3 US Tech Stocks To Buy As Inflation Anxiety Eases

3 min read | May 25, 2021 08:53 AM EDT | By Raza Naqvi

3 US Tech Stocks To Buy As Inflation Anxiety Eases — Image source: SFIO CRACHO, Shutterstock

Creative Realities Inc. (NASDAQ:CREX, CREX:US)

During Monday’s trading session, stocks of Creative Realities climbed 47 per cent and closed at US$ 1.93 apiece. There was no direct news from the company that could've caused the surge, however, the company reported its earnings for the first quarter on May 17.

In the last week, the micro stock has soared over 60 per cent and its year-to-date growth is 50 per cent. The stock touched a 52-week high of US$ 3.63 on June 16, 2020.

In the first quarter of 2021, the company's revenues rose to US$ 5 million, an increase of 35 per cent year-over-year (YoY). The gross profit increased by 39 per cent in the same period to US$ 2.2 million.

Palantir Technologies Inc. (NYSE:PLTR, PLTR:US)

The software company confirmed that it will lend support to the United States Space Force and the United States Air Force by providing its software for critical missions. The firm-fixed-price deal reportedly amounts to US$ 32.5 million.

The shares were up two per cent in intraday trading on May 24 and closed at US$ 21.22 apiece. In the past week, the stock grew by about four per cent, surpassing the S&P 500 Application Software (Sub Industry) sector.

In the first quarter of 2021, the company's total revenue rose by 49 per cent YoY to US$ 341 million. The adjusted diluted earnings per share were US$ 0.04.

Vontier Corporation (NYSE:VNT, VNT:US)

The industrials technology company, which offers a wide range of products and services, holds a price-to-earnings (P/E) ratio of 13.9.

Since the beginning of this year, the stock surged by about four per cent and its growth in the past six months is nine per cent.

Vontier distributes a quarterly dividend of US$ 0,025 and its current dividend yield is 0.29 per cent.

At market close on May 24, the shares were priced at US$ 34.64 apiece. In the first quarter of this year, the revenue increased by 16.1 per cent to US$ 707.4 million and the net earnings were US$ 91 million.

The above constitutes a preliminary view and any interest in stocks should be evaluated further from an investment point of view.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.