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Trendy Tech: These US Large-Cap Tech Stocks have the Best Trending 1-Month Sentiment

May 22, 2019

Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions
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Top Russell 1000 Tech Stocks Trending by Positive 1-Month Sentiment

Name Ticker Sector Industry Primary Rating Secondary Rating
Gartner, Inc. IT Information Technology IT Consulting and Other Services Neutral Neutral
Microsoft Corporation MSFT Information Technology Systems Software Top Buy Attractive
Accenture plc ACN Information Technology IT Consulting and Other Services - -
International Business Machines Corporation IBM Information Technology IT Consulting and Other Services Neutral Attractive
Red Hat, Inc. RHT Information Technology Systems Software Unattractive Neutral
Advanced Micro Devices, Inc. AMD Information Technology Semiconductors Top Short Neutral
Texas Instruments Incorporated TXN Information Technology Semiconductors Neutral Attractive
salesforce.com, inc. CRM Information Technology Application Software Neutral Neutral
Autodesk, Inc. ADSK Information Technology Application Software Unattractive Unattractive
Motorola Solutions, Inc. MSI Information Technology Communications Equipment Top Buy Top Buy

 

The above stocks are top trending Russell 1000 tech stocks by positive sentiment over the last month.  
 

  • Gartner, Inc. (IT), the research and advisory company that offers research, conference, and consulting services, is far and away the top Russell 1000 technology stock by positive sentiment over the last month.
     
  • Gartner is actually the top Russell 1000 tech stocks by Event Sentiment, Story Sentiment, and Article Count scores. Gartner’s Entity Sentiment score, meanwhile, is just the eighth best among Russell 100 tech stocks.
     
  • Microsoft Corporation (MSFT), who develops, licenses, and offers support for software, services, devices, and other solutions offered by the company across the globe, is the number two Russell 1000 tech stock by positive sentiment over the last month and it is the highest rated “Top Buy” stock highlighted above.
     
  • Bolstering its “Top Buy” rating is Microsoft’s Entity Sentiment score, which ranks first among Russell 1000 tech stocks over the last month. Microsoft’s Event Sentiment, Story Sentiment, and Article Count scores, meanwhile, are all in the top 10 of Russell 1000 tech stocks. Microsoft’s “Top Buy” rating paired with its highly positive sentiment makes this our highest conviction idea among the stocks highlighted above.
     
  • Motorola Solutions, Inc. (MSI) rounds out our list of the top 10 Russell 1000 tech stocks by positive 1-month sentiment. Motorola is the provider of mission-critical communication solutions to customers across the globe, serving various customers including government entities, public safety organizations, and commercial clients.
     
  • Motorola is the only stock highlighted above that is a consensus “Top Buy” across both of its models. Although its overall sentiment score is notably weaker than those highlighted above, the relatively positive sentiment surrounding the stock paired with its consensus “Top Buy” ratings combine to make this a somewhat high conviction idea.
     
  • Advanced Micro Drives (AMD), the global semiconductor company, could be an interesting contrarian play as the company is the sixth-best trending Russell 1000 tech stock by positive sentiment over the last month. Our US Large-Cap model ranks Advanced Micro Drives as “Top Short” and now may be a good time to take advantage of the short opportunity while the stock’s price could be benefitting from overly positive sentiment.

 

Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS
Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS