10 Software Company Stocks that I personally invested in
Choosing a stock that is going to earn profit for you this year and beyond is not easy. It takes research, effort, and expertise to come up with a stock that will perform well in uncertain markets too. The 10 stocks I will be reviewing here are those that I have personally invested in. For the purpose of review, I'll be looking at the share price performance of these stocks and see which ones posted great returns and which lagged behind.
It's not just about being able to invest in a stock and make a profit, though; it's more about finding out if the company has been doing well or if there's a hidden agenda. Here are my 10 recommended software company stocks for investment:
1. CSCO- Cisco Systems Inc.
- Stock price: CSCO (NASDAQ) US$45.05
- Revenue: 49.81 billion USD (2021)
Cisco Systems, Inc., commonly known as Cisco, is an American multinational technology conglomerate corporation headquartered in San Jose, California. It is the world's largest networking company, providing networking equipment, voice and optical products, and other networking services to businesses.
Cisco Systems was founded in December 1984 by Leonard Bosack, who was in charge of the Stanford University computer science department's Pupin Hall graduate program, and Sandy Lerner, who managed the Stanford University computer science department's computers. Cisco's stock now trades at 13 times the midpoint of its EPS estimate for fiscal 2022, and it pays a high forward dividend yield of 3.6%. That low valuation and high yield might limit its downside potential, but it will likely remain in the penalty box until its revenue growth and margins stabilize again.
2. GOOGL- Alphabet Inc. Class A
- Stock price: GOOGL (NASDAQ) US$2,355.82
- Revenue: 257.6 billion USD (2021)
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The Alphabet Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the long-term average is above the short-term average, there is a general sell signal in the stock giving a more negative forecast for the stock.
3. MSI- Motorola Solutions Inc.
- Stock price: MSI (NYSE) US$217.92
- Revenue: 1.89B (April 2022)
Motorola Solutions, Inc. is American video equipment, telecommunications equipment, software, systems, and services provider that succeeded Motorola, Inc., following the spinoff of the mobile phone division into Motorola Mobility in 2011. The company is headquartered in Chicago, Illinois. Out of 8 analysts, 5 (62.5%) are recommending MSI as a Strong Buy, 2 (25%) are recommending MSI as a Buy, 1 (12.5%) are recommending MSI as a Hold, 0 (0%) are recommending MSI as a Sell, and 0 (0%) are recommending MSI as a Strong Sell.
4. NLOK- NortonLifeLock Inc.
- Stock price: NLOK (NASDAQ) US$24.59
- Revenue: 2.49 billion USD (2020)
NortonLifeLock Inc., formerly known as Symantec Corporation, is an American software company headquartered in Tempe, Arizona, United States. The company provides cybersecurity software and services. NortonLifeLock is a Fortune 500 company and a member of the S&P 500 stock-market index. The 5 analysts offering 12-month price forecasts for NortonLifeLock Inc. have a median target of 27.00, with a high estimate of 29.00 and a low estimate of 25.90. The median estimate represents a +8.91% increase from the last price of 24.79.
5. INPX- Inpixon
- Stock price: INPX (NASDAQ) US$0.18
- Revenue: 5.23M (March 2022)
Inpixon operates as a technology product company. The Company provides indoor positioning and data analytics to improve security, manage assets, and discover opportunities by combining data from the physical and digital worlds. The Inpixon stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.
6. MSFT- Microsoft Corporation
- Stock price: MSFT (NASDAQ) US$270.88
- Revenue: 168 billion USD (2021)
Microsoft Corporation is an American multinational technology corporation that produces computer software, consumer electronics, personal computers, and related services. Microsoft has received a consensus rating of Buy. The company's average rating score is 2.97 and is based on 28 buy ratings, 1 hold rating, and no sell ratings. MSFT is 6% undervalued today, making it a potentially good buy, with about 17% long-term return potential, similar to what it's delivered for decades. MSFT is the best example of how, rather than fear bear markets, you should embrace their amazing buying opportunities.
7. AMZN- Amazon.com, Inc.
- Stock price: AMZN (NASDAQ) US$120.09
- Revenue: 469.8 billion USD (2021)
Amazon.com, Inc. is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world" and is one of the world's most valuable brands. Believes is a good long-term hold. The recent earnings report is not that bad. The valuation of Amazon shares poses an investment risk. At nearly $3,000 a share as of July 2020, Amazon is a highly speculative investment with a market cap of over $1 trillion and a trailing P/E ratio of 138x earnings.
8. META- Meta Platforms Inc.
- Stock price: META (NASDAQ) US$191.59
- Revenue: 85.96 billion USD (2020)
Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, Inc., and The Facebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. Meta's 2021 revenue jumped 37% YoY to $118 billion, and its adjusted earnings came in 36% higher. Looking ahead, Zacks estimates call for FB's revenue to pop 10.4% in FY22 and another 18% in FY23, both of which mark FB's slowest YoY growth as a public company.
9. IBM- IBM Common Stock
- Stock price: IBM (NYSE) US$140.10
- Revenue: 57.35 billion USD (2021)
International Business Machines Corporation is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries. The 17 analysts offering 12-month price forecasts for International Business Machines Corp have a median target of 145.00, with a high estimate of 185.00 and a low estimate of 115.00. The median estimate represents a +4.43% increase from the last price of 138.85. IBM has proven to be an enduringly successful company. Originally founded as the Computing-Tabulating-Recording Company way back in 1911, it adopted its current name in 1924, and in 2018 it still ranked in the top 20 on Forbes' list of the world's most valuable brands with a value of $32.1 billion.
10. ORCL- Oracle Corporation
- Stock price: ORCL (NYSE) US$70.80
- Market Value: 189.12B
Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle will be the third-largest software company in the world by revenue and market capitalization. Oracle is profitable, has defensive growth, and is less cyclical because many of its sales/revenues are recurring. Their recent acquisition was good. Also, the stock has been beaten up, so it's now a good entry point. The 22 analysts offering 12-month price forecasts for Oracle Corp have a median target of 89.00, with a high estimate of 126.00 and a low estimate of 70.00. The median estimate represents a +21.72% increase from the last price of 73.12.
Make the Right choices for Software Stocks
The software industry is one of the fasted growing industries. While software is essential to human society, it has grown as a source of wealth as well as an engine of innovation. Wide-ranging economic developments and the low cost of digital services have transformed information and communication into a new kind of business that is shaping our lives in fundamental ways. The companies in this industry are focused on developing, marketing, and providing various types of software, including operating systems, application software, and web applications.