streaming digital content from Mac and Windows personal computers through Home Share and from compatible Mac and iOS devices through AirPlay. The Company's Apple TV runs on its tvOS operating system and is based on applications built for the television. Additionally, the Apple TV remote features Siri, allowing users to search and access content with their voice. Apple Watch is a personal electronic device that combines the watchOS user interface and technologies created specifically for a smaller device, including the Digital Crown, a navigation tool that allows users to seamlessly scroll, zoom and navigate, and force touch, a technology that senses the difference between a tap and a press and allows users to access controls within applications. Apple Watch enables users to communicate in new ways from their wrist, track their health and fitness through activity and workout applications, and includes Siri and Apple Pay. The Company offers Apple Watch Series 2, featuring fitness and health capabilities.

iPo! d is the Company's line of portable digital music and media players, which includes iPod touch, iPod nano and iPod shuffle. All iPods work with iTunes to purchase and synchronize content. iPod touch, based on the Company's iOS operating system, is a flash-memory-based iPod that works with the iTunes Store, App Store and iBooks Store for purchasing and playing digital content and applications. iOS is the Company's multi-touch operating system that serves as the foundation for iOS devices. Devices running iOS are compatible with both Mac and Windows personal computers and Apple iCloud services. The Company offers iOS 10, which introduces the ability for Siri to do more by working with applications, updates messages, includes redesigned maps, photos, Apple music and news applications, and the home applications, which provides a way to manage home automation products in one place.

macOS is the Company's Mac operating system and is built on an open-source uniplexed information and computing system (UNIX) based foundation and provides an intuitive and integrated computer experience. macOS Sierra incorporates Siri and Apple Pay on the Mac, provides continuity and document access across Apple devices and includes the memories feature in photos. watchOS is the Company's operating system for Apple Watch. The Company's watchOS three provides ability to launch applications instantly, navigation with the new Dock and new fitness and health capabilities for Apple Watch, including the Breathe applications designed to promote exercises for relaxation and stress reduction. tvOS is the Company's operating system for Apple TV. The tvOS operating system is based on the Company's iOS platform and enables developers to create applications and games specifically for Apple TV and deliver them to customers through the Apple TV App Store. The tvOS incorporates new Siri capabilities that allow searching across more applications and services.

The Company's applications software includes iLife, iWork and o! ther soft! ware, including Final Cut Pro, Logic Pro X and FileMaker Pro. iLife is the Company's consumer-oriented digital lifestyle software applications suite included with all Mac computers and features iMovie, a digital video editing applications, and GarageBand, a music creation application that allows users to play, record and create music. iWork is the Company's integrated productivity suite included with all Mac computers and is designed to help users create, present and publish documents through Pages, presentations through Keynote and spreadsheets through Numbers. The Company also has multi-touch versions of iLife and iWork applications designed specifically for use on iOS devices, which are available as free downloads for all new iOS devices.

The iTunes Store, available for iOS devices, Mac and Windows personal computers and Apple TV, allows customers to purchase and download music and TV shows, rent or purchase movies and download free podcasts. The App Store, available for iOS devices, allows customers to discover and download applications and purchase in-applications content. The Mac applications Store, available for Mac computers, allows customers to discover, download and install Mac applications. The TV App Store allows customers access to applications and games specifically for the Apple TV. The iBooks Store, available for iOS devices and Mac computers, features e-books from major and independent publishers. Apple Music offers users a listening experience with on-demand radio stations that evolve based on a user's play or download activity and a subscription-based Internet streaming service that also provides access to the applications music library.

iCloud is the Company's cloud service, which stores music, photos, contacts, calendars, mail, documents and more, keeping them up-to-date and available across multiple iOS devices, Mac and Windows personal computers and Apple TV. iCloud services include iCloud Drive, iCloud Photo Library, Family Sharing, Find My iPhone, iPad ! or Mac, F! ind My Friends, Notes, iCloud Keychain and iCloud Backup for iOS devices. AppleCare offers a range of support options for the Company's customers. These include assistance that is built into software products, printed and electronic product manuals, online support including comprehensive product information, technical assistance, the AppleCare Protection Plan (APP) and the AppleCare Protection Plan (AC+). AC+ is a fee-based service offering additional coverage under some circumstances for instances of accidental damage in addition to the services offered by APP and is available in certain countries for iPhone, iPad, AppleCare Watch and iPod. Apple Pay is the Company's mobile payment service available in certain countries that offers a private way to pay.

Apple Pay allows users to pay for purchases in stores accepting contactless payments and to pay for purchases within participating applications on qualifying devices. Apple Pay accepts credit and debit cards across major card networks and also supports reward programs and store-issued credit and debit cards. The Company sells a variety of Apple-branded and third-party Mac-compatible and iOS-compatible accessories, including Apple TV, Apple Watch, Beats products, iPod, headphones, displays, storage devices, and various other connectivity and computing products and supplies. The Company offers AirPods, new wireless headphones that interact with Siri.

Advisors' Opinion:
  • [By Will Ashworth]

    I continue to like Roku as a growth stock with tremendous upside potential.

    Stocks to Buy: Apple (AAPL)

    Source: pio3 / Shutterstock.com

  • [By Bret Kenwell]

    Caesars is forecast to lose about $1.36 a share this year, but earn about $1.25 a share next year. Further, analysts expect roughly 177% revenue growth this year and 16% growth next year. If momentum continues though, next year’s estimates seem conservative. 

    S&P 500 Stocks to Buy: Apple (AAPL) Source: View Apart / Shutterstock.com

    Everyone knows Apple. It’s the largest company in the world, with a market capitalization of roughly $2.5 trillion. Seemingly everyone has an iPhone in their pocket or some other Apple product. 

  • [By ]

    Finally, Cramer said investors can circle back to tech with FAANG, especially Amazon  (AMZN) - Get Report, all of which have been gaining steam after lagging the averages earlier in the year. FAANG is Cramer's acronym for Facebook  (FB) - Get Report, Amazon, Apple  (AAPL) - Get Report, Netflix  (NFLX) - Get Report, and Alphabet  (GOOGL) - Get Report.

  • [By ]

    When looking at the best international stocks, it's hard to not mention STMicroelectronics (STM, $42.33). STM is one of the largest chip manufacturers in Europe whose clients include Apple (AAPL), Tesla (TSLA), HP (HPQ), Samsung and Huawei. 

Top 5 Tech Stocks To Watch Right Now: Interpublic Group of Companies, Inc. (IPG)

The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. It operates through two segments, Integrated Agency Networks and Constituency Management Group. The company offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines. It also provides various diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. The company's brands comprise McCann, MullenLowe, IPG Mediabrands, Carmichael Lynch, Deutsch, Hill Holliday, and The Martin Agency, as well as Foote, Cone & Belding. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.

Advisors' Opinion:

  • [By Joseph Griffin]

    TRADEMARK VIOLATION WARNING: “Northern Trust Corp Boosts Stake in Interpublic Group of Companies Inc (IPG)” was published by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & international trademark and copyright law. The original version of this piece of content can be read at https://www.tickerreport.com/banking-finance/4213616/northern-trust-corp-boosts-stake-in-interpublic-group-of-companies-inc-ipg.html.

  • [By Motley Fool Transcribers]

    Interpublic Group of Companies Inc  (NYSE:IPG)Q4 2018 Earnings Conference CallFeb. 13, 2019, 8:30 a.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

  • [By Shane Hupp]

    Interpublic Group of Companies (NYSE:IPG) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Interpublic is benefitting from higher organic revenue growth. The company's  digital capabilities, diversified business model and geographic reach offer a distinctive competitive advantage. It continues to look for strategic investments and buyouts to expand in high-growth regions and key world markets. Interpublic’s consistent efforts to reward its shareholders with dividend and share repurchases are appreciable. Shares of the company have outperformed its industry in the past year. However, the company’s global presence makes it vulnerable to foreign currency fluctuations. Its cash position is affected by seasonality in business.  Client concentration can be a major hindrance to Interpublic’s business. A debt-laden balance sheet is another concern.”

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Interpublic Group of Companies (IPG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 Tech Stocks To Watch Right Now: DocuSign, Inc.(DOCU)

DocuSign, Inc. provides cloud based software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. It also offers CLM, which automates workflows across the entire agreement process; Insights that use artificial intelligence (AI) to search and analyze agreements by legal concepts and clauses; Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce; Negotiate for Salesforce that supports for approvals, document comparisons, and version control; Analyzer, which helps customers understand what they're signing before they sign it; and CLM+ that provide AI-driven contract lifecycle management. The company provides Guided Forms, which enable complex forms to be filled via an interactive and step-by-step process; Click that supports no-signature-required agreements for standard terms and consents; Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Payments that enables customers to collect signatures and payment; and eNotary, which offers the ability to execute electronic notarial acts. It offers industry-specific cloud offerings, including Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally; Rooms for Mortgage, which offers digital workspace to create and close mortgages; FedRAMP, an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct, partner-assisted, and Web-based sales. It serves enterprise, commercial, and small businesses. The company was incorporated in 2003 and is headquartered in San Francisco, California.

Advisors' Opinion:
  • [By Tezcan Gecgil]

    Exela’s management has been “selling” the narrative that it is en route to modernizing the business model. Digital Mailroom and DrySign offerings have indeed seen significant increases in new users during the second quarter. Yet, it’s questionable whether DrySign can compete against larger companies like Docusign (NASDAQ:DOCU).

  • [By Shane Hupp]

    WARNING: “Docusign Target of Unusually High Options Trading (DOCU)” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this news story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The original version of this news story can be accessed at https://www.tickerreport.com/banking-finance/4224862/docusign-target-of-unusually-high-options-trading-docu.html.

  • [By Daniel Sparks]

    If there's one thing DocuSign (NASDAQ:DOCU) has investors convinced of since it went public last April, it's the company's ability to consistently grow its business at rapid rates. DocuSign's fourth-quarter results reinforced how impressive the e-signature company's momentum is, as robust revenue and customer growth continued. In addition, DocuSign continued to strengthen its ecosystem with partner additions, new features, and user-interface improvements to its platform.

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