Top 5 NYSE Stocks In The Technology Sector With The Highest Profit Margins (CYOU, PWRD, STV, CRIC, EBIX)
Below are the top technology stocks on the NYSE in terms of profit margins.
The trailing-twelve-month profit margins at Hutchison Telecommunications International Ltd (NYSE: HTX) stand at 266.16%. HTX’s shares have lost 12.10% over the past 52 weeks, while the S&P 500 index has jumped 47.05% in the same period. Analysts at Credit Suisse upgraded HTX from “underperform” to “neutral.” Read more about this company here.
The trailing-twelve-month profit margins at Abovenet Inc (NYSE: ABVT) stand at 78.2%. ABVT’s quarterly earnings growth is 1096.00% y/y. ABVT had announced the successful deployment of fiber optic infrastructure solutions for CACI International Inc (NYSE: CACI) to support new corporate facilities in Virginia. Read more about this company here.
The trailing-twelve-month profit margins at China Digital TV Holding Co Limited (NYSE: STV) stand at 40.78%. STV’s shares have gained 6.09% over the past 52 weeks, while the S&P 500 index has jumped 47.05% in the same period. Analysts at Auriga initiated coverage of STV with a “buy” rating. Read more about this company here.
The trailing-twelve-month profit margins at Longtop Financial Technologies Limited (NYSE: LFT) stand at 37.22%. LFT’s quarterly earnings growth is 79.80% y/y. Analysts at Janney Montgomery Scott initiated coverage of LFT with a “buy” rating. Read more about this company here.
The trailing-twelve-month profit margins at Corning Incorporated (NYSE: GLW) stand at 40.03%. GLW’s quarterly earnings growth stands at 197.20% y/y. GLW had launched a year-long anniversary celebration of the company’s world-changing invention of low-loss optical fiber. Read more about this company here.
