Are you thinking of investing in the tech sector? Then, make sure you go for the best tech companies with high investment ratings. Here are the top rated stocks based on quantitative stock-rating tools:
Amdocs Limited (DOX)
This company delivers software and related services for the media, communications and entertainment sectors around the world. Based on the convergence of positive investment measures, this stock outperforms others with its strengths, such as solid stock price performance, revenue growth, good operational cash flow, reasonable valuation levels and growth in earnings per share. Its market cap is $9 billion, with year-to-date return of 25.59%.
Total System Services, Inc. (TSS)
TSS offers electronic payment processing services to financial institutions and banks in the US, Canada, Mexico, Europe and other countries. Its strengths are seen in several aspects, such as revenue growth, solid stock price performance, largely solid financial position, good operational cash flow and impressive record of earnings per share growth. Its market cap is $8.7 billion, with year-to-date return of 39.63%.
Global Payments Inc. (GPN)
This company specializes in payment solutions for credit and debit cards, check-related services and electronic payments, operating in two segments—International Merchant Services and North America Merchant Services. Its revenue growth was higher than the industry average of 21.5%, with a slight increase of 4.8% since the same quarter in the previous year that helped boost its earnings per share. Its market cap is $8.5 billion, with year-to-date return of 60.78%.
SS&C Technologies Holdings, Inc. (SSNC)
SSNC provides software products and software-enabled services to providers of financial services in North America, Australia, Europe, Asia and Africa. Its strengths are seen in its solid financial position, revenue growth, good operational cash flow, growing profit margins and solid stock price performance. It has improved its earnings per share by 41.9% in the most recent quarter compared with the same quarter the previous year. Its market cap is $7.1 billion, with year-to-date return of 22.98%.
Broadridge Financial Solutions, Inc. (BR)
This company provides technology-driven solutions and investor communications for the financial services industry in the US, Canada, the UK and other countries. It also had a revenue growth that is higher than the industry average in the most recent quarter, with a slight increase of 4.9% that helped boost its earnings per share.
Now, when it is time to go on with your decision to invest in tech stocks, you should start with the top options listed above.