6 Top-Ranked Large-Cap Tech Stocks to Buy Right Now – Yahoo Finance

Qorvo QRVO is benefiting from the robust adoption of its wireless connectivity, base station and Gallium Nitride (GaN) technology-based solutions. Moreover, its expanding portfolio of 5G solutions amid accelerated deployment of 5G bodes well for the company. Qorvo has a market cap of $11.36 billion.

The company sports a Zacks Rank #1 and has a VGM Score of B. Moreover, the consensus mark for fiscal 2021 earnings has increased 3.4% to $7 per share in the past 60 days.

Intel INTC is benefiting from its data-centric focus. Strong adoption of its second-gen Xeon scalable processors as well as solid demand from cloud service providers is driving data centric businesses. The company is planning nine product releases on 10 nm this year. Moreover, it is adding 25% wafer capacity across its 14 nm and 10 nm nodes in 2020.

This Zacks Rank #2 company has a market cap of $275.18 billion and a VGM Score of A. Additionally, the Zacks Consensus Estimate for 2020 earnings has increased 5.7% to $4.99 per share in the past 60 days.

CDW Corporation CDW is benefiting from its robust product portfolio and device refresh cycle, which is driving its corporate and government end markets. Moreover, CDW expects the acquisition of Scalar decisions to expand its footprint in Canada. The company has a market cap of $19.24 billion.

CDW carries a Zacks Rank of #2 and has a VGM Score of A. Moreover, the Zacks Consensus Estimate for 2020 earnings has increased 2.1% to $6.69 per share in the past 60 days.

Lam Research LRCX is benefiting from continued strength in logic and foundry spending. Transition to new data-enabled economy, in which DRAM and NAND continue to gain from density growth, is also aiding the company’s prospects. Moreover, robust adoption of 3D architecture is driving its non-memory segments. The company has a market cap of $46.11 billion.

Lam Research carries a Zacks Rank of 2 and has a VGM Score of B. Moreover, the Zacks Consensus Estimate for fiscal 2020 earnings has increased 11.8% to $16.82 per share in the past 60 days.

Match Group MTCH is benefiting from its robust portfolio of online dating services, with Tinder being the largest contributor to its subscriber base. Moreover, strong synergies from its buyouts of Meetic, Match, Hinge, OkCupid and PlentyOfFish bode well for the company. Notably, the company has entered into an agreement to separate from its parent company — InterActiveCorp.

This Zacks Rank #2 company has a market cap of $20.66 billion and a VGM Score of B. Additionally, the Zacks Consensus Estimate for 2020 earnings has increased 3.1% to $2.31 per share in the past 60 days.

Seagate Technology STX is benefiting from solid demand for its 16-terabyte products as well as growing traction of mass storage solutions across edge and enterprise markets. Improving trends in PC shipments is also a positive. Moreover, Seagate’s NAND-supply deal with Toshiba is expected to help it in developing advanced HDD, SSD and hybrid solutions. Seagate has a market of $14.1 billion.

The company carries a Zacks Rank #2 and has a VGM Score of B. Moreover, the consensus mark for fiscal 2020 earnings has increased 3.3% to $5.06 per share in the past 60 days.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of 24.7% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>
” data-reactid=”25″ type=”text”>

Qorvo QRVO is benefiting from the robust adoption of its wireless connectivity, base station and Gallium Nitride (GaN) technology-based solutions. Moreover, its expanding portfolio of 5G solutions amid accelerated deployment of 5G bodes well for the company. Qorvo has a market cap of $11.36 billion.

The company sports a Zacks Rank #1 and has a VGM Score of B. Moreover, the consensus mark for fiscal 2021 earnings has increased 3.4% to $7 per share in the past 60 days.

Intel INTC is benefiting from its data-centric focus. Strong adoption of its second-gen Xeon scalable processors as well as solid demand from cloud service providers is driving data centric businesses. The company is planning nine product releases on 10 nm this year. Moreover, it is adding 25% wafer capacity across its 14 nm and 10 nm nodes in 2020.

This Zacks Rank #2 company has a market cap of $275.18 billion and a VGM Score of A. Additionally, the Zacks Consensus Estimate for 2020 earnings has increased 5.7% to $4.99 per share in the past 60 days.

CDW Corporation CDW is benefiting from its robust product portfolio and device refresh cycle, which is driving its corporate and government end markets. Moreover, CDW expects the acquisition of Scalar decisions to expand its footprint in Canada. The company has a market cap of $19.24 billion.

CDW carries a Zacks Rank of #2 and has a VGM Score of A. Moreover, the Zacks Consensus Estimate for 2020 earnings has increased 2.1% to $6.69 per share in the past 60 days.

Lam Research LRCX is benefiting from continued strength in logic and foundry spending. Transition to new data-enabled economy, in which DRAM and NAND continue to gain from density growth, is also aiding the company’s prospects. Moreover, robust adoption of 3D architecture is driving its non-memory segments. The company has a market cap of $46.11 billion.

Lam Research carries a Zacks Rank of 2 and has a VGM Score of B. Moreover, the Zacks Consensus Estimate for fiscal 2020 earnings has increased 11.8% to $16.82 per share in the past 60 days.

Match Group MTCH is benefiting from its robust portfolio of online dating services, with Tinder being the largest contributor to its subscriber base. Moreover, strong synergies from its buyouts of Meetic, Match, Hinge, OkCupid and PlentyOfFish bode well for the company. Notably, the company has entered into an agreement to separate from its parent company — InterActiveCorp.

This Zacks Rank #2 company has a market cap of $20.66 billion and a VGM Score of B. Additionally, the Zacks Consensus Estimate for 2020 earnings has increased 3.1% to $2.31 per share in the past 60 days.

Seagate Technology STX is benefiting from solid demand for its 16-terabyte products as well as growing traction of mass storage solutions across edge and enterprise markets. Improving trends in PC shipments is also a positive. Moreover, Seagate’s NAND-supply deal with Toshiba is expected to help it in developing advanced HDD, SSD and hybrid solutions. Seagate has a market of $14.1 billion.

The company carries a Zacks Rank #2 and has a VGM Score of B. Moreover, the consensus mark for fiscal 2020 earnings has increased 3.3% to $5.06 per share in the past 60 days.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of 24.7% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>

 

Read More

Leave a Comment