Market Overview

10 Technology Companies that Matter

 

At Faith-Based Investor, we search for companies our investors can be “proud to own”.  This involves a thorough financial and moral analysis to find companies with good investment potential without sacrificing our clients’ morals and values. 

In the technology space, we desire to find companies that matter. We want to find companies that are making a difference and improving the world we live in. Whether its online security or making things move faster and better, technology can enhance our daily lives. 

Each night, our financial models search the globe for companies that we have pre-screened that have great upside potential and are riding the waves of momentum.  This past week, here are the companies that made it on our radar screen:

Arrow Electronics (NYSE: ARW):Arrow Electronics, Inc. distributes products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company's Global Components segment distributes electronic components used in defense and aerospace applications; semiconductors and electromechanical devices; and Broadcom-based components, as well as interconnect products, including specialty wire, cable, and harness management solutions to the aerospace and defense markets.

Cognizant Technologies (NASDAQ: CTSH):  Cognizant Technology Solutions Corporation provides information technology (IT) consulting and technology services, as well as outsourcing services in North America, Europe, and Asia. Its IT consulting and technology services include business and knowledge process consulting; IT strategy consulting; technology consulting; application design, development, integration, and re-engineering, such as complex custom systems development, data warehousing/business intelligence, customer relationship management (CRM) system implementation, and enterprise resource planning (ERP) system implementation; and software testing services.

F5 Networks (NASDAQ: FFIV):F5 Networks, Inc. provides technology that optimizes the delivery of network-based applications, and the security, performance, and availability of servers, data storage devices, and other network resources in the Americas, EMEA, Japan, and the Asia Pacific. The company offers BIG-IP, an application delivery controller; VIPRION, a chassis-based application delivery controller; and FirePass, an appliance that provides SSL VPN access for remote users of Internet protocol networks, and applications connected to those networks from Web browser on any device.

Fortinet Inc (NASDAQ: FTNT): Fortinet, Inc., together with its subsidiaries, provides network security appliances and unified threat management (UTM) network security solutions to enterprises, service providers, and government entities worldwide. The company’s flagship UTM solution consists of FortiGate appliance products that offer a set of security and networking functions, including firewall, virtual private network, antivirus, intrusion prevention, Web filtering, antispam, and wide area network acceleration.

 

Juniper Networks, Inc. (NASDAQ: JNPR): Juniper designs, develops, and sells products and services that provide network infrastructure used for the deployment of services and applications over a single Internet Protocol (IP) based network worldwide. The company’s Infrastructure segment provides routing and switching products that control and direct network traffic. Its products include IP routing and carrier Ethernet routing portfolio, and Ethernet switching portfolio comprising T-series, M-series, E-series, MX-series, and EX-series, as well as JCS, TX, and TX plus products. The company’s SLT segment offers firewall virtual private network systems and appliances, SRX services gateways, secure socket layer virtual private network appliances, intrusion detection and prevention appliances, the J-series router product family, and wide area network optimization platforms.

Microchip Technology Incorporated (NASDAQ: MCHP):Microchip Technology, together with its subsidiaries, develops, manufactures, and sells semiconductor products for various embedded control applications. It offers a family of microcontroller products that include 8-bit, 16-bit, and 32-bit PIC microcontrollers; and 16-bit dsPIC digital signal controllers, which feature on-board flash memory technology. The company also provides a set of application development tools that enable system designers to program a PIC microcontroller and dsPIC DSC for specific applications. In addition, it offers analog and interface products, which consist of various families with approximately 600 power management, linear, mixed-signal, thermal management, safety and security, and interface products.

Network Appliances (NASDAQ: NTAP): NetApp, Inc. provides enterprise storage and data management software and hardware products and services in the United States and internationally. The company provides solutions for storing, managing, protecting, and archiving business data. It offers fabric-attached storage and V-series storage solutions that support mix of storage area network, network-attached storage, and Internet small computer system interface environments; storage management and application integration software; FAS storage systems family, which are unified networked storage systems that provide access to enterprise data for users on various platforms; and V-Series Family, a network-based virtualization solution.

Open Text Corporation (NASDAQ: OTEX):Open Text Corporation develops, markets, sells, licenses, and supports enterprise content management (ECM) solutions primarily in North America and Europe. The company’s ECM software and solutions enable customers to manage various types of enterprise content, including business documents, Web content, records, digital assets, email, forms and reports, forums, blogs, wikis, and real time instant messaging and collaboration.

Pegasystems Inc. (NASDAQ: PEGA): Pegasystems Inc. develops, markets, licenses, and supports software to automate various business processes worldwide. The company offers PegaRULES Process Commander (PRPC) that provides capabilities designed to model, execute, monitor, and analyze results. PRPC also enables to solve various business process management problems, including acquiring new business, providing customer service, creating a servicing backbone for enterprise-wide processing, and managing risk, fraud, and compliance with regulatory requirements.

Salesforce.com (NYSE: CRM): salesforce.com, inc. provides customer and collaboration relationship management (CRM) services to various businesses and industries worldwide. It also offers a technology platform for customers and developers to build and run business applications. The company’s Salesforce CRM services enable customers and subscribers to record, store, analyze, share, and act upon business data, and to help businesses manage customer accounts, track sales leads, evaluate marketing campaigns, and provide post-sales service.

 

As you can this week’s list has some pretty heavy hitters in the technology world.  We are looking for companies that have better downside protection, as the markets have been trending down the past 5 weeks.  This trend may very well continue so we want to find companies that can weather the storm that may be brewing…

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Jay Peroni, renowned financial advisor and author of The Faith-Based Millionaire and The Faith-Based Investor, is an expert authority on the subject of "Faith-Based Investing." As Founder of

Posted-In: Long Ideas Tech Personal Finance

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