Finance

Tech Stocks to Watch This Month: CDW Corp (NASDAQ:CDW), Ambarella Inc (NASDAQ:AMBA), and Qlik Technologies Inc (NASDAQ:QLIK)

For some investors, getting a small return is not acceptable. They want to know the stocks they put money into are going to perform well. A good indication of that value is its trailing performance. An investor can look at rate of growth in relation to its initial value. Growth is usually represented in percentages. Three stocks in the tech industry to keep eyes on this month are CDW Corp (NASDAQ:CDW), Ambarella Inc (NASDAQ:AMBA), and Qlik Technologies Inc (NASDAQ:QLIK).

CDW Corp (NASDAQ:CDW) had a price movement that was below typical volume; it was 3.07 million shares, which was less than its usual daily volume of 943,375.00 shares. To date this year, the total return has been 9.84%. Over the past 12 months, the stock has boosted 294.49% and had a new low of $27.59, which happened on October 15 of last year. The stock moved across its SMA 200 of $36.60 during last session. At closing time, it had an upbeat performance of 15.97%.

Ambarella Inc (NASDAQ:AMBA) is the second tech stock to analyze. During last trading session, it wavered between $112.45 and $117.70. It closed at $113.10 for price, which is higher than the SMA 200 of $81.59. Over the last 52 weeks, its high was $129.19, which happened on July 23 of this year, and the low during that period was $27.58, which occurred on August 5, 2015. As for the P/S ratio, it is -14.57, with P/B ratio of -13.56. This stock has a downbeat performance currently of -5.32%; it has maintained at 11.75% over the past month.

Qlik Technologies Inc (NASDAQ:QLIK) had a high volume of trade during its last session. It had a shares volume of 1.11 million, with its typical daily volume being 1.35 million. Shares are lower than their peak price that came on April 24 of this year (at $39.32). The SMA 200 has moved at about $34.09 and $37.49 for its SMA 50. The downbeat performance for the stock, at last close, was -0.05%, with 13.33% maintained over the last one month.

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