Top 5 Tech Stocks To Own For 2023


What happened

Popular coronavirus stock BioNTech (NASDAQ:BNTX) was a hit with investors on Tuesday. They bid the company’s share price up by 2.4% on an otherwise downbeat day for the stock market. News from across the Atlantic seemed to lift sentiment on the company’s prospects.

So what

Earlier that day, U.K. Prime Minister Boris Johnson mapped out his government’s plan to combat the coronavirus pandemic in the country through the fall and winter.

Image source: Getty Images.

Top 5 Tech Stocks To Own For 2023: Graham Corporation(GHM)

Graham Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of heat transfer and vacuum equipment for the chemical, petrochemical, refining, energy, defense, and electric power generating industries worldwide. The company offers heat transfer equipment, including surface condensers, Heliflows, water heaters, and various types of heat exchangers; and vacuum equipment consisting of steam jet ejector vacuum systems and liquid ring vacuum pumps. It also services and sells spare parts for its equipment; and supplies components used inside reactor vessels and outside containment vessels of nuclear power facilities. The company sells its products directly, as well as through independent sales representatives. Graham Corporation was founded in 1936 and is headquartered in Batavia, New York.


Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    John Bean Technologies Corp  (NYSE:JBT)Q4 2018 Earnings Conference CallFeb. 26, 2019, 10:00 a.m. ET

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

    Operator

  • [By Max Byerly]

    John Bean Technologies Corp (NYSE:JBT) has been given a consensus recommendation of “Hold” by the ten ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $92.33.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on John Bean Technologies (JBT)

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

  • [By Shane Hupp]

    John Bean Technologies (NYSE:JBT) was downgraded by analysts at JPMorgan Chase & Co. from a neutral rating to an underweight rating. JPMorgan Chase & Co. currently has $88.00 price target on the stock.

Top 5 Tech Stocks To Own For 2023: Switch, Inc.(SWCH)


Switch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services in the United States. It develops and operates data centers in Nevada, Michigan, and Georgia. The company serves technology and digital media companies, financial institutions, government agencies, and network and telecommunications providers, as well as cloud, IT, and software providers. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada.

Advisors’ Opinion:

  • [By ]

    Shares of Switch, Inc. (NYSE:SWCH) have been given a consensus recommendation of “Buy” by the twelve research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $25.11.

  • [By Motley Fool Transcription]

    Switch, Inc. (NYSE:SWCH) Q4 2018 Earnings Conference Call March 12, 2019, 5:00 p.m. ET

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

    Operator

  • [By Dan Caplinger]

    The stock market generally kept gaining ground on Tuesday, with only downward pressure from the most heavily weighted component of the Dow Jones Industrial Average preventing a clean sweep of every major benchmark posting solid gains. Investors have been pleased overall with the current state of affairs on the economic front, and those calling for a Goldilocks-like middle ground between a recessionary downturn and a too-fast growth spurt that could spur inflation have liked what they’ve seen. Some individual stocks also helped bolster sentiment on Wall Street. Akebia Therapeutics (NASDAQ:AKBA), Momo (NASDAQ:MOMO), and Switch (NYSE:SWCH) were among the top performers. Here’s why they did so well.

Top 5 Tech Stocks To Own For 2023: Cross Country Healthcare, Inc.(CCRN)


Cross Country Healthcare, Inc. (CCRN), incorporated on May 20, 1999, is engaged in providing healthcare recruiting, staffing and workforce solutions. The Company operates in three segments: Nurse and Allied Staffing, Physician Staffing and Other Human Capital Management Services. In addition, the Company is engaged in providing multi-specialty locum tenens (temporary physician staffing) services, as well as other human capital management services focused on healthcare. The Company’s workforce solutions include managed service programs (MSPs), electronic medical record (EMR) transition/upgrade staffing, internal resource pool (IRP) consulting and development, recruitment process outsourcing (RPO), optimal workforce solutions, predictive analytics and education healthcare services. It has presence in the United States through approximately 70 branches.


Nurse and Allied Staffing

The Company’s nurse and allied staffing segment is engaged in providing traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch-based local nurses and allied staffing through its Cross Country Staffing brand, MSN, AHG, Mediscan and DirectEd brands. The Company’s customers include public and private acute care hospitals, government-owned facilities, public schools, charter schools, outpatient clinics, ambulatory care facilities, physician practice groups, retailers and various other healthcare providers. The Company also provides a short-term staffing solution of registered nurses, licensed practical nurses, certified nurse assistants, advanced practitioners, pharmacists and over 100 specialties of allied professionals on local per diem and short-term assignments in various clinical and non-clinical settings through its national network of branch offices. It also provides travel allied professionals on long-term contract assignments to hospitals, public schools, charter schools and skilled nursing facilities under its brands.


Physician Staffing

The Company’s Physician Staffing segment is engaged in providing physicians in various specialties, certified registered nurse anesthetists (CRNAs), nurse practitioners (NPs) and physician assistants (PAs) under its Medical Doctor Associates (MDA) brand across the United States at various healthcare facilities, such as acute and non-acute care facilities, medical group practices, government facilities and managed care organizations. The Company recruits these professionals nationally and places them on assignments varying in length from several days to over 1 year.


Other Human Capital Management Services

The Company’s Other Human Capital Management Services is engaged in providing retained and contingent search services for physicians and healthcare executives. The Company’s subsidiary, Cejka Search (Cejka), is engaged in providing physician, executive, nurses, advanced practice, and allied health retained and contingent search firm for over 20 years, recruiting healthcare talent for organizations across the nation. Cejka completes various search assignments annually for organizations spanning the continuum of healthcare, including physician group practices, hospitals and health systems, academic medical centers, accountable care organizations, managed care and other healthcare organizations.


The Company competes with AMN Healthcare Services, Inc., CHG Healthcare Services, Maxim Healthcare, Jackson Healthcare, Team Health, Parallon, MedAssets and Witt Kiefer.

Advisors’ Opinion:

  • [By Joseph Griffin]

    Tapinator (OTCMKTS:TAPM) and Cross Country Healthcare (NASDAQ:CCRN) are both small-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, earnings, risk, valuation and institutional ownership.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Cross Country Healthcare (CCRN)

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

  • [By Motley Fool Transcribers]

    Cross Country Healthcare Inc  (NASDAQ:CCRN)Q4 2018 Earnings Conference CallFeb. 27, 2019, 5:00 p.m. ET

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

    Operator

  • [By Joseph Griffin]

    Cross Country Healthcare, Inc. (NASDAQ:CCRN) – Research analysts at SunTrust Banks dropped their Q1 2019 earnings estimates for Cross Country Healthcare in a report issued on Tuesday, February 19th. SunTrust Banks analyst T. Sommer now expects that the business services provider will post earnings per share of ($0.01) for the quarter, down from their prior forecast of $0.01. SunTrust Banks has a “Hold” rating on the stock. SunTrust Banks also issued estimates for Cross Country Healthcare’s Q2 2019 earnings at $0.01 EPS, Q1 2020 earnings at ($0.01) EPS and Q2 2020 earnings at $0.04 EPS.

Top 5 Tech Stocks To Own For 2023: Five9, Inc.(FIVN)


Five9 is a pioneer and leading provider of cloud software for contact centers. Since our inception, we have exclusively focused on delivering our platform in the cloud and are disrupting a significantly large market by replacing legacy on-premise contact center systems. Contact centers are vital hubs of interaction between organizations and their customers and, therefore, are essential to delivering successful customer service, sales and marketing strategies. Our mission is to empower organizations to transform their contact centers into customer engagement centers of excellence, while improving business agility and significantly lowering the cost and complexity of their contact center operations. Our purpose-built, highly scalable and secure Virtual Contact Center (“VCC”) cloud platform delivers a comprehensive suite of easy-to-use applications that enable the breadth of contact center-related customer service, sales and marketing functions.   Advisors’ Opinion:

  • [By ]

    The Justice Department is leading an investigation into Zoom Video Communications  (ZM)  and its deal to buy Five9  (FIVN)  for $15 billion due to potential national security risks posed by the company's ties to China. 

  • [By Jon Quast (tmfjaguar)]

    All of this doesn’t even include Zoom’s pending acquisition of Five9 (NASDAQ:FIVN), which dramatically increases the company’s total addressable market (TAM). By acquiring Five9’s customer contact center market, Zoom’s TAM is now estimated at $86 billion, an increase of 39%. 

  • [By Chris Lau]

    Last month, Zoom agreed to buy Five9 (NASDAQ:FIVN) for $14.7 billion in an all-stack deal. The acquisition will help Zoom strengthen its presence with enterprise clients. It widens its addressable market as Zoom enters the contact center market worth $24 billion. By paying in stock only, Zoom is taking advantage of the recent share price strength.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Five9 (FIVN)

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

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