Zacks Analyst Blog Features UiPath, Five9, Innodata, Fastly, and Jabil

Zacks highlights five tech stocks with strong growth potential amid market volatility

Zacks Analyst Blog Features UiPath, Five9, Innodata, Fastly, and Jabil
Zacks Analyst Blog Features UiPath, Five9, Innodata, Fastly, and Jabil

Chicago: So, Zacks just dropped a list of stocks that are making waves in the market. They’re focusing on some smaller tech companies that are really pushing the envelope in areas like AI and cloud computing.

The market’s been a bit shaky lately, especially for tech stocks, which had a great run before. Experts are worried about how high these tech valuations are, especially with the Fed’s interest rate plans. But hey, the tech sector is still buzzing with innovation, and that’s a good sign for the long haul.

Zacks is suggesting that now might be a good time to look at smaller and mid-sized stocks in this space. They’ve highlighted five companies: UiPath, Five9, Innodata, Fastly, and Jabil. Each of these has a solid Zacks Rank, which is a good indicator of their potential.

The U.S. economy is still looking strong, with good job numbers and retail sales. This could help support the stock market, even with some bumps along the way.

These five companies are expected to see some nice growth in earnings and revenue this year. For instance, UiPath is all about automation and has some cool AI features. Five9 is making waves in the cloud contact center space, and Innodata is all about data engineering. Fastly is focused on cloud computing and security, while Jabil is doing well in the data center market.

So, if you’re thinking about investing, these stocks might be worth a look. They’ve got some promising growth ahead, and Zacks is keeping an eye on them.

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