Technology sector stocks

XLK stock price: $92.28 -3.20% At close on Feb 25th, 2020

Technology sector definition

The technology sector is the category of stocks relating to the research, development and/or distribution of technologically based goods and services. This sector contains businesses revolving around the manufacturing of electronics, creation of software, computers or products and services relating to information technology. The technology sector offers a wide arrange of products and services for both customers and other businesses.

Technology sector is composed of 629 companies with a total market capitalization of $8.24 tn

Technology companies

Motorola Solutions, Inc. (MSI)

Motorola Solutions, Inc., together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally.The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers. Its products include two-way portable radios and vehicle-mounted radios; accessories, such as speaker microphones, batteries, earpieces, headsets, carry cases, and cables; software features and upgrades; and radio network core and central processing software, base stations, consoles, repeaters, and software applications and features. The Services segment provides integration services, including implementation, optimization, and integration of networks, devices, software, and applications; and managed and support services comprising repair, technical support, and hardware maintenance services. This segment also offers network monitoring, software maintenance, and cyber security services; and services and Software as a Service offerings across radio network technologies, command center consoles, and smart public safety solutions. In addition, it provides Integrated Digital Enhanced Network (iDEN) services, including hardware and software maintenance services for its legacy iDEN customers. This segment offers its services for government, public safety, and commercial communication networks. The company was formerly known as Motorola, Inc. and changed its name to Motorola Solutions, Inc. in January 2011. Motorola Solutions, Inc. was founded in 1928 and is headquartered in Chicago, Illinois.

  • Industry: Radio And Television Broadcasting And Communications Equipment
  • Country: USA
  • Market cap: $22.43 bn
  • 3M gains: +6.90 %
  • Avg. Volume: 5.0 M

nVent Electric plc (NVT)

  • Industry: Industrial Machinery/Components
  • Country:
  • Market cap: $4.73 bn
  • 3M gains: +7.46 %
  • Avg. Volume: 5.0 M

Red Hat, Inc. (RHT)

Red Hat, Inc. provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide.It offers infrastructure-related solutions, such as Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in hybrid cloud environments; Red Hat Satellite, a system management offering that helps to deploy, scale, and manage in hybrid cloud environments; and Red Hat Enterprise Virtualization, a software solution that allows customers to utilize and manage a common hardware infrastructure to run multiple operating systems and applications. The company offers application development-related and other technology solutions, such as Red Hat JBoss Middleware, a solution for developing, deploying, and managing applications; integrating applications, data, and devices; and automating business processes in hybrid cloud environments; Red Hat cloud offerings, a software solution that enables customers to build and manage various cloud computing environments; Red Hat Mobile, a software development platform that enables customers to develop, integrate, deploy, and manage mobile applications for enterprises; and Red Hat Storage, a software solution that enables customers to manage large, unstructured, or semi-structured data in hybrid cloud environments. It also provides consulting, support, and training services; and real-time operating system, distributed computing, directory services, and user authentication. Red Hat, Inc. has a collaboration with Wipro Limited to set up a cloud application factory that offers developers and IT teams a methodology for application modernization across public, private, and hybrid clouds. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.

  • Industry: Computer software
  • Country: USA
  • Market cap: $31.82 bn
  • 3M gains: +2.93 %
  • Avg. Volume: 7.4 M

RadiSys Corporation (RSYS)

Radisys Corporation provides software defined infrastructure, service aware traffic distribution platforms, real-time media processing engines, and wireless access technologies.It operates in two segments, Software-Systems and Hardware Solutions. The company's products include FlowEngine, which comprises data plane traffic distribution products that classify and distribute session data flows to network processing resources; and MediaEngine products that provide media processing capabilities required for applications, such as voice over long-term evolution (VoLTE), voice over Wi-Fi, Web real-time communication, and multimedia conferencing, as well as media interworking. It also offers CellEngine software, which includes TOTALeNodeB LTE and Femtotality 3G software products that provide a communication linkage between wireless end user devices and mobile core networks through small cell base stations that mobile service providers are deploying to optimize wireless network spectrum utilization and coverage. In addition, the company develops telecommunications products and applications; and DCEngine products that provide multi-rack level network functions virtualization and container based infrastructure for hosting virtualized network functions and applications under open software-defined networking control. Further, it offers legacy embedded products, including ATCA, computer-on-module express, and rack mount servers that enable the control and movement of data in 3G and LTE telecom networks and provide the hardware enablement for network elements applications; enable image processing capabilities for healthcare markets; and enable energy-efficient computing capabilities for industrial deployments. The company sells its products through direct sales, distributors, sales representatives, and system integrators in North America, Europe, the Middle East, Africa, and the Asia Pacific. Radisys Corporation was founded in 1987 and is headquartered in Hillsboro, Oregon.

  • Industry: Computer peripheral equipment
  • Country: USA
  • Market cap: $64.77 M
  • 3M gains: +4.88 %
  • Avg. Volume: 1.8 M

SendGrid, Inc. (SEND)

SendGrid, Inc. operates as a digital communication platform in the United States and internationally. Its cloud-based platform provides various tools to the businesses, including developers and marketers to reach their customers using an email.The company offers services, such as email application programming interface (API), which allow developers to use its API in their preferred development framework and to use its platform to add email functionality to their applications; marketing campaigns that allow marketers to upload and manage customer contact lists, create and test email templates, and execute and analyze email campaigns to engage customers; and expert services to help businesses optimize their email delivery. The company was founded in 2009 and is based in Denver, Colorado with additional offices in Orange, California; Redwood City, California; and London, United Kingdom.

  • Industry: Computer software
  • Country: USA
  • Market cap: $1.68 bn
  • 3M gains: +50.77 %
  • Avg. Volume: 3.7 M

SVMK Inc. (SVMK)

  • Industry: Computer software
  • Country:
  • Market cap: $1.48 bn
  • 3M gains: +13.36 %
  • Avg. Volume: 4.5 M

Atlassian Corporation Plc (TEAM)

Atlassian Corporation Plc, through its subsidiaries, provides team collaboration and productivity software solutions worldwide.It offers project tracking, content creation and sharing, real-time communication, and service management products to large and small organizations. The company's products include JIRA, a workflow management system that enables teams to plan, organize, track, and manage their work and projects; Confluence, a content collaboration platform that is used to create, share, organize, and discuss projects; HipChat that provides teams a way to communicate in real-time and share ideas, updates, codes, and files; Trello, a Web-based project management application for capturing and adding structure to fluid and fast-forming work for teams; Bitbucket, a code management and collaboration product for teams using distributed version control systems; and JIRA Service Desk, a service desk product for creating and managing service experiences for various service team providers, including IT help desks, and legal and HR teams. It also offers other tools for software developers, such as FishEye, Clover, Crowd, Crucible, Bamboo, SourceTree, and StatusPage. Atlassian Corporation Plc was founded in 2002 and is based in London, the United Kingdom.

  • Industry: Computer software
  • Country: United Kingdom
  • Market cap: $25.1 bn
  • 3M gains: +13.67 %
  • Avg. Volume: 6.7 M

Verisk Analytics, Inc. (VRSK)

Verisk Analytics, Inc. provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally.Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses. It provides fraud-detection tools for the property and casualty (P&C) insurance industry; data analytics for energy, chemicals, and metals and mining industries; and data and information services that enable enhanced compliance with environmental health and safety, as well as helps businesses and governments to anticipate and manage climate-and weather-related risks. The company's Risk Assessment segment offers solutions to P&C insurance customers and focuses on prediction of loss, and selection and pricing of risk. Its solutions include industry-standard insurance programs that help P&C insurers in defining coverage and issue policies; actuarial services to help its customers analyze and price their risks; and customized services that include assisting with the development of independent insurance programs, analysis of their own underwriting experience, development of classification systems and rating plans, and other business decisions, as well as supplies information to various customers in other markets. This segment's solutions also comprise property-specific rating and underwriting information on properties, businesses, and communities to evaluate, price, and process commercial insurance applications, including property, auto, general liability, business owner's policy, and workers compensation. The company was founded in 1971 and is headquartered in Jersey City, New Jersey.

  • Industry: EDP Services
  • Country: USA
  • Market cap: $20.39 bn
  • 3M gains: +10.59 %
  • Avg. Volume: 3.3 M

Altaba Inc. (AABA)

  • Industry: EDP Services
  • Country:
  • Market cap: $41.35 bn
  • 3M gains: +1.92 %
  • Avg. Volume: 36.9 M

Apple Inc. (AAPL)

  • Industry: Computer Manufacturing
  • Country:
  • Market cap: $805.37 bn
  • 3M gains: +8.05 %
  • Avg. Volume: 137.1 M

Adobe Inc. (ADBE)

Adobe Systems Incorporated operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content.This segment's flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company's Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, advertising and media optimization, digital experience management, cross-channel campaign management, and audience management solutions, as well as video delivery and monetization to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Print and Publishing segment offers products and services, such as eLearning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company markets and licenses its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. The company was founded in 1982 and is headquartered in San Jose, California.

  • Industry: Computer software
  • Country: USA
  • Market cap: $126.88 bn
  • 3M gains: +12.36 %
  • Avg. Volume: 10.3 M

Automatic Data Processing, Inc. (ADP)

Automatic Data Processing, Inc. provides business process outsourcing services worldwide. The company operates through two segments, Employer Services and Professional Employer Organization (PEO) Services.The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions. Its offerings include payroll services, benefits administration, talent management, HR management, time and attendance management, insurance, retirement, and tax and compliance services. This segment provides solutions via a software-and service-based delivery model, which businesses of various types and sizes can use to recruit, pay, manage, and retain employees; and serves approximately 570,000 clients via the company's cloud-based strategic software as a service offering. The PEO Services segment offers HR outsourcing solutions through a co-employment model. It offers HR administration services, such as employee recruitment, payroll and tax administration, time and attendance management, benefits administration, employee training and development, online HR management tools, and employee leave administration; and employee benefits that enable eligible worksite employees with access to group health, dental and vision coverage, 401(k) retirement savings plan, health savings accounts, flexible spending accounts, group term life and disability coverage, and employee assistance program. It also provides employer liability management services, including workers' compensation program, unemployment claims management, safety compliance guidance, access to employment practices liability insurance, and guidance on compliance with the U.S. federal, state, and local employment laws and regulations. Automatic Data Processing, Inc. has a strategic relationship with Financial Engines Inc. to offer independent advisory services to employers. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

  • Industry: EDP Services
  • Country: USA
  • Market cap: $64.54 bn
  • 3M gains: -1.57 %
  • Avg. Volume: 8.1 M

Advanced Micro Devices, Inc. (AMD)

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. Its primarily offers x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and professional graphics; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.The company provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brand names. It also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop PC solutions. In addition, the company provides discrete GPUs for desktop and notebook PCs under the AMD Radeon brand; professional graphics products under the AMD FirePro brand name; and customer-specific solutions based on AMD's CPU, GPU, and multi-media technologies. Further, it offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brand names; and semi-custom SoC products that power the Sony Playstation 4, Microsoft Xbox One, and Xbox One S game consoles. The company sells its products through its direct sales force, independent distributors, and sales representatives. It primarily serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

  • Industry: Semiconductors
  • Country: USA
  • Market cap: $23.25 bn
  • 3M gains: +21.51 %
  • Avg. Volume: 238.4 M

Avalara, Inc. (AVLR)

  • Industry: Computer software
  • Country:
  • Market cap: $3.36 bn
  • 3M gains: +7.65 %
  • Avg. Volume: 3.0 M

Alteryx, Inc. (AYX)

Alteryx, Inc. provides self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts.It offers Alteryx Designer for data preparation, blending, and analytics that could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable product for sharing and running analytic applications in a Web-based environment; and Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository. The company serves clients in business and financial services, consumer goods, healthcare, retail, technology, and travel and hospitality industries in approximately 50 countries. Alteryx, Inc. was founded in 1997 and is headquartered in Irvine, California.

  • Industry: Computer software
  • Country: USA
  • Market cap: $4.36 bn
  • 3M gains: +16.88 %
  • Avg. Volume: 7.4 M

Ceridian HCM Holding Inc. (CDAY)

  • Industry: Computer software
  • Country:
  • Market cap: $6.25 bn
  • 3M gains: +21.09 %
  • Avg. Volume: 4.6 M

Cerner Corporation (CERN)

Cerner Corporation provides health care information technology solutions and services in the United States and internationally.The company offers Cerner Millennium architecture, a person-centric computing framework, which includes clinical, financial, and management information systems that allow providers to access an individual's electronic health record (EHR) at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It also provides HealtheIntent platform, a cloud-based platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as EHR agnostic platform, CareAware, that facilitates connectivity of health care devices to EHRs. In addition, the company offers a portfolio of clinical and financial health care information technology solutions, as well as departmental, connectivity, population health, and care coordination solutions; and various complementary services, including support, hosting, managed, implementation, and strategic consulting services. Further, it provides various services, such as implementation and training, remote hosting, operational management, revenue cycle, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third party administrator services for employer-based health plans; and complementary hardware and devices for third parties. It serves integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments, and public health organizations. Cerner Corporation was founded in 1979 and is headquartered in North Kansas City, Missouri.

  • Industry: EDP Services
  • Country: USA
  • Market cap: $18.42 bn
  • 3M gains: +1.40 %
  • Avg. Volume: 8.0 M

Coupa Software Incorporated (COUP)

Coupa Software Incorporated provides cloud-based spend management platform. The company's platform connects organization with suppliers globally; and provides visibility into and control over how companies spend money, as well as enables businesses to achieve savings that drive profitability.Its platform consists of procurement, invoicing, and expense management modules that form its transactional engine and capture a company's spend under management; and offers supporting modules, including sourcing, analytics, contract management, supplier management, inventory management, and storefront that help companies further manage their spend. The company markets its platform to a range of enterprises in various industries, such as healthcare and pharmaceuticals, retail, financial services, manufacturing, technology, and others primarily through a direct sales force worldwide. Coupa Software Incorporated has a strategic alliance with Aisino Corporation. The company was founded in 2006 and is headquartered in San Mateo, California.

  • Industry: Computer software
  • Country: USA
  • Market cap: $5.66 bn
  • 3M gains: +4.18 %
  • Avg. Volume: 6.3 M

Cognizant Technology Solutions Corporation (CTSH)

Cognizant Technology Solutions Corporation provides information technology (IT), operations and technology consulting, infrastructure, and business process services worldwide.The company operates through four segments: Financial Services, Healthcare, Manufacturing\u002FRetail\u002FLogistics, and Other. Its consulting and technology services include strategy consulting, business and operations consulting, technology strategy and change management, and program management consulting services; application design and development; systems integration; and application testing, consulting, and engineering services, as well as enterprise information management services. The company also develops, licenses, implements, and supports proprietary and third-party software products for the healthcare industry, including solutions for health insurance plans, third party benefit administrators, and healthcare providers. In addition, it provides outsourcing services, such as application maintenance services; IT infrastructure services; and business process services comprising clinical data management, pharmacovigilance, equity research support, commercial operations, and order management services, as well as related services, including platform-based services. The company serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells services through its professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1994 and is headquartered in Teaneck, New Jersey.

  • Industry: EDP Services
  • Country: USA
  • Market cap: $42.19 bn
  • 3M gains: +0.89 %
  • Avg. Volume: 13.7 M

Citrix Systems, Inc. (CTXS)

Citrix Systems, Inc. delivers solutions to secure and access applications worldwide. The company offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients.Its workspace services also comprise XenMobile enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data solutions. In addition, the company offers networking products comprising NetScaler ADC, a software-defined application delivery controller and load balancer for mobile, remote, and branch users; and NetScaler SD-WAN, an integrated platform that enhances traditional enterprise applications, SaaS applications, and virtual desktops for remote users. Further, it provides content collaboration services that include ShareFile, a cloud-based file sharing and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices for businesses. Additionally, the company offers subscription, software solutions, hardware maintenance, professional consulting, and product training and certification services. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. Citrix Systems, Inc. was founded in 1989 and is headquartered in Fort Lauderdale, Florida.

  • Industry: Computer software
  • Country: USA
  • Market cap: $14.31 bn
  • 3M gains: -3.38 %
  • Avg. Volume: 6.5 M

Technology sector performance

Shares of Technology sector ETF closed this week at $92.70 and plummed a hair-raising -6.78%.

Technology sector ETF shares fell through the support line what triggered further losses. Possible next supports for XLK stock are 91.228 and 84.9215. Not so far away is the last price record Technology sector ETF marked last week. Early May, SMA20w and SMA40w crossed up triggering a rise of 18.75%. Late August 2019 XLK price bounced up over the SMA of 20 weeks that acted as support stopping new slides.

Technology sector ETF performance
3 months+5.02 %
6 months+16.77 %
1 year+31.06 %

Technology sector industries

Industry
Advertising
Computer Communications Equipment
Computer Manufacturing
Computer peripheral equipment
Computer software
Diversified Commercial Services
EDP Services
Electrical Products
Electronic Components
Industrial Machinery/Components
Professional Services
Radio And Television Broadcasting And Communicatio
Radio And Television Broadcasting And Communications Equipment
Retail: Computer Software & Peripheral Equipment
Semiconductors
Telecommunications Equipment

Novartis stock

The featured stock this month is Novartis, a leading pharma company that markets a range of healthcare products worldwide. Novartis stock made all-time highs last July, and since then the share has been sliding progressively and it's now down close to 10% from ATH.

Top performing stocks in the Technology sector

Company3M gain6M gain
Eaton+6.17 %+22.66 %
Infosys+12.11 %-2.91 %
Analog+1.99 %+4.89 %
Bilibili+54.63 %+90.18 %