10 technology stocks that are under US$100 but popular on NASDAQ

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10 technology stocks that are under US$100 but popular on NASDAQ

 10 technology stocks that are under US$100 but popular on NASDAQ
Image source: Andrey Tolkachev,Shutterstock

Summary

  • Technology stocks are both value and growth stocks.
  • The Dow Jones US Technology Total Stock Market Index (DWCTEC) gave 53% in one year.
  • The NASDAQ Composite Index (COMP) gave around 43% in one year.

Technology stocks draw significant attention from investors due to their growth potential. While most blue-chip and FAANG stocks could be out of bounds for ordinary investors, there are still shares that may match the budget. 

Here are 10 popular technology stocks that are under US$100 on Nasdaq.

Western Digital Corporation (NASDAQ: WDC) supplies vertically integrated data storage solutions. WDC has a market capitalization of US$ 19 billion and a P/E ratio of 55.06. 

The stock has a dividend yield of 3.14% and annualized dividend of US$ 2.00. 

Its revenue for Q3 ended April 2, 2021, was US$ 4.14 billion. Its net income was US$ 197 million or per share diluted US$ 0.63, showing a 1059% growth in net income YOY.

The company will release its fourth-quarter results on August 4, 2021. 

The stock price rose 12.58% YTD and closed at US$ 64.27 on July 26, 2021.

Also Read: EV carmaker Lucid makes NASDAQ debut, stock jumps as much as 19%

Cerner Corporation (NASDAQ: CERN) supplies technology solutions and tech-enabled services in healthcare. It has a P/E ratio of 30.01 and a market capitalization of US$ 23.69 billion. The company pays an annual dividend of US$ 0.88. The dividend yield is 1.12%.

For the Q1 ended March 31, 2021, revenue was US$ 1.39 billion, and net income was US$ 172 million, reflecting a decrease of around 2% and an increase of 17%, respectively YOY. The EPS diluted was US$ 0.56. 

The company will release its Q2 results on July 30, 2021. 

The stock price soared 1.11% YTD and closed at S$ 78.29 on July 26. 

Also Read: With the wedding season in full gear, here’re five stocks to explore

Source: Pixabay

HP Inc. (NYSE: HPQ) provides computers, printers, and printer supplies. It has a market capitalization of US$ 34 billion and a P/E ratio of 10.02. The dividend yield is 2.75%, and an annualized dividend is US$ 0.775.

For the April quarter of 2021, its revenue was US$ 15.88 billion, a 27% increase YOY and net income was US$ 1.2 billion, a 61% increase YOY. Its EPS dilutes US$ 0.98.

The stock has given a 15.49% growth YTD. The share closed at US$ 28.48 on July 26. 

Today, the company announced to acquire Teradici Corporation, a global innovator in remote computing software. 

Also Read: Four dividend-paying healthcare stocks to consider in Biden’s era

Marvell Technology, Inc. (MRVL) designs integrated circuits for networking, data storage, and communications. Its market capitalization is US$ 47.49 billion, and its current dividend yield is 0.41%.

Its revenue for the quarter ended May 1, 2021, revenue was US$ 832 million, a 20% growth YOY. The net loss was US$ 88.24 million, a 22% decrease in loss YOY. The company’s net loss per share diluted was US$ 0.13.

Today, MRVL announced to have received the prestigious Bosch Global Supplier Award in Direct Purchasing – Mobility Solutions category. 

The stock closed at US$ 58.95 on July 26, 2021, and gave a 21.96% return YTD.

Also Read: Top mid-cap consumer stocks to watch on Wall Street

Activision Blizzard, Inc. (NASDAQ: ATVI) is a leading video game publisher, with a market cap of US$ 65 billion. Its P/E ratio is 28.28, the dividend yield is 0.51%, and pays an annual dividend of US$ 0.47.

For the first quarter ended March 31, 2021, the revenue was US$ 2.3 billion, and net income was US$ 619 million, showing a 27% and 23% growth, YOY. EPS dilutes US$ 0.79. 

ATVI will release its Q2 results on August 3, 2021.

The stock grew -9.48% YTD. It closed at US$ 90.14 on July 26.

Also Read: Square, Paypal stocks on investors’ radar ahead of Q2 earnings

Infosys Limited (NYSE: INFY) is a global IT service provider. It has a market capitalization of US$ 91.8 billion and a P/E ratio of 33.31. INFY’s current dividend yield is 1.56%, and the annualized dividend is US$ 0.339.

Its first quarter ended June 30, 2021; revenue was US$ 3.78 billion, an 21% growth YOY. Its net income was US$ 704 million, a 25% increase YOY, and the diluted EPS was US$ 0.17.

INFY stock grew 27.52% YTD and closed at US$ 21.71 on July 26, 2021.

Also Read: Tesla’s revenue surge by record 98% in Q2, Phillips’ sales up 9%

Juniper Networks, Inc. (NYSE: JNPR) develops, sells routing, switching and security software products, and offers services for the networking industry. Its market capitalization is US$ 9 billion and has a PE ratio of 45.96. The current dividend yield is 2.9%, and annualized dividend is US$ 0.80.

For the March quarter, the revenue was US$ 1.07 billion, a 7% increase YOY. Its net loss was US$ 31.1 million against the net income of US$ 20.4 for the same period in 2020. The loss per share diluted was US$ 0.10.

Its Q2 results will be declared after-market hours today. 

Stock price grew 22.79% YTD, and the share closed at US$ 27.61 on July 26, 2021.

Also Read: Six rising EV stocks to watch as industry navigates energy transition

Source: Pixabay

Squarespace, Inc. (NYSE: SQSP) provides a platform for businesses and independent creators to build and grow their brands and manage the business. Its market capitalization is US$ 7.4 billion. Its IPO came on May 19, 2021.     

The stock gave around 32% since May 19, 2021.

The company will release its second-quarter results on August 9, 2021. 

Also Read: Lockheed’s net sales are up 5%, Lennox’s revenue jumps 32% in Q2

Nuance Communications, Inc. (NASDAQ: NUAN) is an AI powerhouse, with a market cap of US$17 billion and a P/E ratio of 2752.5.

Its March quarter revenue jumped 10% YoY to US$ 347 million. The net loss was US$3.6 million compared to US$ 20 million in the same quarter of 2020. The net loss per share diluted was US$ 0.01.

NUAN will release its Q3 results on August 6, 2021. 

The stock price increased by 24.86% YTD. It closed at US$ 55.14 on July 26, 2021.

Also Read: Top trending penny stocks today: Check out the details

Dropbox, Inc. (NASDAQ: DBX) is a collaborative online platform for people to work together. Its market capitalization is US$ 12 billion. 

DBQ revenue for the March quarter of 2021 was US$ 511.6 billion, and net income was US$ 47.6 million, showing a 12% and 21% growth, respectively YOY. EPS dilutes US$ 0.12.

It will announce its Q2 results on August 5, 2021.

The stock rose 38.98% YTD and closed at US$ 30.84 on July 26, 2021.

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

The reference data in this article has been partly sourced from Refinitiv.

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