Best Technology Stocks for July 2020

Best Technology Stocks for July 2020

XRX, AMD and NVDA rank high for value, growth and momentum respectively. The technology sector consists of businesses selling goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology. Industry, Apple Inc. (AAPL), Alphabet Inc. (GOOGL) and Microsoft Corp. (MSFT) includes companies with the largest market value in the world. Technology stocks represented by the Technology Selection Sector SPDR ETF (XLK) performed better than the large market in 2020 amid the COVID-19 outbreak. In the past 12 months, the industry has provided investors with a 36.8% total return compared to the 9.8% total return of the S&P 500.

Most Valuable Technology Stocks

These are technology shares with the lowest 12-month final price / earnings (P/E) ratio. Since the profit can be returned to shareholders in the form of dividends and repurchases, a low P/E ratio indicates that you are paying less for each dollar profit generated.

Most Valuable Technology Stocks
	Price ($)	Market Cap ($B)	12- P/E Ratio
Xerox Holdings Corp. (XRX)	16.74	3.6	3.2
NortonLifeLock Inc. (NLOK)	20.22	11.9	3.4
Seagate Technology PLC (STX)	51.02	13.1	7.6

Xerox Holdings Corp .: Xerox includes digital printing technology and related solutions. The company's capabilities; developing secure and automated solutions to increase print, data analytics and productivity. This spring, Xerox has launched a partnership with Vortran Medical Technology to accelerate the large-scale production of the GO2Vent ventilator for hospitals and emergency units involved in COVID-19. NortonLifeLock Inc .: NortonLifeLock does the consumer cyber security business that provides solutions that help consumers protect their electronic devices, online privacy, identity and home networks. NortonLifeLock gave investors $ 9 billion during the quarter, including special dividends, regular dividends and buybacks during its 420 fiscal year ended April 3. The company also reported that GAAP nearly quadrupled its earnings per share (EPS) by a slight decline. Seagate Technology PLC: Seagate Technology is engaged in the development, production and distribution of data storage products and solutions. The company offers hard disk drives, other storage products and data recovery services.

Fastest Growing Technology Stocks

These are the highest technology stocks compared to last year over last quarter earnings per share (EPS) growth. Increasing earnings show that a business's business is growing and generating more money that it can reinvest or return to its shareholders.

Fastest Growing Technology Stocks
	Price ($)	Market Cap ($B)	EPS Growth (%)
Advanced Micro Devices Inc. (AMD)	54.55	63.9	1,300
NortonLifeLock Inc. (NLOK)	20.22	11.9	620.0
Gartner Inc. (IT)	121.16	10.8	260.9

Technology Stocks with the Most Momentum

These are technology shares with the highest total return in the past 12 months.

Technology Stocks with the Most Momentum
	Price ($)	Market Cap ($B)	12- Total Return (%)
NVIDIA Corp. ( NVDA)	369.44	227.2	155.5
Advanced Micro Devices Inc. ( AMD)	54.55	63.9	86.8
Lam Research Corp. ( LRCX)	313.78	45.6	85.2
S&P 500	N/A	N/A	9.8
Technology Select Sector SPDR ETF (XLK)	N/A	N/A