Validea’s Top Information Technology Stocks Based On Joel Greenblatt – 6/10/2024
From Nasdaq: 2024-06-10 11:00:00
According to Validea’s Earnings Yield Investor model, the top-rated Information Technology stocks include HP Inc. (HPQ), Cisco Systems Inc. (CSCO), and Jabil Inc. (JBL). HPQ and CSCO received strong interest scores of 100% and 90% respectively, while JBL received a 60% interest score based on Joel Greenblatt’s value strategy.
HP Inc. is a global provider of personal computing and digital access devices, imaging products, and services. Its Personal Systems segment offers a variety of devices, while the Printing segment focuses on printer hardware and solutions. HPQ meets the value model’s criteria, scoring high on earnings yield and return on tangible capital.
Cisco Systems Inc. designs and sells technologies powering the Internet. Its product categories include Networking, Security, Collaboration, and Observability. With a 90% interest score, CSCO showcases strong fundamentals and valuation that align with Joel Greenblatt’s strategy for growth stocks.
Jabil Inc. is a manufacturing solutions provider, offering electronics design, production, and product management services. It operates in Electronics Manufacturing and Diversified Manufacturing segments serving various industries. Despite a 60% interest score, JBL was considered a value stock according to the Earnings Yield Investor model based on the firm’s fundamentals and stock valuation.
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