Industry Overview - The Zacks Technology Services Industry is currently in the top 26% of over 240 Zacks industries, with several stocks achieving a Zacks Rank 1 (Strong Buy) status [1] Company: Climb Global Solutions (CLMB) - Climb Global Solutions specializes in emerging and disruptive technologies, providing IT distribution and solutions [2] - The company serves value-added resellers, with notable clients including CDW Corporation, a leading provider of integrated IT solutions [3] - Climb Global Solutions has demonstrated strong operating efficiency, making it one of the stock market's top performers, trading at a forward earnings multiple of 21.2X [3] Company: Dave Inc (DAVE) - Dave Inc operates a growing fintech platform, gaining popularity with its flagship 0% interest loan service called ExtraCash, which allows users to access small cash advances without interest [4] - The company is forecasted to experience double-digit growth in both top and bottom lines for fiscal 2025 and FY26, with EPS estimates increasing significantly over the last 60 days [5] - Since going public in 2022 through a SPAC, DAVE has rebounded and increased over 1,000% in the last two years, currently trading at 12.5X forward earnings and approaching an optimal level of less than 2X forward sales [7] Investment Outlook - Climb Global Solutions and Dave Inc are highlighted as appealing technology services companies for investment, particularly as potential buy-the-dip targets amid recent market volatility [9]
2 Highly Ranked Technology Services Stocks to Consider: CLMB, DAVE