5 Crucial Technology Stocks To Watch Out for in 2018
The experts have varied views when we talk about the growth of tech sector in the year 2018. Most of them are confident that tech will surely have the highest expected sales growth along with huge profits, while some of them talk about the risks involved. The risks include tax reform, valuation, and government regulation.
The buyers today are wary of the tech stocks and are devoting much time and energy to find out which are the best tech stock they should consider. Coming to the five stocks that is attracting a buyer’s attention, the first in line is Worldpay. A payment processing company from UK, Worldpay,is at a rise of 26% as compared to the figure last year. Worldpay is planning to have a merger with Vantiv, which is also a payment processing company. Due to the merger, it will become the world’s biggest payment processor which will handle about $1.5 trillion value of transactions in a year. The stock market news is positive about the merger. Paulo Ribeiro, a top BMO Capital analyst, has called Worldpay as one of his bestchoice for this year and has claimed that since the company will have a better revenue growth profile and margin expansion, it will have a better EPS in 2019. Worldpay has 18 recent buy ratings with only 3 hold ratings.
T Mobile US, the Wireless network operator, is all set to taste phenomenal success in the year 2018. T mobile has recently been awarded with the title of US’s top wireless network by OpenSignal’s “2018 State of Mobile Networks” report. T Mobile is leading the line and the companies like Verizon, AT&T, and Sprint are lagging behind in five out of six major tests that includes 4G download speed and 4G availability. As per Timothy Horan, a five-star Oppenheimer analyst, T Mobile is his best pick for 2018 with giving $75 price target. The company has the fastest network and will have a 600 Mhz spectrum tolled out soon. The company has cent percent Street support with no hold ratings.
Mindbody, cloud software pure-play for fitness, health and beauty, has more than 60,000 customers. Brent Bracelin, five-star KeyBanc analyst, has revealed that MB will enjoy more than 25%revenue growth in the coming years. He has given price target of $41 with 17% upside. As compared to last year, 40% stock have increased and it will have an encouraging growth in future. It has a 5 buy ratings in the last three months.
Facebook, social media giant, is all set to grow leaps and bounds in 2018. It is expected to have a revenue growth of 34%. Mark Zuckerberg has announced that it will shift newsfeed content to people from than publishers. This may lead to less time spent on Facebook, decreased supply, and a higher pricing. Facebook ad prices might increase by 25%.Facebook enjoys 29 buy ratings with just 1 hold rating and 1 sell rating in the last three months.
Zynga, video game developer, is currently trading at just $3.72, but is an encouraging investing opportunity. The company is progressing towards its EBITDA margin target steadily. The company may also launch 2H18 which will take it on a further high. Zynga has 4 recent buy ratings and 1 sell rating in the last three months.
Other than these, also watch out for HCL technologies share price.
- 7 Key Web Design Principles To Create Impactful Web Experiences - June 20, 2024
- Why Your Small Business Needs SEO To Succeed - June 1, 2024
- Ultimate Guide to How Encoders Work: Types & Applications - June 1, 2024
Related Posts
About The Author
Techno World News
If you like This post, you can also Like and follow Techno World News on Facebook . Subscribe to Techno World News feed via RSS. You can also contribute to this blog, if you are interested Email here.