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3 Stocks to Buy From the Booming Technology Services Market
ZACKS· 2025-05-16 16:56
Industry Overview - The Technology Services industry has experienced strong growth post-pandemic, driven by the rapid adoption of remote work and advancements in technology such as 5G, blockchain, AI, and ML [1][6] - The industry includes companies involved in software support, data processing, computing hardware, and communications equipment, serving both consumer and business markets [3] Economic Factors - The industry is benefiting from a recovering economy, with GDP growth projected at an annual rate of 2.8% in 2024, up from 2.5% in 2023 [5] - The Services PMI has remained above 50% for 56 out of the last 59 months, indicating healthy economic activity [5] Technological Advancements - The global shift towards digitization is creating opportunities in markets such as 5G, blockchain, and AI, with generative AI expected to grow at a 42% CAGR over the next decade, reaching a $1.3 trillion market by 2032 [6] Industry Performance - The Zacks Technology Services industry ranks 49, placing it in the top 20% of over 246 Zacks industries, indicating a promising outlook [7] - Over the past year, the industry has outperformed the broader Zacks Business Services sector and the S&P 500, returning 42.1% compared to 12% and 12.4% respectively [9] Valuation Metrics - The industry is currently trading at an EV-to-EBITDA ratio of 31.02X, significantly higher than the S&P 500's 16.6X and the sector's 12.03X [12] Company Highlights - **AppLovin Corporation (APP)**: Focuses on a software platform for advertisers, enhancing machine-learning models and AI integration. The company has a Zacks Rank 1 and is expected to see earnings rise 85.2% year over year in 2025, with shares up 340.5% in the past year [20][18][19] - **Priority Technology Holdings (PRTH)**: Operates a platform for financial operations, showing strong growth despite economic challenges. PRTH also holds a Zacks Rank 1, with earnings expected to rise over 100% year over year in 2025, and shares up 116.8% in the past year [24][23] - **Qifu Technology (QFIN)**: A China-based credit tech company improving user acquisition and integrating AI for better credit data analysis. QFIN has a Zacks Rank 1, with earnings expected to rise 22.4% year over year in 2025, and shares up 113.7% in the past year [29][27]
Fast-paced Momentum Stock WidePoint (WYY) Is Still Trading at a Bargain
ZACKS· 2025-05-16 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," rather than traditional strategies of buying low and waiting for recovery [1][2] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks can lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Company Spotlight - WidePoint (WYY) - WidePoint (WYY) has shown significant recent price momentum, with a four-week price change of 84.7%, indicating growing investor interest [4] - Over the past 12 weeks, WYY's stock has gained 32.5%, and it has a beta of 1.81, suggesting it moves 81% more than the market in either direction [5] - WYY has a Momentum Score of B, indicating a favorable time to invest based on its momentum characteristics [6] Group 3: Earnings and Valuation - WYY has received a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investor interest [7] - The stock is currently trading at a Price-to-Sales ratio of 0.36, suggesting it is undervalued, as investors pay only 36 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides WYY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stocks based on various investing styles [9]
MicroCloud Hologram Inc. Develops Neural Network-Based Quantum-Assisted Unsupervised Data Clustering Technology
Globenewswire· 2025-05-16 13:00
SHENZHEN, China, May 16, 2025 (GLOBE NEWSWIRE) -- MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the "Company"), a technology service provider, announced the development of a neural network-based quantum-assisted unsupervised data clustering technology, utilizing a hybrid quantum-classical algorithm framework. This framework integrates the classical self-organizing feature map (SOM) neural network with the powerful capabilities of quantum computing, enabling efficient data clustering in an unsupervised ...
MicroCloud Hologram Inc. Develops Neural Network-Based Quantum-Assisted Unsupervised Data Clustering Technology
GlobeNewswire News Room· 2025-05-16 13:00
Core Viewpoint - MicroCloud Hologram Inc. has developed a neural network-based quantum-assisted unsupervised data clustering technology that integrates classical self-organizing feature map (SOM) neural networks with quantum computing capabilities, enhancing data clustering efficiency in an unsupervised manner [1][4][11] Group 1: Technology Overview - The Self-Organizing Feature Map (SOM) is an unsupervised learning model used for data clustering, dimensionality reduction, and data visualization, mapping high-dimensional data to a low-dimensional space [2] - Traditional SOM algorithms face challenges in computational complexity and storage when handling massive datasets [3] - The Quantum-Assisted Self-Organizing Feature Map (Q-SOM) model leverages quantum computing to accelerate weight adjustment and data mapping processes, allowing for faster processing of larger datasets [4][5] Group 2: Advantages of Quantum-Assisted Technology - Quantum computing enhances computational efficiency through parallel processing, significantly reducing time costs associated with clustering computations, especially for large-scale data [7] - The quantum-assisted algorithm can handle higher-dimensional data more effectively, reducing complexity in high-dimensional computations [8] - Compared to classical methods, quantum computing offers higher accuracy and stability in solving nonlinear and complex problems, avoiding local optima issues [9] Group 3: Applications and Future Potential - The technology is applicable not only for data clustering but also in fields such as image processing, natural language processing, and financial data analysis, with potential for broader industry applications as quantum technology advances [10][12] - The integration of quantum computing and machine learning is expected to transform data processing methods across various industries, particularly in big data, artificial intelligence, and financial technology [11][12] - Continuous development in quantum computing is anticipated to unlock new potential in fields requiring high computational speed and precision, such as drug discovery and climate change prediction [12][13]
Buy 5 Mid and Small Tech Services Stocks Amid Solid Short-Term Upside
ZACKS· 2025-05-16 12:51
Industry Overview - The technology services industry is mature with strong demand for services, and revenues, income, and cash flows are expected to gradually return to pre-pandemic levels, supporting stable dividends for most players [1] - The industry thrived in 2024 and continued its momentum into the first quarter of 2025 [1] - The global shift towards digitization is creating opportunities in markets such as 5G, blockchain, and artificial intelligence (AI), with companies rapidly adopting generative AI, machine learning (ML), and data science to gain competitive advantages [4] Investment Outlook - The Zacks-defined Technology Services industry ranks within the top 26% of Zacks Ranked Industries, indicating an expectation to outperform the market over the next three to six months [2] - Five mid and small-sized technology services stocks with strong short-term upside potential are recommended: Byrna Technologies Inc. (BYRN), Climb Global Solutions Inc. (CLMB), Adeia Inc. (ADEA), Priority Technology Holdings Inc. (PRTH), and Ivanhoe Electric Inc. (IE) [2][3] Company Highlights Byrna Technologies Inc. (BYRN) - Engaged in developing and selling less-lethal personal security solutions across multiple regions [6] - Average short-term price target indicates a potential increase of 48.6% from the last closing price of $25.53, with a target range of $33-$38 [8] - Expected revenue and earnings growth rates for the current year are 30.2% and 12.9%, respectively [9] Climb Global Solutions Inc. (CLMB) - Operates as a value-added IT distribution and solutions company [10] - Average short-term price target suggests a potential increase of 26.2% from the last closing price of $110.28, with a target range of $136 [13] - Expected revenue and earnings growth rates for the current year are 5% and 2.7%, respectively [14] Adeia Inc. (ADEA) - Operates as a media and semiconductor intellectual property licensing company [16] - Average short-term price target indicates a potential increase of 25.2% from the last closing price of $13.75, with a target range of $17-$18 [18] - Expected revenue and earnings growth rates for the current year are 9.2% and 7.1%, respectively [18] Priority Technology Holdings Inc. (PRTH) - Functions as a payment technology company with multiple segments [20] - Average short-term price target suggests a potential increase of 71.6% from the last closing price of $7.46, with a target range of $10-$16 [24] - Expected revenue and earnings growth rates for the current year are 11.4% and over 100%, respectively [25] Ivanhoe Electric Inc. (IE) - Focuses on minerals exploration and development, particularly for electrification [27] - Average short-term price target indicates a potential increase of 105.9% from the last closing price of $6.85, with a target range of $10-$20 [28] - Expected revenue and earnings growth rates for the current year are 2.6% and 51.4%, respectively [28]
担当重要“买手”,多家理财公司发声支持科创债
Hua Xia Shi Bao· 2025-05-16 08:28
华夏时报(www.chinatimes.net.cn)记者 卢梦雪 北京报道 支持科创债,银行理财也在积极贡献市场力量。 随着科创债发行迎来热潮,近日,中银理财、农银理财、工银理财陆续发声积极投资科创债,通过提高科创债在 资产组合中的占比、重点布局优质科技成长领域标的、发行科技金融主题产品、对科技型企业进行股权投资等方 式,银行理财正通过自己的力量支持科创市场。 相关业内人士在分析中提到,相较普通信用债,银行理财投资科创债还能让投资人有机会分享科技型企业成长红 利或募集资金投资收益,这可能会成为科创债与普通信用债在估值方面的重要差异点。 理财公司加大科创债支持力度 中银理财也在5月9日参与了市场首批科技创新债券发行。中银理财披露显示,截至目前,该机构已支持吉利控 股、新微科技、兴业银行等民营企业、地方国企及大型金融机构等多家主体的科创融资,参与品种涉及公司债、 商业银行债等多种工具。 "一直以来,中银理财都将科技创新作为资产配置重点。"中银理财表示,该机构优先配置高端装备等硬科技领域 债券,同时,全方位布局指数型跟踪策略的含权理财产品,为科技型企业提供更灵活的融资支持。"十四五"期 间,中银理财对科技企业累计 ...
Airship AI Holdings, Inc. (AISP) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-15 22:46
Airship AI Holdings, Inc. (AISP) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.10, delivering a surprise of -25%.Over the last four quarters, the company has ...
Duos Technologies Group, Inc. (DUOT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-15 22:36
Financial Performance - Duos Technologies Group, Inc. reported a quarterly loss of $0.18 per share, which aligns with the Zacks Consensus Estimate, an improvement from a loss of $0.38 per share a year ago [1] - The company posted revenues of $4.95 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 15.16%, compared to revenues of $1.07 million in the same quarter last year [2] - The current consensus EPS estimate for the upcoming quarter is -$0.17 on revenues of $5.65 million, and for the current fiscal year, it is -$0.38 on revenues of $28.3 million [7] Market Performance - Duos Technologies Group, Inc. shares have increased approximately 21.2% since the beginning of the year, significantly outperforming the S&P 500, which gained only 0.2% [3] - The company has surpassed consensus revenue estimates three times over the last four quarters, indicating a positive trend in revenue performance [2] Earnings Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The estimate revisions trend for Duos Technologies Group, Inc. is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the shares are expected to perform in line with the market in the near future [6] Industry Context - The Technology Services industry, to which Duos Technologies Group, Inc. belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable industry outlook [8]
ePlus Announces Fourth Quarter and Fiscal Year 2025 Earnings Release Date and Conference Call
Prnewswire· 2025-05-15 20:30
Core Viewpoint - ePlus inc. will release its financial results for the three months and fiscal year ended March 31, 2025, on May 22, 2025, followed by a conference call to discuss the results [1] Group 1: Financial Results Announcement - The earnings release will occur after market close on May 22, 2025 [1] - A conference call and audio webcast will be held at 4:30 p.m. ET on the same day [1] - The call will be accessible via a toll-free number for domestic and international participants, with an archived version available for replay [1] Group 2: Company Overview - ePlus is a customer-first, services-led industry leader providing transformative technology solutions and services [2] - The company offers a comprehensive portfolio including artificial intelligence, security, cloud and data center, networking, and managed services [2] - ePlus has over 2,200 employees and a presence in the United States, United Kingdom, Europe, and Asia-Pacific [2]
Jacobs Selected to Lead Delivery of Marinus Link Energy Project
ZACKS· 2025-05-15 15:31
Core Insights - Jacobs Solutions Inc. has been appointed as the Integrated Delivery Partner for the Marinus Link project, which will enhance electricity and telecommunications transmission between Tasmania and Victoria [1][2] - The Marinus Link project has a capacity of 1500 megawatts, supplying power to 1.5 million homes and is expected to create 3,300 jobs while generating $3.9 billion in economic growth [2][4] - Jacobs will manage the first 750-megawatt stage, overseeing technical engineering and construction packages [3][4] Project Details - The Marinus Link project spans approximately 345 kilometers using undersea and underground HVDC cables [1] - The project aims to improve energy reliability, support renewable energy use, and enhance the National Electricity Market [1][2] - It is classified as urgent in the Australian Energy Market Operator's optimal plan for the national grid and is included in the Australian Government's National Renewable Energy Priority List [5] Jacobs' Broader Involvement - Jacobs is also engaged in major energy infrastructure projects globally, including Suedlink in Europe and Xcel Energy's transmission program in the U.S. [6] - The company's backlog reached $22.16 billion at the end of the second quarter of fiscal 2025, reflecting a 20% increase year-over-year [8] - Jacobs' project execution efficiency has led to increased demand for its consulting services across various sectors [7][8] Market Performance - Jacobs' stock has decreased by 5.2% year to date, contrasting with the 6.7% growth of the Zacks Technology Services industry [10] - Despite market uncertainties, Jacobs is expected to benefit from trends in infrastructure modernization, energy transition, and national security [10]