Economy Buy 3 small cap tech stocks screaming

Buy 3 small cap tech stocks screaming

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The technology sector has a reputation for absorbing all of the oxygen in the markets – and for good reason. Technology stocks are the first choice in today’s economy, where profitability is based on digital information. The money is right there.

And the numbers show it as far as they can. Only two of the largest technology companies, Apple and Microsoft, generated a whopping 15% of the S&P 500’s total return last year. It was truly an impressive achievement.

For yield-oriented investors, however, the technology giants are not the only game in the city. Small to large cap companies may not cause a stir and headlines, and their share of the broader market may not match that of the giants, but Wall Street analysts say they are tied up.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In this sense we used that TipRanks Stock screener Search the database for smaller technology stocks with unanimous buy ratings and upside potential of more than 20%. Let’s take a closer look at that. “Data-reactid =” 14 “> Against this background, we used the TipRanks stock screener to search the database for smaller tech stocks with unanimous purchase ratings and an upside potential of more than 20%.

<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Harmonic, Inc. (HLIT)“data-reactid =” 15 “>Harmonic, Inc. (HLIT)

The rise of the digital world has brought video content to the fore. From the early days of YouTube to today’s video on demand streaming websites, it’s clear that online content wants to see and hear more than just read. Harmonic lives in the online video ecosystem and offers technology for the development and marketing of video routing, server and storage systems for producers and distributors.

HLIT stock recently declined, losing 15% since the beginning of the year, despite a solid last quarter in 2019. Fourth quarter results were solid and exceeded earnings and revenue estimates. At 12 cents, EPS was 50% better than expected, while sales of $ 122.2 million were 8.1% above forecast. It is the fourth consecutive quarter that HLIT has exceeded expectations. However, the forecast ahead overshadowed the winning streak. The company announced a $ 390-430 million profit for 2020, well below the $ 438.8 million consensus.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Wall Street sees this pullback as a better entry point for the stock. Richard ValeraThe 5-star analyst at Needham wrote: “HLIT has made solid progress in its video business in transitioning to SaaS / OTT, even though it was released under the consensus sales forecast for 2020. Net with a firm, if not improved, strategic position In the CCAP / DAA market with a volume of over USD 1 billion and a conservative benchmark for 2020, we see HLIT shares at the current level as very attractive. “” Data-reactid = “18”> Wall Street sees this retreat as a better entry point for Richard Valera, 5-star analyst at Needham, writes: “HLIT has made solid progress in transitioning to SaaS / OTT in its video business, too if it was released under the consensus sales forecasts for 2020. Due to the non-improved strategic position in the CCAP / DAA market of USD 1 billion and a conservative benchmark for 2020, we see HLIT shares at the current level as very attractive. “

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Valera's $ 10 target implies an upward trend of 50% for the shares and reinforces his buy recommendation. (To see Valera's track record, Click here) “data-reactid =” 19 “> Valera’s $ 10 price target implies a 50% upward trend for stocks and reinforces his buy recommendation. (To see Valera’s track record, Click here)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The shares in Harmonic will be sold for $ 6.67 USD The stock's average price target of $ 9.17 suggests 38.5% upward growth. Strong Buy analysts consensus is based on three recent valuations, all Buys. (See Harmonic Stock Analysis at TipRanks) “data-reactid =” 20 “> Harmonic’s shares sell for $ 6.67 and the average price target for the share of $ 9.17 suggests growth of 38.5%, analysts consensus of Strong Buy is based on three recent purchases reviews (see Harmonic Stock Analysis at TipRanks)

<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "IAC / InterActiveCorp (IAC)“data-reactid =” 29 “>IAC / InterActiveCorp (IAC)

Next up is the largest technology company on today’s list, with a $ 20 billion market cap. InterActiveCorp is a holding company that owns media and internet brands in 100 countries worldwide. IAC’s brands include Match Group – the parent company of Internet dating sites Tinder, OkCupid and Match.com – as well as Vimeo, HomeAdvisor and Investopedia. The company has annual sales in excess of $ 3 billion.

In the past, IAC has often mixed up its range of brands. Last month, the company shut down the CollegeHumor websites while closing a $ 500 million deal to acquire Care.com earlier this month. The acquisition is a new step for IAC as the company’s first step into the family care market, a $ 300 billion market. In a further step of similar importance, IAC will spin off the Match Group brands later this year.

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In the past four reported quarters, IAC has exceeded forecasts three times. The failure came in the last quarter, fourth quarter of 2019. The company reported earnings per share of $ 1.08 and missed the estimates by 8.5% based on sales of $ 1.22 billion. While total sales exceeded expectations by almost 1%, this meant an increase of 11% compared to the previous year.

<p class = "Canvas-Atom Canvas-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Weighing in for Nomura after the profit came in, 4 -star analyst Mark Kelley sees a clear way forward for IAC. He wrote: “The results in IAC’s stub stores were mostly positive. Dotdash continues to deliver strong results … Vimeo was led by a 45% year-over-year growth in corporate offerings that continues to be a clear focus … The emerging companies and expansion into the home care market … will be after the match -Spin, which is expected at the end of the second quarter. “” Data-reactid = “37”> Mark Kelley, a 4-star analyst, sees a clear path for IAC. He wrote: “Results in IAC’s stub businesses have been largely positive. Dotdash continues to deliver strong results. .. Vimeo was led by a 45% year-over-year growth in corporate offerings, which continues to be a clear focus … The emerging businesses and expansion into the home care market … will be after the match spin, which is at the end of the second quarter is expected, the more important. “

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Kelley rates IAC along with a price target of $ 304 Target indicates confidence – and an upward trend of 32% versus the stock. (To see Kelley's track record, Click here) “data-reactid =” 38 “> Kelley rates IAC with a buy rating and a price target of $ 304. His target shows confidence – and an upward trend of 32% for the stock. (To see Kelley’s track record, Click here)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "IAC's unanimous consensus rating for strong buying is based on no less than 13 current buy-side reviews. The stock is currently quoted at $ 230.97 and the average price target of $ 294.50 indicates growth of 28%. (See IAC’s stock analysis at TipRanks) “data-reactid =” 39 “> The unanimous IAC consensus rating for strong buy is based on no less than 13 current buy-side reviews. The stock is currently trading at $ 230.97 and the average price target of $ 294.50 indicates a growth of 28% the upward trend (see IAC’s stock analysis at TipRanks)

<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "PROS Holdings (PROFESSIONAL)“data-reactid =” 48 “>PROS Holdings (PROFESSIONAL)

We end today’s list with PROS Holdings, a business computer software company. PROS offers cloud-based SaaS products for price optimization, sales management and sales effectiveness. The company is headquartered in Houston, Texas and has offices in London, Paris and Sydney. PROS started marketing revenue management systems to the aerospace industry. The company is expected to raise $ 297 million for the current fiscal year.

At the end of 2019, PRO reported a decline in profits and sales. With a net loss of 11 cents per share, EPS was 37% worse than expected. However, sales increased as the company reported $ 66.18 million for the last quarter of the year. That was 3% more than forecast and an impressive profit of 26% compared to the previous year. Analysts expect the results for the first quarter of 2020 to be similar to those for the fourth quarter.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "PRO shares fell when the profit was published as fell 16% after the IPO. Investors were clearly concerned about the decline in earnings. RBC Capital Alex ZukinHowever, this sounds different and underlines the strengths of the company in its review of the stock after earnings. “data-reactid =” 51 “> PRO shares fell with earnings released as the stock fell 16% since the report Investors were clearly concerned about the decline in earnings, but RBC Capital Alex Zukin sounds different and emphasizes the strengths of the company in its review of the stock after profit.

Zukin, a 5-star analyst, said in advance: “PROS reported a record booking quarter, the second of the year, and generated sales that exceeded expectations.” He elaborates on three points regarding PRO’s future prospects To increase optimism: “First, we think that the CRM / CPQ software focus means that there is a clearer buyer of price optimization software. Second, we think a cloud delivery model helps … It also means that the software can be used in smaller deals with faster value creation times. Third, we believe that the digitization of B2B trading is likely to increase the need for dynamic prices in more companies and industries. “

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Zukin's purchase price for the share is $ 75 target price, which suggests a robust upward trend of 47%. (To watch Zukin's track record, Click here.) “data-reactid =” 53 “> Zukin’s buy rating for the stock includes a target price of $ 75, indicating a robust upward trend of 47%. (To watch Zukin’s track record, Click here.)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Overall PROS has 3 current purchase ratings. Valued at $ 35, a bargain for a stock with such high potential, the average price target of $ 71.75 indicates upward growth of 42%. (See PROS stock analysis at TipRanks) “data-reactid =” 54 “> Overall, PROS has 3 recent buy ratings that support its strong buying consensus. The price of shares is $ 51.35, a bargain for a share with such high potential. The average price target of 71, $ 75 shows that there is room for 42% growth upwards (see PROS stock analysis at TipRanks)

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