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3 Tech Growth Stocks to Consider

Added 07-22-20 02:04:02pm EST - “They have improved their most recent quarterly top and bottom lines significantly Continue reading...” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “3 Tech Growth Stocks to Consider”. Below is an excerpt from the article.

Tech growth investors may want to consider the following stocks, as they have improved their quarterly revenue and net income tremendously on a year over year basis.

The first company to consider is JinkoSolar Holding Co Ltd (NYSE:JKS), a Chinese producer of photovoltaic products.

The company saw its quarterly revenue grow by 45.7% year-over-year to 8.48 billion Chinese yuan ($1.2 billion) as of the first quarter of 2020, up from 5.82 billion Yuan in the first quarter of 2019. The net income grew by more than six-fold to 282.44 million Yuan, up from 40.19 million Yuan in the prior year quarter.

The stock price traded at $20.33 per share at close on July 21 for a market capitalization of $903.26 million and a 52-week range of $11.42 to $28.84.

GuruFocus assigned a moderate rating of 4 out of 10 for the company's financial strength and a positive rating of 6 out of 10 for its profitability.

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