US Economy Adds 153,000 Jobs, Rebounding After Strike and Hurricane Disruptions.What tech stocks stand to benefit from US job growth?
1/10/2025 04:56pm
The U.S. economy's recent rebound, with 153,000 new jobs added, presents a favorable environment for tech stocks that are poised to capitalize on the growing workforce and technological trends. Based on your interest in tech stocks, we should focus on the following sectors:
1. **Information Technology**
- This sector is expected to continue its growth trajectory, driven by increasing demand for digital services and products.
2. **Software and Services**
- As businesses and individuals adapt to the evolving digital landscape, software and services that enhance productivity, communication, and data management are likely to see significant growth.
3. **Artificial Intelligence and Machine Learning**
- Industries such as healthcare and construction are anticipated to leverage AI and ML for improved efficiency and decision-making, creating opportunities for tech companies specializing in these areas.
To identify specific stocks that may benefit from this trend, we screened the technology sector for stocks with strong recent performance. Here are some potential candidates:
|code|stock code|stock name|Last Price|Last Change|GICS Sector|market_code|
|---|---|---|---|---|---|---|
|NTCL|NTCL.O|NetClass Technology|6.69|18.722272|Information Technology|186|
|LCFY|LCFY.O|Locafy|9.05|17.838542|Information Technology|186|
|TURB|TURB.O|Turbo Energy|2.39|11.682243|Information Technology|186|
|ATGL|ATGL.O|Alpha Technology|16.7|9.868421|Information Technology|186|
|VRME|VRME.O|Verifyme|1.68|9.803922|Information Technology|186|
|GDS|GDS.O|GDS Holdings|28.84|8.994708999999999|Information Technology|185|
|ADTN|ADTN.O|Adtran|10.49|8.817427|Information Technology|185|
|KARO|KARO.O|Karooooo|50|6.1120540000000005|Information Technology|186|
|VLN|VLN.N|Valens Semiconductor|3.13|6.101695|Information Technology|169|
|RMNI|RMNI.O|Rimini Street|2.7|5.46875|Information Technology|185|
These stocks have shown resilience and growth in the face of recent economic challenges, positioning them well to benefit from the ongoing U.S. job growth and technological advancements.