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Seeking Alpha's top Quant picks in Information Technology as Q2 earnings approach [Seeking Alpha]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The artificial intelligence frenzy led a bull run in tech stocks, with investors rallying on the demand for data driven storage structures and growth to maintain momentum going ahead. The Technology Select Sector SPDR Fund ETF XLK ), which holds a 28.1% weightage on the S&P500, dominated stock boards with players like Nvidia ( NVDA ), Apple ( AAPL ) and Microsoft ( MSFT According to Seeking Alpha's Quant Rating system, the sector has an average health score of 3.24. The system awards grades based on quantitative measures, like valuation, earnings growth and recent stock performance. The highest possible score for any individual company is a 5. Looking into individual companies in the sector, 5 stocks were rated as a Buy or higher based on their Quant Ratings, 65 stocks are rated Neutral, while 3 of the stocks were considered a Sell or lower. Seagate Technology Holdings ( STX ) held the highest Quant score of 4.90, while materials science company Corning ( GLW ) took the second
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