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Micron, HPE and AMD Rank Among Top Technology Quant Picks

Micron, HPE and AMD Rank Among Top Technology Quant Picks

Photo: TokenPost

Micron Technology, Hewlett Packard Enterprise (HPE) and Advanced Micro Devices (AMD) rank among the top technology stocks with Strong Buy ratings as the sector heads into third-quarter earnings, which are projected to rise 65% from a year earlier. MaxLinear and Netlist also made the list of leading technology stocks. The rankings assess relative measures including valuation, growth, profitability, earnings-per-share revisions and price momentum, along with analyst sentiment. The technology sector of the S&P 500 gained nearly 11.6% in the third quarter, well ahead of the broader index’s roughly 2% advance.

Source: TokenPost

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