Technology sector

XLK stock price: $74.07 -1.74% At close on May 20th, 2019

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 627 companies with a total market capitalization of $8.24 tn

Companies

Apple Inc. (AAPL)

  • Industry: Computer Manufacturing
  • Country:
  • Market cap: $805.37 bn
  • 3M gains: +6.26 %
  • Avg. Volume: 132.0 M

Analog Devices, Inc. (ADI)

Analog Devices, Inc. designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits (ICs), algorithms, software, and subsystems.It offers data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; high-performance amplifiers to condition analog signals; and radio frequency ICs to support cellular infrastructure. The company also provides MEMS technology solutions, including accelerometers used to sense acceleration, gyroscopes to sense rotation, and inertial measurement units to sense multiple degrees of freedom. In addition, it offers isolators for various applications, such as universal serial bus isolation in patient monitors; and smart metering and satellite applications. Further, the company provides power management and reference products; and digital signal processing products for high-speed numeric calculations. Its products are used in electronic equipment, including industrial process control systems, medical imaging equipment, factory automation systems, patient monitoring devices, instrumentation and measurement systems, wireless infrastructure equipment, energy management systems, networking equipment, aerospace and defense electronics, optical systems, automobiles, and portable electronic devices. The company serves clients in industrial, automotive, consumer, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, rest of North\u002FSouth America, Europe, Japan, China, and rest of Asia, as well as through its Website. It has a collaboration with TriLumina Corp. to provide illuminator modules for automotive flash LiDAR systems. Analog Devices, Inc. was founded in 1965 and is headquartered in Norwood, Massachusetts.

  • Industry: Semiconductors
  • Country: USA
  • Market cap: $38.59 bn
  • 3M gains: -7.47 %
  • Avg. Volume: 13.0 M

Aercap Holdings N.V. (AER)

AerCap Holdings N.V., an independent aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in China, the United States, Ireland, and internationally.The company provides aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews. Its aircraft asset management services also comprise periodically inspecting the leased aircraft; coordinating technical modifications to aircraft to meet new lessee requirements; conducting restructurings negotiations in connection with lease defaults; repossessing aircraft; arranging and monitoring insurance coverage; registering and de-registering aircraft; arranging for aircraft and aircraft engine valuations; and providing market research services. In addition, the company offers cash management services, including treasury services, such as the financing, refinancing, hedging, and ongoing cash management of vehicles; and administrative services comprising accounting and secretarial services consisting of the preparation of budgets and financial statements, and liaising with the rating agencies. Further, it provides engine leasing; certified aircraft engines, airframes, and engine parts; and supply chain solutions. Additionally, the company sells airframe parts to airlines, maintenance, repair, and overhaul service providers, as well as aircraft parts distributors. As of December 31, 2016, it owned a fleet of 1,022 aircraft. AerCap Holdings N.V. was founded in 1995 and is headquartered in Dublin, Ireland.

  • Industry: Diversified Commercial Services
  • Country: Netherlands
  • Market cap: $7.01 bn
  • 3M gains: +6.73 %
  • Avg. Volume: 5.6 M

Avalara, Inc. (AVLR)

  • Industry: Computer software
  • Country:
  • Market cap: $3.36 bn
  • 3M gains: +31.75 %
  • Avg. Volume: 4.4 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: +19.65 %
  • Avg. Volume: 5.4 M

Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide.The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel simulation platform; Palladium Z1, a verification computing platform; and Protium S1 field-programmable gate array prototyping platform. The company also provides digital integrated circuit (IC) design products, such as logic design products for chip planning, design, verification, and test technologies and services; physical implementation tools, including place and route, signal integrity, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry, as well as design for manufacturing products for use in the product development process. In addition, it offers custom IC design and verification products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system interconnect design products to develop printed circuit boards and IC packages. Further, the company provides design intellectual property (IP) products consisting of pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models for use in system-level verification to model correct behavior of full systems interacting with their environments. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

  • Industry: Computer software
  • Country: USA
  • Market cap: $14.58 bn
  • 3M gains: +14.23 %
  • Avg. Volume: 10.3 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: +15.53 %
  • Avg. Volume: 6.4 M

Cisco Systems, Inc. (CSCO)

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide.The company offers switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. It also provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, series, fabric interconnects, and management software solutions; wireless products consisting of wireless access points, WLAN controllers, cloud and appliances based services, and integrated software services. In addition, the company offers security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers a distributed file system for hyperconvergence that enables server-based storage systems; service provider video software and solutions; and technical support services and advanced services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

  • Industry: Computer Communications Equipment
  • Country: USA
  • Market cap: $217.61 bn
  • 3M gains: +12.49 %
  • Avg. Volume: 93.7 M

CyberArk Software Ltd. (CYBR)

CyberArk Software Ltd. develops, markets, and sells software-based IT security solutions that protect organizations from cyber attacks in the United States and internationally.The company offers privileged account security solution to secure, manage, and monitor account access and activities. Its privileged account security solution consists of Enterprise Password Vault that provides a tool to manage and protect physical, virtual, or cloud-based assets; SSH Key Manager to store, rotate, and control access to SSH keys for preventing unauthorized access to privileged accounts; Privileged Session Manager that protects servers, applications, databases, and hypervisors from malware; and Privileged Threat Analytics that profiles and analyzes individual privileged user behavior and creates prioritized alerts when abnormal activity is detected. The company also provides Application Identity Manager, which addresses the challenges of hard-coded, embedded credentials, and cryptographic keys being hijacked and exploited by malicious insiders or external cyber attackers; Endpoint Privilege Manager that offers Windows least privilege management and application control software; Cybertinel, which provides cyber security services; and On-Demand Privileges Manager to limit the breadth of access of Unix\u002FLinux administrative accounts. In addition, it offers Shared Technology Platform that integrates operating systems, databases, network devices, security appliances, hypervisors, applications, industrial control systems, and application servers in the datacenter or the cloud; sensitive information management solutions; and software maintenance and support, and consulting services. The company offers its products to energy and utilities, financial services, healthcare, manufacturing, retail, technology, and telecommunications industries, as well as government agencies through resellers and distributors. The company was founded in 1999 and is headquartered in Petach Tikva, Israel.

  • Industry: Computer software
  • Country: Israel
  • Market cap: $3.7 bn
  • 3M gains: +20.76 %
  • Avg. Volume: 4.2 M

Tableau Software, Inc. (DATA)

Tableau Software, Inc. provides business analytics software products. It offers Tableau Desktop, a self-service analytics product that empowers people to access and analyze data independently; and Tableau Server, a business intelligence platform with data management and scalability to foster sharing of analytics, as well as to improve the dissemination of information across an organization and promote improved decision-making.The company also provides Tableau Online, a hosted SaaS version of Tableau Server; and Tableau Public, a cloud-based platform that allows users of various backgrounds, such as bloggers, journalists, researchers, and government workers to visualize public data on their Websites. In addition, it offers Vizable that turns data into graphs, as well as allows it to be shared from an iPad; Live Query Engine, which interprets abstract queries generated by VizQL into syntax understandable by popular database systems; In-Memory data engine that allows to analyze large amounts of data independently of database systems; and maintenance and support, training, and professional services. The company serves organizations in various industries, including business services, energy and telecommunications, financial services, life sciences and healthcare, manufacturing and technology, media and entertainment, public sector, education, retail, consumer, and distribution industries. It sells its products directly, as well as through indirect sales channels, such as technology vendors, resellers, original equipment manufacturers, and independent software vendor partners in the United States, Australia, Canada, China, France, Germany, India, Ireland, Japan, Singapore, the United Kingdom, and internationally. Tableau Software, Inc. was founded in 2003 and is headquartered in Seattle, Washington.

  • Industry: Computer software
  • Country: USA
  • Market cap: $10.87 bn
  • 3M gains: -10.36 %
  • Avg. Volume: 5.0 M

Dell Technologies Inc. (DELL)

  • Industry: Computer Manufacturing
  • Country:
  • Market cap: $39.07 bn
  • 3M gains: +21.04 %
  • Avg. Volume: 8.5 M

Dover Corporation (DOV)

Dover Corporation provides equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services worldwide.The company operates in four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment provides solutions and services for the production and processing of fuels for drilling and production, bearings and compression, and automation end markets. The Engineered Systems segment offers precision marking and coding, digital textile printing, soldering and dispensing equipment, and related consumables and services; and automation components, including manual clamps, power clamps, rotary and linear mechanical indexers, conveyors, pick and place units, glove ports, and manipulators, as well as end-of-arm robotic grippers, slides, and end effectors for fast-moving consumer goods, digital textile printing, vehicle service, environmental solutions, and industrials end markets. The Fluids segment focuses on the safe handling of critical fluids across the retail fueling, chemical, hygienic, oil and gas, and industrial markets. This segment also manufactures connectors for use in various bio-processing applications; and pumps and compressors that are used to transfer liquid and bulk products in various markets, including refined fuels, liquefied petroleum gas, food\u002Fsanitary, transportation, and chemical process industries. The Refrigeration & Food Equipment segment manufactures refrigeration systems, refrigeration display cases, specialty glass, commercial glass refrigerator and freezer doors, and brazed heat exchangers; and electrical distribution products and engineering services, commercial food service equipment, cook-chill production systems, custom food storage and preparation products, kitchen ventilation systems, conveyer systems, and beverage can-making machinery. The company was founded in 1947 and is headquartered in Downers Grove, Illinois.

  • Industry: Industrial Machinery/Components
  • Country: USA
  • Market cap: $13.18 bn
  • 3M gains: +2.72 %
  • Avg. Volume: 4.3 M

Ellie Mae, Inc. (ELLI)

Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States.The company provides Encompass, a proprietary software solution that combines loan origination and enterprise management software for mortgage originators into a system, as well as access to investors, lenders, and service providers on the Ellie Mae Network. Its Encompass solutions and services comprise Ellie Mae Total Quality Loan Program that offers fraud detection, valuation, validation, and risk analysis services; Encompass CenterWise, Encompass Compliance Service, and Encompass Docs Solution as integrated components; Encompass Docs Solution, a disclosure and closing document preparation solution; and Encompass Compliance Service to analyze mortgage loan data for compliance with consumer protection laws and institutionally mandated compliance policies. The company's Encompass solutions and services also include Encompass Product and Pricing Service to compare loans offered by lenders and investors; Encompass Flood Service to order and transfer flood zone determination; Encompass CRM to manage contacts, leads, and marketing campaigns; Encompass 4506-T Service, an integrated income verification solution; Encompass Appraisal Central to order, track, and retrieve appraisal reports; and Encompass Fraud Service to order collateral and non-collateral based fraud risk reports. In addition, it offers Encompass Consumer Connect enables lenders to deliver an online loan origination experience for borrowers; Encompass TPO WebCenter for loan level interaction; Encompass TPO Connect, which provides a Web experience for wholesale and correspondent lending channels; and Encompass Loan Officer Connect used for loan officers. Further, the company offers research and reference, education, documentation, and data and analytics products under the AllRegs brand. Ellie Mae, Inc. was founded in 1997 and is headquartered in Pleasanton, California.

  • Industry: Computer software
  • Country: USA
  • Market cap: $3.44 bn
  • 3M gains: +35.40 %
  • Avg. Volume: 6.9 M

Enphase Energy, Inc. (ENPH)

Enphase Energy, Inc., together with its subsidiaries, designs, develops, and sells microinverter systems for residential and commercial markets in the United States and internationally.The company's semiconductor-based microinverter system converts direct current electricity to alternating current (AC) electricity at the individual solar module level. It also offers energy storage systems, including its AC battery; and energy monitoring and control services. The company sells its microinverter systems primarily to distributors, as well as directly to large installers through original equipment manufacturers and strategic partners. Enphase Energy, Inc. has a strategic partnership with Panasonic Corporation of North America for the development of AC modules. The company was founded in 2006 and is headquartered in Petaluma, California.

  • Industry: Semiconductors
  • Country: USA
  • Market cap: $814.47 M
  • 3M gains: +83.93 %
  • Avg. Volume: 11.3 M

Facebook, Inc. (FB)

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide.Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application. The company also offers Oculus virtual reality technology and content platform, which allows people to enter an immersive and an interactive environment to train, learn, play games, consume content, and connect with others. As of December 31, 2017, it had approximately 1.40 billion daily active users. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

  • Industry: Computer software
  • Country: USA
  • Market cap: $467.91 bn
  • 3M gains: +12.87 %
  • Avg. Volume: 77.2 M

Fortinet, Inc. (FTNT)

Fortinet, Inc. provides cybersecurity solutions for enterprises, service providers, and government organizations worldwide.The company offers FortiGate physical and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, Web filtering, anti-spam, and wide area network acceleration; FortiManager product family to provide a central management solution for FortiGate products comprising software updates, configuration, policy settings, and security updates; and the FortiAnalyzer product family, which offers a single point of network log data collection. It also provides FortiAP secure wireless access points; FortiWeb, a Web application firewall; FortiMail email security; FortiDB database security appliances; FortiClient, an endpoint security software; and FortiSwitch secure switch connectivity products. In addition, the company provides FortiSandbox advanced threat protection solutions; FortiDDos and FortiDB database security appliances; and FortiSIEM family of products to provide a cloud-ready security information and event management (SIEM) solution for enterprises and service providers. Further, it offers security subscription, technical support, training, and professional services. The company was founded in 2000 and is headquartered in Sunnyvale, California.

  • Industry: Computer peripheral equipment
  • Country: USA
  • Market cap: $14.17 bn
  • 3M gains: -6.27 %
  • Avg. Volume: 7.7 M

GoDaddy Inc. (GDDY)

GoDaddy Inc. designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the United States and internationally.It provides domain name registration product that enables to engage customers at the initial stage of establishing a digital identity; hosting and presence products, such as shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, and security. The company also offers Website builder, an online tool that enables customers to build Websites; online store product that allows customers to create their own standalone Website with an integrated online store optimized for mobile shopping; and search engine visibility product that helps customers get their Websites found on search sites through search engine optimization. In addition, the company offers business application products, including Microsoft Office 365, email accounts, email marketing, and telephony services. GoDaddy Inc. was incorporated in 2014 and is headquartered in Scottsdale, Arizona.

  • Industry: EDP Services
  • Country: USA
  • Market cap: $12.36 bn
  • 3M gains: -2.36 %
  • Avg. Volume: 7.6 M

Alphabet Inc. (GOOG)

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services.It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality. This segment also offers digital content, enterprise cloud services, and hardware products, as well as other miscellaneous products and services. The Other Bets segment includes businesses, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X, as well as fiber Internet and Television services. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California.

  • Industry: Computer software
  • Country: USA
  • Market cap: $779.77 bn
  • 3M gains: +2.56 %
  • Avg. Volume: 6.6 M

Alphabet Inc. (GOOGL)

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services.It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality. This segment also offers digital content, enterprise cloud services, and hardware products, as well as other miscellaneous products and services. The Other Bets segment includes businesses, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X, as well as fiber Internet and Television services. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California.

  • Industry: Computer software
  • Country: USA
  • Market cap: $785 bn
  • 3M gains: +2.52 %
  • Avg. Volume: 7.4 M

Integrated Device Technology, Inc. (IDTI)

Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial, and Internet-of-things end-markets.It operates in two segments, Communications; and Computing, Consumer, and Industrial. The Communications segment offers clocks and timing solutions; flow-control management devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and frequency control solutions. The Computing, Consumer, and Industrial segment provides clock generation and distribution products, programmable timing devices, computing timing solutions, high-performance server memory interfaces, PCI Express switching solutions, power management solutions, and signal integrity products, as well as sensing products for mobile, automotive, and industrial solutions. The company markets its products primarily to original equipment manufacturers through various channels, including direct sales, distributors, electronic manufacturing suppliers, and independent sales representatives. Integrated Device Technology, Inc. was founded in 1980 and is headquartered in San Jose, California.

  • Industry: Semiconductors
  • Country: USA
  • Market cap: $6.27 bn
  • 3M gains: +1.37 %
  • Avg. Volume: 13.1 M

Technology sector performance

Technology sector ETF shares decreased -1.74% this week, ending at $74.07. For 3 weeks in a row, price slid and lost a -6.07%.

XLK marked an uptrend of rising tops and rising bottoms. Since its last top late April at $79.70, price slid and bounced up back from $73.10. Breaking down under $73.10 would cancel the current uptrend and it might test lower supports. Note that $79.70 might act as a resistance line. Not so far away is the last all-time high Technology sector ETF marked late April. Since early May when SMA20w and SMA40w crossed up, XLK price slipped $-4.77 per share (-6.05%). Since mid February when XLK stock price broke up the SMA40w line, it gained $6.30 (9.30%).

Technology sector ETF performance
3 months+5.20 %
6 months+16.46 %
1 year+7.74 %

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

Top performing stocks in the Technology sector

Company3M gain6M gain
Adobe+6.39 %+22.12 %
Fiserv+2.53 %+13.41 %
Microsoft+14.16 %+23.44 %
Red Hat+1.55 %+6.00 %