Top 10 Tech Stocks To Own For 2023


What happened

Polkadot (CRYPTO:DOT) tokens rose all the way to $38.51 on Tuesday morning, marking a 12.8% jump from the lowest prices of Monday afternoon. The blockchain protocol, designed to connect various blockchains and other asset types to form the basis of new applications and services, is gearing up for an important technical update at the end of 2021. Investors are getting excited about that event.

So what

The Polkadot network you see today is actually not the final production-grade version but a so-called “canary” system that’s meant to suss out technical issues before the final product goes live. Well, that launch is scheduled to take place before the end of the year, when developers have approved the final technical design and completed auctions for the first handful of feature-complete Polkadot chains.

Image source: Getty Images.

Top 10 Tech Stocks To Own For 2023: Exela Technologies, Inc.(XELA)


Exela Technologies, Inc. provides transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. The company operates through three segments: Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal & Loss Prevention Services (LLPS). The ITPS segment provides lending solutions for mortgages and auto loans; banking solutions for clearing, anti-money laundering, sanctions, and interbank cross-border settlement; property and casualty insurance solutions for origination, enrollments, claims processing, and benefits administration communications; and public sector solutions for income tax processing, benefits administration, and records management. It also offers solutions for payment processing and reconciliation, integrated receivable and payables management, document logistics and location services, records management, and electronic storage of data/documents; and software, hardware, professional services, and maintenance related to information and transaction processing automation. The HS segment provides revenue cycle solutions, integrated accounts payable and accounts receivable, and information management for healthcare payer and provider markets. The LLPS segment processes legal claims for class action and mass action settlement administrations, involving project management support, notification, and outreach to claimants; and collects, analyzes, and distributes settlement funds. It also offers data and analytical services in the area of litigation consulting, economic and statistical analysis, expert witness services, and revenue recovery services for delinquent accounts receivable. The company is headquartered in Irving, Texas.


Advisors’ Opinion:

  • [By Muslim Farooque]

    It appears the acquisition of U.K.-based Sahara Presentation Systems has been somewhat of a gamechanger for BOXL stock. It expects its third-quarter revenue to come in at $60 million, a considerable increase compared to Q2.

    Penny Stocks: Exela Technologies (XELA)
    Source: Shutterstock

    Exela Technologies offers business process automation services to customers around the world. Its diversified software solutions enable clients to execute their digital transformation strategies effectively.

  • [By Faizan Farooque]

    Exela Technologies (NASDAQ:XELA) is a Texas-based global business process automation company that came into being after a 2017 tie-up of three companies. Although the company is debt-laden, XELA stock is up an astounding 49% in the last three months. Investors are therefore sitting up and taking notice.

Top 10 Tech Stocks To Own For 2023: Lantronix, Inc.(LTRX)

Lantronix, Inc., incorporated on May 24, 2000, designs, develops, markets and sells networking and communications products with a focus on the convergence of mobility with machine-to-machine (M2M) systems. The Company provides solutions that enable machines, devices and sensors to be securely accessed, managed and controlled. The Company’s solutions are designed for its customers to participate in the Internet of Things (IoT) market. The Company provides a portfolio of products intended for electronic devices or machines.


The Company’s products are typically used by enterprise and commercial businesses, government institutions, telecommunication and utility companies, financial institutions, and individual consumers. The Company conducts its business globally and manages its sales teams by geography, according to four regions: the Americas; Europe, Middle East, and Africa (EMEA); Asia Pacific, and Japan. The Company has organized its solutions into two product lines based on how they are marketed, sold and deployed: OEM Modules and Enterprise Solutions.

OEM Modules


OEM Modules are electronic products that serve as building blocks embedded inside electronic systems and equipment. The Company’s OEM Modules product line includes wired and wireless products that are designed to for electronic systems and equipment by providing network connectivity, application hosting, protocol conversion and other functions. The products are offered with a software suite. Among others, product families included in the Company’s OEM Module product line are MatchPort, PremiereWave EN, WiPort, xPico, xPico Wi-Fi and xPort.

Enterprise Solutions


The Company’s Enterprise Solutions are electronic products that are typically connected to one or more existing pieces of electronic equipment to provide additional connectivity or functionality. The Enterprise Solutions are designed for machines and other devices through network connectivity, routing, switching, application hosting, remote management, telemetry, telematics, printing, protocol conversion and other functions. The Company’s Enterprise Solutions includes products such as wired and wireless device servers, I/O servers, terminal servers, console servers, print servers, remote keyboard video mouse (KVM), management, power management and software management platforms. Among others, product families included in the Company’s Enterprise Solutions product line are EDS, PremierWave XC, PremierWave XN, SLB, SLC, SLP, Spider, UDS, xDirect, xPress, xPrintServer, and xSenso.


Advisors’ Opinion:

  • [By Joseph Griffin]

    Lantronix (NASDAQ:LTRX) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.

  • [By Joseph Griffin]

    Lantronix Inc (NASDAQ:LTRX)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $4.03 and last traded at $3.90, with a volume of 768 shares trading hands. The stock had previously closed at $3.85.

Top 10 Tech Stocks To Own For 2023: 12 RETECH CORPORATION(RETC)


12 ReTech Corporation, together with its subsidiaries, develops, installs, and sells software for shoppers and retailers in the United States. Its platform includes 12Mirror, an in-store application, which recognizes clothes worn by a person in reflection and takes pictures that are downloadable by the user and sharable via social media; 12Kiosk, an in-store application, used for browsing and obtaining information about consumers and products, as well as placing orders and checking out; 12Mobile, a mobile app, used for browse products, place orders, and share products with other members and make new friends; and 12Desktop, an e-commerce website that can be developed upon request. The company also operates retail stores in airport terminals and casinos under the Bluwire brand; sells fashionable apparel under the Rune NYC, Social Sunday, and Red Wire Design brands; and produces women's clothing products. 12 ReTech Corporation is based in Phoenix, Arizona.


Advisors’ Opinion:

  • [By ]

    12 ReTech (OTCMKTS:RETC) and RumbleON (NASDAQ:RMBL) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability and institutional ownership.

Top 10 Tech Stocks To Own For 2023: Intuit Inc.(INTU)

Intuit Inc. provides business and financial management solutions for small businesses, consumers, and accounting professionals primarily in the United States, Canada, the United Kingdom, Australia, India, and Singapore. The company’s Small Business segment provides QuickBooks financial and business management online services and desktop software; QuickBooks technical support services; financial supplies; and QuickBooks Accountant, QuickBooks Accountant Plus, and QuickBooks Online Accountant, as well as the QuickBooks ProAdvisor Program for the accounting professionals. This segment also offers small business payroll products and services, including online payroll offerings, such as Quickbooks Online Payroll and Intuit Online Payroll; desktop payroll offerings comprising QuickBooks Basic Payroll and QuickBooks Enhanced Payroll; and full service payroll offerings, such as Intuit Full Service Payroll and QuickBooks Assisted Payroll. In addition, it provides merchant services, including credit and debit card processing; Web-based transaction processing services for online merchants; online payment services; GoPayment mobile payment processing services; and QuickBooks point of sale solutions. Its Consumer segment provides TurboTax income tax preparation products and services; and electronic tax filing services. The company’s Professional Tax segment offers Lacerte, ProSeries, ProFile, and Intuit Tax Online professional tax products and services; and electronic tax filing services, bank product transmission services, and training services. The company sells its products and services through various sales and distribution channels, including Websites, promotions, call centers, retail locations, and online mobile application stores, as well as through alliance partners, such as banks, credit unions, and other financial institutions. Intuit Inc. was founded in 1983 and is headquartered in Mountain View, California.


Advisors’ Opinion:

  • [By Joseph Griffin]

    ILLEGAL ACTIVITY WARNING: “Insider Selling: Cadence Design Systems Inc (CDNS) Insider Sells 5,084 Shares of Stock” was originally published by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another domain, it was illegally stolen and republished in violation of international copyright legislation. The correct version of this report can be read at www.tickerreport.com/banking-finance/4202056/insider-selling-cadence-design-systems-inc-cdns-insider-sells-5084-shares-of-stock.html.

  • [By John Rotonti]

    Rotonti: Cadence Design Systems (NASDAQ:CDNS) is a company I’ve been researching, and it’s currently one of my high-conviction ideas. I like the company because it has a long-term focused CEO who owns about $100 million in company stock. Cadence also has net cash of $88 million, organic growth driven by the long-term trend toward digitization, improving return on assets (ROA) and return on invested capital (ROIC), and massive free cash flows (FCF) with a five-year average FCF/net income of 1.72 and average FCF margins of 21%. According to S&P Global, in 2018 Cadence generated a ROIC of 15% and used an appropriate amount of debt, which helped boost returns on equity (ROE) to 30%. Importantly, it has a culture of investing in R&D which has led to 20 new product releases in only the last three years. Is there anything else Parnassus likes about Cadence that I’m missing, and can you briefly describe what Parnassus likes from an ESG perspective?

  • [By Lee Jackson]

    This company has remained very resilient, and shares have surged since the December low. Cadence Design System Inc. (NASDAQ: CDNS) engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware and intellectual property, commonly referred to as verification IP and design IP.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Cadence Design Systems (CDNS)


    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Tech Stocks To Own For 2023: MINDBODY, Inc.(MB)

Mediobanca Banca di Credito Finanziario SpA is an Italy-based bank. Together with its subsidiaries, the Company’s activities are divided into three main segments: Corporate and Investment Banking (CIB), Principal Investing (PI) and Retail and Private Banking (RPB). In the CIB segment, the Bank is engaged in the investment banking activities, leasing services and trading investments. The PI segment comprises the Bank’s shareholdings in companies involved in the insurance sector, multimedia publishing activities and telecommunication services, as well as stakes acquired as part of merchant banking activity and investments in private equity funds. The RPB consists of financial products and services provided to retail customers, including consumer credit products, mortgages, deposit accounts, private banking and fiduciary activities. In September 2013, the Company launched the sale of its investment in Telco. In June 2014, the Company directly allocated 1.6% stake in Telecom Italia. Advisors’ Opinion:

  • [By Stephan Byrd]

    MINDBODY (NASDAQ:MB) was downgraded by stock analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Thursday.

  • [By Stephan Byrd]

    DXC Technology (NYSE:DXC) and MINDBODY (NASDAQ:MB) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, earnings, dividends, risk, institutional ownership, profitability and valuation.

Top 10 Tech Stocks To Own For 2023: The Descartes Systems Group Inc.(DSGX)


The Descartes Systems Group Inc. (Descartes), incorporated on February 1, 2012, is a global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. The Company’s network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management, and warehouse operations. Its pricing model allows its customers to purchase its solutions either on a perpetual license, subscription or transactional basis.


The Company’s primary focus is on serving transportation providers (air, ocean and truck modes), logistics service providers (including third-party logistics providers, freight forwarders and customs brokers) and distribution-intensive companies. It operates in the United States, Europe, Middle-East and Africa, Canada and Asia Pacific. It caters to various industries, including transportation and logistics, manufacturing, retail, distribution, business services and public sector. The Company’s solutions include Logistics Technology Platform that fuses the Descartes Global Logistics Network (Descartes GLN); customs and regulatory compliance; routing, mobile and telematics; global logistics network services; transportation management, and broker and forwarder enterprise systems. The Logistics Technology Platform leverages the multimodal logistics community to enable companies to connect and collaborate.


The Descartes Global Logistics Network, as the foundation of the Logistics Technology Platform, manages the flow of data and documents that track and control inventory, assets and people in motion. Descartes’ Logistics Application Suite offers an array of modular, cloud-based, interoperable Web and wireless logistics management applications. Descartes’ Customs and Regulatory Compliance solutions help to bridge the information gap between trading partners and regulatory authorities to enable cargo security screening, customs declaration filings and compliance across multiple regulatory requirements and industry-sponsored initiatives affecting international transportation. Descartes’ Routing, Mobile and Telematics suite supports the full, closed-loop process associated with route planning, route execution, driver and vehicle performance. This single-integrated platform helps deliver operations by uniting optimized route planning, dispatching and global positioning system (GPS) tracking, mobile applications, vehicle telematics, fleet/driver, compliance and performance analytics.


The Descartes GLN manages data semantics, message delivery, and transformation of data pertaining to regional or global operations and the ability to work across wired and wireless technologies. Descartes Global Logistics Network Services include Document Management Services, Community Services and Connectivity Services. Descartes’ Transportation Management solution capabilities include Carrier Compliance & Rate Management, Transportation Planning and Execution, Dock Scheduling and Yard Management, Freight Audit and Settlement, Visibility, Tracking and Performance Management, and Logistics Flow Control. Descartes’ on-demand Broker and Forwarder Enterprise Systems solutions include Forwarder Back Office, and Brokerage and Declaration Services.


Advisors’ Opinion:

  • [By Logan Wallace]

    Descartes Systems Group Inc (NASDAQ:DSGX) (TSE:DSG) – Research analysts at William Blair upped their Q1 2020 earnings estimates for Descartes Systems Group in a report issued on Thursday, March 7th. William Blair analyst M. Pfau now expects that the technology company will post earnings of $0.15 per share for the quarter, up from their previous forecast of $0.13. William Blair also issued estimates for Descartes Systems Group’s Q2 2020 earnings at $0.16 EPS, Q3 2020 earnings at $0.17 EPS, Q4 2020 earnings at $0.17 EPS, FY2020 earnings at $0.65 EPS, Q1 2021 earnings at $0.18 EPS, Q2 2021 earnings at $0.18 EPS, Q3 2021 earnings at $0.18 EPS, Q4 2021 earnings at $0.20 EPS and FY2021 earnings at $0.75 EPS.

  • [By Motley Fool Transcribing]

    Descartes Systems Group (NASDAQ:DSGX) Q4 2019 Earnings Conference CallMarch 6, 2019 5:00 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Logan Wallace]

    Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last issued its earnings results on Wednesday, November 28th. The technology company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.02). Descartes Systems Group had a return on equity of 5.88% and a net margin of 11.24%. The business had revenue of $70.00 million for the quarter, compared to analyst estimates of $69.69 million. During the same period last year, the business posted $0.08 EPS. Descartes Systems Group’s revenue was up 12.9% on a year-over-year basis. Equities analysts forecast that Descartes Systems Group Inc will post 0.41 EPS for the current year.


    COPYRIGHT VIOLATION WARNING: “Mackenzie Financial Corp Purchases 278,713 Shares of Descartes Systems Group Inc (DSGX)” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this article on another site, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this article can be read at www.tickerreport.com/banking-finance/4163867/mackenzie-financial-corp-purchases-278713-shares-of-descartes-systems-group-inc-dsgx.html.


    About Descartes Systems Group

Top 10 Tech Stocks To Own For 2023: Advanced Semiconductor Engineering, Inc.(ASX)

Advanced Semiconductor Engineering, Inc., incorporated on March 23, 1984, is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services. It also sells goods from EMS. The Company engages in other activities, such as substrate production and real estate business.


Packaging Services

The Company offers a range of package types to meet the requirements of its customers, including flip-chip ball grid array (BGA), flip-chip chip scale package (CSP), advanced chip scale packages (aCSP), quad flat packages (QFP), thin quad flat packages (TQFP), bump chip carrier (BCC), quad flat no-lead (QFN) packages, advanced QFN (aQFN) and Plastic BGA. In addition, the Company provides three dimensional (3D) chip packages, such as MAP package on package (POP) and aMAP POP (advanced, laser ablation type). It also offers other forms of stacked die solutions in various package types, such as stacked die QFN and hybrid BGAs containing stacked wire bond. It also provides automotive product development and production using copper wire in its services to customers. In addition, the Company offers the fan-out wafer-level packaging (FOWLP) solution for radar products. The Company provides integrated circuit (IC) wirebonding, including leadframe-based packages and substrate-based packages. It assembles system-in-package (SiP) products, which involve the integration of a one chip into the same package. Its end-use applications for modules include cellular phones, wireless local area network (LAN) applications, Bluetooth applications, camera modules, automotive applications, toys, networking, storage and power management. The Company produces substrates for use in its packaging operations.


Testing Services

The Company provides front-end engineering testing services, including customized software development, electrical design validation, and reliability and failure analysis. The Company conducts final tests of a range of logic/mixed-signal/radio frequency (RF)/(2.5D/3D) module and SiP/micro-electromechanical systems (MEMS)/discrete semiconductors. The Company provides a range of additional test-related services, such as electric interface board and mechanical test tool design, program conversion, program efficiency improvement, burn-in testing, module and SiP testing, and tape and reel. It offers drop shipment services for shipment of semiconductors directly to end users designated by its customers.


Electronic Manufacturing Services

The Company provides integrated solutions for electronic manufacturing services in relation to computers, peripherals, communications, industrial, automotive, and storage and server applications. The Company’s products and services in this category include computers, such as motherboards for server and desktop personal computer (PC), peripheral, port replicator, network attached storage and technical services; communications, such as wireless fidelity (Wi-Fi) and SiP; consumer products, such as control boards for flat panel devices and SiP; automotive electronics, such as automotive electronic manufacturing services, car light emitting diode (LED) lighting, regulator/rectifier, and industrial products, such as point-of-sale systems and smart handheld devices.


The Company competes with Hon Hai Precision Ind. Co., Ltd.

Advisors’ Opinion:

  • [By Money Morning News Team]

    ASE Technology Holding Co. Ltd. (NYSE: ASX), a semiconductor firm, has outstanding earnings and growth potential that should propel the shares upward.

  • [By Logan Wallace]

    ASE Technology (NYSE:ASX) and Magnachip Semiconductor (NYSE:MX) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, risk, analyst recommendations, dividends, institutional ownership and valuation.

  • [By Joseph Griffin]

    LDK Solar (OTCMKTS:LDKYQ) and ASE Technology (NYSE:ASX) are both oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, profitability, risk and valuation.

Top 10 Tech Stocks To Own For 2023: Match Group, Inc.(MTCH)

Match Group, Inc. provides dating products. It operates a portfolio of approximately 45 brands, including Match, OkCupid, Tinder, PlentyOfFish, Meetic, Twoo, OurTime, and FriendScout24. The company offers its dating products through its Websites and applications in 38 languages approximately in 190 countries. It also provides various test preparation, academic tutoring, and college counseling services. The company was incorporated in 2009 and is headquartered in Dallas, Texas. Match Group, Inc. is a subsidiary of IAC/InterActiveCorp.

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