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This list of potential positions covers Firms and ETFs that are involved or betting on industries or trends that are projected to experience exponential growth. New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Paycom Soft (PAYC)
The company has return on total asset (ROA) of 0.0697 % which means that it generated a profit of $0.0697 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2742 %, meaning that it created $0.2742 on every $100 dollars invested by stockholders. Paycom Soft's management efficiency ratios could be used to measure how well Paycom Soft manages its routine affairs as well as how well it operates its assets and liabilities. At present, Paycom Soft's Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Paycom Soft's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 712.7 M, whereas Total Assets are forecasted to decline to about 2.1 B. The entity currently falls under 'Large-Cap' category with a current market capitalization of 10.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paycom Soft's market, we take the total number of its shares issued and multiply it by Paycom Soft's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be undervalued. Paycom Soft holds a recent Real Value of $234.28 per share. The prevailing price of the company is $184.87. Our model determines the value of Paycom Soft from analyzing the company fundamentals such as Operating Margin of 0.25 %, return on equity of 0.27, and Shares Outstanding of 58.15 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors support purchasing undervalued entities and exiting overvalued entities since, at some point, asset prices and their ongoing real values will merge together.
SolarEdge Technologies (SEDG)
The company has return on total asset (ROA) of 0.0186 % which means that it generated a profit of $0.0186 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.015 %, meaning that it created $0.015 on every $100 dollars invested by stockholders. SolarEdge Technologies' management efficiency ratios could be used to measure how well SolarEdge Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, SolarEdge Technologies' Return On Assets are most likely to increase slightly in the upcoming years. At this time, SolarEdge Technologies' Total Current Assets are most likely to increase significantly in the upcoming years. The SolarEdge Technologies' current Non Current Assets Total is estimated to increase to about 1.3 B, while Intangibles To Total Assets are projected to decrease to 0.02. The entity currently falls under 'Mid-Cap' category with a current market capitalization of 3.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SolarEdge Technologies's market, we take the total number of its shares issued and multiply it by SolarEdge Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Net Debt
416.67 Million
At this time, SolarEdge Technologies' Net Debt is most likely to increase significantly in the upcoming years.
ServiceNow (NOW)
The company has Return on Asset of 0.031 % which means that on every $100 spent on assets, it made $0.031 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2735 %, implying that it generated $0.2735 on every 100 dollars invested. ServiceNow's management efficiency ratios could be used to measure how well ServiceNow manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.11 in 2024. Return On Capital Employed is likely to climb to 0.08 in 2024. At this time, ServiceNow's Fixed Asset Turnover is fairly stable compared to the past year. Return On Assets is likely to climb to 0.10 in 2024, whereas Intangibles To Total Assets are likely to drop 0.05 in 2024. The entity currently falls under 'Mega-Cap' category with a total capitalization of 152.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ServiceNow's market, we take the total number of its shares issued and multiply it by ServiceNow's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be overvalued. ServiceNow has a current Real Value of $653.22 per share. The regular price of the company is $731.36. Our model measures the value of ServiceNow from inspecting the company fundamentals such as Shares Outstanding of 205.38 M, return on equity of 0.27, and Operating Margin of 0.11 % as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend buying undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other.
Technology Select Sector (XLK)
Technology Select Sector [XLK] is traded in USA and was established 1998-12-16. The fund is classified under Technology category within SPDR State Street Global Advisors family. The entity is thematically classified as Dividend Beast. Technology Select Sector at this time have 35.63 B in net assets. , while the total return for the last 3 years was 12.4%.
Vanguard Information Technology (VGT)
Vanguard Information Technology [VGT] is traded in USA and was established 2004-01-26. The fund is classified under Technology category within Vanguard family. The entity is thematically classified as Dividend Beast. Vanguard Information at this time have 45.79 B in net assets. , while the total return for the last 3 years was 9.6%. At this time, the etf appears to be fairly valued. Vanguard Information has a current Real Value of $497.44 per share. The regular price of the etf is $492.97. Our model measures the value of Vanguard Information from inspecting the etf fundamentals such as Price To Earning of 20.75 X, total asset of 45.79 B, and Number Of Employees of 12 as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend acquiring undervalued stocks and selling overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other.
First Trust Dow (FDN)
First Trust Dow [FDN] is traded in USA and was established 2006-06-19. The fund is classified under Technology category within First Trust family. The entity is thematically classified as Tech Growth. First Trust Dow currently have 3.8 B in assets under management (AUM). , while the total return for the last 3 years was -5.4%.
Invesco Plc (IVZ)
The company has Return on Asset of 0.0178 % which means that on every $100 spent on assets, it made $0.0178 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0103) %, meaning that it generated no profit with money invested by stockholders. Invesco Plc's management efficiency ratios could be used to measure how well Invesco Plc manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.0064 in 2024. Return On Capital Employed is likely to rise to -0.01 in 2024. At this time, Invesco Plc's Non Currrent Assets Other are fairly stable compared to the past year. Total Current Assets is likely to rise to about 5.5 B in 2024, whereas Total Assets are likely to drop slightly above 19.1 B in 2024. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Invesco Plc's market, we take the total number of its shares issued and multiply it by Invesco Plc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Invesco Plc retains a regular Real Value of $15.79 per share. The prevalent price of the firm is $15.27. Our model calculates the value of Invesco Plc from evaluating the firm fundamentals such as Return On Asset of 0.0178, current valuation of 12.61 B, and Return On Equity of -0.0103 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage acquiring undervalued assets and dropping overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Hydrogenics (HYGS)
The firm beta is close to zero. As returns on the market increase, Hydrogenics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hydrogenics is expected to be smaller as well. The beta indicator helps investors understand whether Hydrogenics moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Hydrogenics deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity currently falls under 'Small-Cap' category with a current market capitalization of 285.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hydrogenics's market, we take the total number of its shares issued and multiply it by Hydrogenics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
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Paycom Soft (PAYC)
The company has return on total asset (ROA) of 0.0697 % which means that it generated a profit of $0.0697 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2742 %, meaning that it created $0.2742 on every $100 dollars invested by stockholders. Paycom Soft's management efficiency ratios could be used to measure how well Paycom Soft manages its routine affairs as well as how well it operates its assets and liabilities. At present, Paycom Soft's Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Paycom Soft's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 712.7 M, whereas Total Assets are forecasted to decline to about 2.1 B. The entity currently falls under 'Large-Cap' category with a current market capitalization of 10.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paycom Soft's market, we take the total number of its shares issued and multiply it by Paycom Soft's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be undervalued. Paycom Soft holds a recent Real Value of $234.28 per share. The prevailing price of the company is $184.87. Our model determines the value of Paycom Soft from analyzing the company fundamentals such as Operating Margin of 0.25 %, return on equity of 0.27, and Shares Outstanding of 58.15 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors support purchasing undervalued entities and exiting overvalued entities since, at some point, asset prices and their ongoing real values will merge together.
SolarEdge Technologies (SEDG)
The company has return on total asset (ROA) of 0.0186 % which means that it generated a profit of $0.0186 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.015 %, meaning that it created $0.015 on every $100 dollars invested by stockholders. SolarEdge Technologies' management efficiency ratios could be used to measure how well SolarEdge Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, SolarEdge Technologies' Return On Assets are most likely to increase slightly in the upcoming years. At this time, SolarEdge Technologies' Total Current Assets are most likely to increase significantly in the upcoming years. The SolarEdge Technologies' current Non Current Assets Total is estimated to increase to about 1.3 B, while Intangibles To Total Assets are projected to decrease to 0.02. The entity currently falls under 'Mid-Cap' category with a current market capitalization of 3.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SolarEdge Technologies's market, we take the total number of its shares issued and multiply it by SolarEdge Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Net Debt
416.67 Million
At this time, SolarEdge Technologies' Net Debt is most likely to increase significantly in the upcoming years.
ServiceNow (NOW)
The company has Return on Asset of 0.031 % which means that on every $100 spent on assets, it made $0.031 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2735 %, implying that it generated $0.2735 on every 100 dollars invested. ServiceNow's management efficiency ratios could be used to measure how well ServiceNow manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.11 in 2024. Return On Capital Employed is likely to climb to 0.08 in 2024. At this time, ServiceNow's Fixed Asset Turnover is fairly stable compared to the past year. Return On Assets is likely to climb to 0.10 in 2024, whereas Intangibles To Total Assets are likely to drop 0.05 in 2024. The entity currently falls under 'Mega-Cap' category with a total capitalization of 152.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ServiceNow's market, we take the total number of its shares issued and multiply it by ServiceNow's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be overvalued. ServiceNow has a current Real Value of $653.22 per share. The regular price of the company is $731.36. Our model measures the value of ServiceNow from inspecting the company fundamentals such as Shares Outstanding of 205.38 M, return on equity of 0.27, and Operating Margin of 0.11 % as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend buying undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other.
Technology Select Sector (XLK)
Technology Select Sector [XLK] is traded in USA and was established 1998-12-16. The fund is classified under Technology category within SPDR State Street Global Advisors family. The entity is thematically classified as Dividend Beast. Technology Select Sector at this time have 35.63 B in net assets. , while the total return for the last 3 years was 12.4%.
Vanguard Information Technology (VGT)
Vanguard Information Technology [VGT] is traded in USA and was established 2004-01-26. The fund is classified under Technology category within Vanguard family. The entity is thematically classified as Dividend Beast. Vanguard Information at this time have 45.79 B in net assets. , while the total return for the last 3 years was 9.6%. At this time, the etf appears to be fairly valued. Vanguard Information has a current Real Value of $497.44 per share. The regular price of the etf is $492.97. Our model measures the value of Vanguard Information from inspecting the etf fundamentals such as Price To Earning of 20.75 X, total asset of 45.79 B, and Number Of Employees of 12 as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend acquiring undervalued stocks and selling overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other.
First Trust Dow (FDN)
First Trust Dow [FDN] is traded in USA and was established 2006-06-19. The fund is classified under Technology category within First Trust family. The entity is thematically classified as Tech Growth. First Trust Dow currently have 3.8 B in assets under management (AUM). , while the total return for the last 3 years was -5.4%.
Invesco Plc (IVZ)
The company has Return on Asset of 0.0178 % which means that on every $100 spent on assets, it made $0.0178 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0103) %, meaning that it generated no profit with money invested by stockholders. Invesco Plc's management efficiency ratios could be used to measure how well Invesco Plc manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.0064 in 2024. Return On Capital Employed is likely to rise to -0.01 in 2024. At this time, Invesco Plc's Non Currrent Assets Other are fairly stable compared to the past year. Total Current Assets is likely to rise to about 5.5 B in 2024, whereas Total Assets are likely to drop slightly above 19.1 B in 2024. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Invesco Plc's market, we take the total number of its shares issued and multiply it by Invesco Plc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Invesco Plc retains a regular Real Value of $15.79 per share. The prevalent price of the firm is $15.27. Our model calculates the value of Invesco Plc from evaluating the firm fundamentals such as Return On Asset of 0.0178, current valuation of 12.61 B, and Return On Equity of -0.0103 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage acquiring undervalued assets and dropping overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Hydrogenics (HYGS)
The firm beta is close to zero. As returns on the market increase, Hydrogenics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hydrogenics is expected to be smaller as well. The beta indicator helps investors understand whether Hydrogenics moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Hydrogenics deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity currently falls under 'Small-Cap' category with a current market capitalization of 285.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hydrogenics's market, we take the total number of its shares issued and multiply it by Hydrogenics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce. View Profile
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