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We’re going in for 10 months in a year that has replaced the global as we know it and shaken up the inventory market.
Pharmaceutical stocks are hot, driven by the search for a new coronavirus vaccine, electric car stocks recorded profits, while airlines and cruise lines have noticed an increase in their inventories.
Technology appeared to be an investment sector, until early September, when a massive sale affected many generation stocks. So what stocks to buy right now?
While the sale of technology stocks in September would possibly be a source of fear for some, there is a way to see it: a problem of transitoryness and a buying opportunity.
Of course, Apple gets an “A” score in Portfolio Grader. It’s a giant of the generation and the first U. S. company to go. But it’s not the first time In a $2 trillion valuation. He took this impressive step just two years after being the first to succeed at the $1 trillion level. This type of inventory market functionality is unknown in a company as giant and established as Apple.
Now trading at $114, AAPL has dropped by approximately 15% since the top end of September 1. It’s a reduction that makes AAPL inventory very tempting. Especially that the first occasion of corporate calfinishar, the one everyone expected: the launch of the iPhone 12 5G: it is expected in a few weeks.
AudioCodes is the action of another generation in this list that gets the “A” rating from Portfolio Grader. The company describes itself as “one of the main media processing responses and complex voice networks for the virtual workplace. “
In the first quarter, AudioCodes named the fastest-developing corporate SBC provider, with SBC being the generation used to protect voice communications over the Internet. In this quarter, corporate profit estimates exceeded profit estimates with an annual gain of 8. 13% while earnings consistent with a consistent percentage of $0. 32 increased by more than 45% year-on-year. All the symptoms suggest that the tendency to run from home is sustainable, which is good news for corporations like AudioCodes.
AUDC’s actions were badly affected in September. It fell from a record close of $44. 76 at the end of July to $28. 79 on September 4. The AUDC has slowed since then, but is still trading at just over $32, a significant reduction.
Good news for Apple and AAPL stocks. But when it comes to stocks to buy beyond 5G adoption, Qualcomm won’t.
Qualcomm is only the 5G modem provider for the new iPhone 12, the company’s Snapdragon 5G cellular platforms also force many of the best-selling Android smartphones as well as 5G-enabled devices such as tablets and laptops.
Since the agreement on its long legal dispute with Apple last April, which fits with the iPhone modem provider over the next six years, QCOM’s inventory has increased by more than 100%. Despite the many demanding situations in 2020, its price has increased by almost 3rd this year.
5G will be a must-have feature for smartphones and connected devices, and QCOM inventory is a forged selection to take advantage of increased 5G adoption by customers.
Cognizant Technology Solutions felt slightly the effects of the September market settlement. TSH shares have recently been traded at about the same value as September 1, enough for a generation stock. Again, this “B rating” action through Portfolio Grader is not just any technological action. .
Cognizant, ranked 194th on the Fortune 500, is a multinational provider of virtual and IT services, which also specializes in medical devices.
Cognizant has a long-term expansion strategy with competitive acquisitions, IT and virtual healthcare corporations around the world. So far, by 2020, it has recorded six cloud-based acquisitions. The last (announced September 1) was of tenth magnitude, adding to Cognizant’s Cloud Computing presence.
Among corporations wishing to temporarily move to the cloud and focus on patients’ ability to monitor their condition in an era of limited access to the doctor and hospital, the pandemic has joined Cognizant’s many strengths, accelerating CTSH recovery since March. (up to 66% from March 23).
If you need a generation inventory that is positioned for continuous expansion, especially in situations caused by the coronavirus pandemic, CTSH is one of the inventories you must purchase to take advantage of the situation.
In its recent highest quarter, earnings in two segments were severely affected, contributing to an overall annual decline of 9% in revenue. Garmin’s aeronautical business fell by 31% year-on-year, while its automotive business declined by 46%. This makes sense, given the demanding situations faced by these two sectors in 2020, they will recover, so don’t worry too much about casualties.
However, fitness, Garmin’s largest segment, recorded a 17% profit expansion, which would be a ray of hope in the pandemic cloud.
The global physical activity tracker market is expected to continue to grow at an immediate pace, reaching nearly $92 billion until 2027. Apple and its Apple Watch have a giant component of this market, but Garmin is also a player. In terms of smartwatch sales, Garmin is the third largest supplier in the world and in the first quarter surpassed all others (including Apple) in terms of year-over-year growth.
Lately, GRMN inventory has a “B” score on my portfolio classifier. Over the past five years, GRMN inventories have gained a value of 166%. Despite some demanding situations in 2020, I hope that this inventory will continue to generate long-term growth.
Massachusetts-based Pegasystems has been on a five-year forged expansion trajectory and is reaching a $10 billion valuation. As of September, peGA’s “classified B” inventory has gained 48% this year.
And I think it still has advantages. Pegasystems develops visitor appointment responses and business procedure automation. Its Artificial Intelligence-driven Pega Customer Decision Hub is making waves through synthetic intelligence to increase visitor engagement, helping corporations identify and direct unattended visitors.
This is precisely the kind of innovation that corporations will seek in the tightening of economic conditions. This puts PEGA in the company with shares to buy as corporations turn to their existing consumers for more revenue.
Finally, take a look at SS technologies
SSNC inventory is still in red numbers by 2020, but not by much; he had a sharp fall in March, and the fall in September took him just below his closing level on January 1. The inventory also had a tumultuous 2018 and 2019, but the long-term trajectory of inventory has been increasing since the beginning of 2016, this represents a gain of 112%, given those performances, the low existing value of SSNC makes it attractive.
At the time of publication, Louis Navellier had a long position at AUDC. Louis Navellier had (neither directly nor indirectly) any other position in the values discussed in this article. no position on the values discussed in this article.
The 7-stock generation item to buy for October opportunities after the September sale gave the first impression on InvestorPlace.