How these 22 tech stocks stand out from the pack this earnings season

Third-quarter earnings season is just about over, which means it is time to see which technology companies have been faring best as most stocks have declined. A screen of those companies is below.

The benchmark S&P 500 SPX has fallen 16% during 2022, even after last week’s 6% increase. The S&P 500 information technology sector performed very well last week, with a 10% increase, but is still down nearly 24% this year. A company’s operating margin goes further, subtracting more overhead and other expenses that aren’t directly related to the production of goods and services sold. It is, essentially, earnings before interest and taxes , divided by sales.

The point of all this is to underscore that the strict definition of “S&P 500 information technology” doesn’t match investors’ perceptions. Read Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.

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