Today, we have shortlisted 10 U.S. technology stocks which are sitting on ample amount of cash without any debt and have strong balance sheet. These stocks have low current ratio and solvency ratio (total liabilities to total assets) signalling strong liquidity. Moreover, these stocks have registered high Return on Assets (ROA) and Return on Equity (ROE) during 2013. We note that a majority of the shortlisted stocks have accumulated gains during the past three months with daily average trading volumes above 100,000.
|
Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
3-Month Average Volume |
3-Month Price Change |
Cash & Cash Equiv. |
Cash to Mkt Cap Ratio |
Current Ratio |
Return on Asset |
Return on Equity |
Solvency Ratio* |
|
PDF Solutions Inc |
PDFS |
NASDAQ |
632.4 |
20.72 |
181,758 |
10.1% |
101.0 |
16.0% |
9.4 |
15.7% |
17.9% |
11.6% |
|
Entegris Inc |
ENTG |
NASDAQ |
1,799.4 |
12.93 |
793,339 |
9.9% |
381.7 |
21.2% |
6.8 |
8.9% |
10.2% |
12.6% |
|
LeapFrog Enterprises Inc |
LF |
NYSE |
529.1 |
7.57 |
808,905 |
8.3% |
232.0 |
43.8% |
6.2 |
17.4% |
20.2% |
12.7% |
|
Dolby Laboratories Inc |
DLB |
NYSE |
4,468.4 |
43.91 |
427,650 |
-1.2% |
568.9 |
12.7% |
5.5 |
11.1% |
13.0% |
12.8% |
|
Plantronics Inc |
PLT |
NYSE |
2,042.5 |
47.61 |
207,936 |
10.3% |
232.7 |
11.4% |
5.7 |
14.3% |
16.7% |
13.9% |
|
Silicon Motion Technology Corp |
SIMO |
NASDAQ |
785.2 |
23.29 |
396,868 |
35.8% |
157.8 |
20.1% |
6.3 |
8.4% |
9.9% |
14.0% |
|
MKS Instruments Inc |
MKSI |
NASDAQ |
1,676.7 |
31.32 |
257,565 |
7.2% |
287.1 |
17.1% |
7.7 |
5.2% |
6.0% |
14.5% |
|
Ambarella Inc |
AMBA |
NASDAQ |
853.8 |
29.64 |
972,857 |
7.2% |
129.5 |
15.2% |
6.8 |
15.2% |
18.2% |
15.0% |
|
Lattice Semiconductor Corp |
LSCC |
NASDAQ |
872.1 |
7.41 |
1,473,086 |
-8.6% |
112.2 |
12.9% |
5.2 |
7.1% |
8.5% |
15.1% |
|
iRobot Corp |
IRBT |
NASDAQ |
1,058.3 |
35.90 |
761,283 |
2.2% |
147.7 |
14.0% |
4.1 |
5.9% |
7.4% |
18.9% |
Source: Bloomberg
*Total Liabilities to Total Assets Ratio
Company Description:
PDF Solutions Inc (NASDAQ: PDFS)
PDF Solutions, Inc. provides infrastructure technologies and services to optimize performance and improve yield of manufactured integrated circuits. The company provides its services and technologies to integrated device manufacturers such as Toshiba Corporation and Texas Instruments Incorporated.
Entegris Inc (NASDAQ: ENTG)
Entegris Inc. provides materials management products and services to the microelectronics industry on a worldwide basis. The company provides products such as wafer shippers, wafer transport and process carriers, pods, and work-in-process boxes. Entegris also provides chemical delivery products such as valves, fittings, tubing, pipe, and containers.
LeapFrog Enterprises Inc (NYSE: LF)
LeapFrog Enterprises, Inc. designs, develops and markets technology-based educational platforms with curriculum interactive software content and stand-alone products. The company’s products are for sale through retailers, distributors and directly to schools Leapfrog’s products include electronic educational games and learning books.
Dolby Laboratories Inc (NYSE: DLB)
Dolby Laboratories Inc. develops audio signal processing systems for the motion picture, broadcasting, and music recording industries, as well as the consumer market.
Plantronics Inc (NYSE: PLT)
Plantronics, Inc. designs, manufactures, and markets lightweight communications headsets and headset accessories and services. The company also manufactures and markets specialty telephone products, such as amplified telephone headsets and specialty telephones for hearing-impaired users, and noise-cancelling headsets for use in high-noise environments.
Silicon Motion Technology Corp (NASDAQ: SIMO)
Silicon Motion Technology Corporation is a semiconductor company that designs, develops, and markets semiconductor products for the multimedia consumer electronics market. The company’s products include controllers used in mobile storage media and multimedia systems on a chip.
MKS Instruments Inc (NASDAQ: MKSI)
MKS Instruments, Inc. develops, manufactures, and supplies instruments and components used to control and analyze gases in semiconductor manufacturing and similar industrial manufacturing processes. The company’s products are used to manufacture flat panel displays, magnetic and optical storage devices and media, solar cells, fiber optic cables, and diamond thin films.
Ambarella Inc (NASDAQ: AMBA)
Ambarella, Inc. manufactures high definition video compression and image processing semiconductors. The company products are used in digital still cameras, camcorders, and video-enabled mobile phones. Ambarella serves customers throughout the United States and Asia.
Lattice Semiconductor Corp (NASDAQ: LSCC)
Lattice Semiconductor Corporation designs, develops, and markets high speed programmable logic devices. The company’s products provide electronic systems customers with quickly designed, easily configured components. Lattice markets its products to original equipment manufacturers of communication, computing, industrial, and military systems.
iRobot Corp (NASDAQ: IRBT)
iRobot Corporation manufactures robots that vacuum and wash floors, and perform battlefield reconnaissance and bomb disposal. The company markets its products to consumers through retailers, and to the United States military and other government agencies worldwide.
