Top 5 Tech Stocks To Watch For 2019

tags:STV,PCTY,IIJI,ZNGA,SILC,

Shares of several of the world’s largest technology companies—including Amazon.com, Inc. (NASDAQ:AMZN), Alphabet Inc (NASDAQ:GOOGL), Apple Inc. (NASDAQ:AAPL), and Facebook Inc (NASDAQ:FB)—were in the red on Monday morning amid increased public scrutiny over data security and possible regulatory pressure.

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Tech stocks are being dragged lower after multiple media reports over the weekend detailed an alleged incident that allowed political consultancy Cambridge Analytica to access personal information from 50 million Facebook users.

Cambridge Analytica is a U.K.-based firm that uses data mining and data analysis to develop strategic communications plans. The company worked on Facebook ads for President Donald Trump during the 2016 election cycle and has ties to conservative billionaire Robert Mercer and former Trump advisor Steve Bannon.

Top 5 Tech Stocks To Watch For 2019: China Digital TV Holding Co., Ltd.(STV)

Advisors' Opinion:

• [By Stephan Byrd]

  Sativacoin (CURRENCY:STV) traded 2.1% higher against the US dollar during the 1-day period ending at 22:00 PM E.T. on May 9th. Over the last week, Sativacoin has traded up 0.1% against the US dollar. One Sativacoin coin can now be purchased for $0.0318 or 0.00000341 BTC on popular exchanges including Cryptopia and YoBit. Sativacoin has a market capitalization of $225,415.00 and $19.00 worth of Sativacoin was traded on exchanges in the last 24 hours.

Top 5 Tech Stocks To Watch For 2019: Paylocity Holding Corporation(PCTY)

Advisors' Opinion:

• [By Logan Wallace]

  Paylocity Holding (NASDAQ:PCTY) CEO Steven R. Beauchamp sold 80,000 shares of the business’s stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $55.37, for a total value of $4,429,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

• [By Benzinga News Desk]

  The curtain could come down any day on MoviePass’ bumpy run as an independent company: Link

  ECONOMIC DATA Chicago Fed national activity index +0.10 vs +0.27 expected The Composite Purchasing Managers' Index for April will be released at 9:45 a.m. ET. Existing home sales report for March is schedule for release at 10:00 a.m. ET. The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET. ANALYST RATINGS Deutsche Bank upgraded Michael Kors (NYSE: KORS) from Hold to Buy RBC downgraded Paylocity (NASDAQ: PCTY) from Outperform to Sector Perform Suntrust downgraded Oasis Petroleum (NYSE: OAS) from Hold to Sell

  This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

• [By Motley Fool Staff]

  Paylocity (NASDAQ:PCTY) is looking to change all of that. The company's cloud-based platform was built from the ground up to provide users with an easy-to-use, mobile-focused solution. Paylocity has been grabbing market share away from the industry giants ever since.

• [By Brian Feroldi]

  Lately, on Industry Focus: Tech, we've focused on the megacap businesses that have been dominating the news -- at the cost of shedding some light on smaller companies with massive growth potential. In this week's episode, host Dylan Lewis talks with Fool.com contributor�Brian Feroldi about three ultra-compelling small-cap tech companies: HubSpot (NYSE:HUBS), AppFolio (NASDAQ:APPF), and Paylocity (NASDAQ:PCTY).

Top 5 Tech Stocks To Watch For 2019: Internet Initiative Japan Inc.(IIJI)

Advisors' Opinion:

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Internet Initiative Japan (IIJI)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 Tech Stocks To Watch For 2019: Zynga Inc.(ZNGA)

Advisors' Opinion:

• [By Shane Hupp]

  Zynga (NASDAQ: ZNGA) is one of 61 publicly-traded companies in the “Data processing & preparation” industry, but how does it weigh in compared to its rivals? We will compare Zynga to related companies based on the strength of its earnings, dividends, analyst recommendations, valuation, institutional ownership, risk and profitability.

• [By Chris Lange]

  Zynga Inc. (NASDAQ: ZNGA) shares made a small gain on Wednesday after Wedbush said that it can see this stock making about a 50% run over the next year and that a turnaround is underway.

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Zynga (ZNGA)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 Tech Stocks To Watch For 2019: Silicom Ltd(SILC)

Advisors' Opinion:

• [By Joseph Griffin]

  F5 Networks (NASDAQ: FFIV) and Silicom (NASDAQ:SILC) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, valuation, dividends, analyst recommendations, earnings and institutional ownership.

• [By ]

  Finally, Cramer said that Silicom (SILC) is an interesting concept with real earnings, and an attractive valuation at just 18 times earnings. However, the company is small, which mean investors need to be careful.