U.S. technology stocks demonstrating strong earnings and revenue growth, utilizing Trading Central’s Quantamental factor-investing methodology.
This week, we focused on the technology sector to highlight top U.S. tech stocks with strong Trading Central Quantamental momentum and growth factor ratings, and which are demonstrating upward trends in both price and earnings.Using Trading Central’s Strategy Builder, we screened for U.S.-listed technology stocks with a minimum market capitalization of US$5-billion, focusing on mid- to large-cap stocks within the sector, while avoiding smaller, potentially more volatile stocks.
Finally, we applied Trading Central’s Quantamental rating system, which ranks stocks on a scale from 0 to 100, with 100 being the most bullish. To qualify, stocks needed a minimum score of 50 out of 100 for both momentum and growth factors.is a global leader in financial market research and investment analytics for retail online brokers and institutions.
Trading Central’s Strategy Builder offers a backtesting feature to assess how an investment strategy would have performed historically. Over a five-year period with quarterly rebalancing, the described screen delivered an impressive 31 per cent annualized total return, compared with 18 per cent for the Nasdaq Composite Index.
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