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Tech Stock Highlights from our Global Tech AI Quant Models

Dec 05, 2018

 

  • Today, we take a look at “Top Buys” in our Multi-Factor AI Quant Stock Models, specifically those in our Global Information Technology Top Stock Ideas, that have fallen the most so far in 2018 in order to highlight “Top Buys” in our Multi-Factor AI Quant Stock Models that could be poised to rally to end the year. 
     
  • After falling 8.76% this November to bring its YTD return to 23.84%, Software AG (XTRA: SOW) stands out as a strong potential investment opportunity:
     
  • Software AG trades at 14.61x its forward 12M earnings while maintain a trailing ROE of 13.5%. Software AG's profitability looks attractive as it has increased its gross margin from 69.7% in FY2013 to 76.8% in the last 12 months while it has also grown its net income margin from 13.8% in FY2013 to 17.5% in the last 12 months.  
     
  • Software AG shares are nearing ‘oversold’ relative strength index (RSI) levels as shares reached an RSI of 37.31 in the most recent trading day.  
     
  • Software AG is rated “Top Buy” in our European SMID-Cap Global Top Stock Ideas.

Worst Performing YTD "Top Buys" in our Global Information Technology Top Stock Ideas

Company Name Ticker Model November Return YTD Return
SEIKO EPSON CORP 6724 Japanese Large-Cap -1.47% -35.65%
HITACHI LTD 6501 Japanese Large-Cap -4.97% -25.44%
CANON INC 7751 Japanese Large-Cap -1.17% -24.00%
SOFTWARE AG SOW SMID-Cap Developed Europe -8.76% -23.84%
INFICON HOLDING AG IFCN SMID-Cap Developed Europe -3.94% -20.03%
OKI ELECTRIC INDUSTRY CO LTD 6703 Japanese Large-Cap -1.64% -5.06%
KONICA MINOLTA INC 4902 Japanese Large-Cap -5.81% -3.14%
TIETO CORP TIETO SMID-Cap Developed Europe -8.01% -1.69%
REPLY SPA REY SMID-Cap Developed Europe 1.82% 5.91%
COMPUTERSHARE LTD CPU CPU Australia Large-Cap -8.79% 6.81%
LAGERCRANTZ GROUP AB LAGR B SMID-Cap Developed Europe 3.95% 11.48%
ENGHOUSE SYSTEMS LTD ENGH. Investable Canada -6.18% 11.89%
NEC CORP 6701 Japanese Large-Cap 8.98% 13.82%
DEVOTEAM SA DVT SMID-Cap Developed Europe -4.41% 21.58%
LENOVO GROUP LTD 992 Investable China 11.66% 24.94%
TECHNOLOGY ONE LTD TNE Australia Large-Cap 14.94% 28.02%
APPEN LTD APX Australia Large-Cap 28.23% 63.30%
ALTIUM LTD ALU Australia Large-Cap 0.22% 68.67%

 

Source: Capital IQ