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The Top 8 Software stocks to own in August 2019

Today article will analyze 8 Software isntruments to have in your portfolio in August 2019. I will specifically cover the following equities: Tableau Software, Total System Services, Dropbox, Synopsys, Citrix Systems, Ansys, Intuit, and Cadence Design Systems
Published over a year ago
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Reviewed by Michael Smolkin

This list of potential positions covers Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Dropbox (DBX)

The entity has a beta of -0.728. As returns on the market increase, Dropbox's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dropbox is expected to be smaller as well. The beta indicator helps investors understand whether Dropbox moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Dropbox deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm currently falls under 'Mid-Cap' category with a total capitalization of 8.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dropbox's market, we take the total number of its shares issued and multiply it by Dropbox's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Synopsys (SNPS)

The company has return on total asset (ROA) of 0.0875 % which means that it generated a profit of $0.0875 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2254 %, meaning that it created $0.2254 on every $100 dollars invested by stockholders. Synopsys' management efficiency ratios could be used to measure how well Synopsys manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Large-Cap' category with a current market capitalization of 83.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Synopsys's market, we take the total number of its shares issued and multiply it by Synopsys's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

ANSYS Inc (ANSS)

The company has return on total asset (ROA) of 0.0559 % which means that it generated a profit of $0.0559 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0976 %, meaning that it created $0.0976 on every $100 dollars invested by stockholders. ANSYS's management efficiency ratios could be used to measure how well ANSYS manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Large-Cap' category with a current market capitalization of 28.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ANSYS's market, we take the total number of its shares issued and multiply it by ANSYS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Intuit Inc (INTU)

The company has return on total asset (ROA) of 0.0763 % which means that it generated a profit of $0.0763 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1692 %, meaning that it created $0.1692 on every $100 dollars invested by stockholders. Intuit's management efficiency ratios could be used to measure how well Intuit manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Mega-Cap' category with a current market capitalization of 178.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Intuit's market, we take the total number of its shares issued and multiply it by Intuit's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Cadence Design Systems (CDNS)

The company has return on total asset (ROA) of 0.1386 % which means that it generated a profit of $0.1386 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3217 %, meaning that it created $0.3217 on every $100 dollars invested by stockholders. Cadence Design's management efficiency ratios could be used to measure how well Cadence Design manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Large-Cap' category with a current market capitalization of 76.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cadence Design's market, we take the total number of its shares issued and multiply it by Cadence Design's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

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How important is Macroaxis's Liquidity

Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
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Dropbox (DBX)

The entity has a beta of -0.728. As returns on the market increase, Dropbox's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dropbox is expected to be smaller as well. The beta indicator helps investors understand whether Dropbox moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Dropbox deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm currently falls under 'Mid-Cap' category with a total capitalization of 8.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dropbox's market, we take the total number of its shares issued and multiply it by Dropbox's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Synopsys (SNPS)

The company has return on total asset (ROA) of 0.0875 % which means that it generated a profit of $0.0875 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2254 %, meaning that it created $0.2254 on every $100 dollars invested by stockholders. Synopsys' management efficiency ratios could be used to measure how well Synopsys manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Large-Cap' category with a current market capitalization of 83.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Synopsys's market, we take the total number of its shares issued and multiply it by Synopsys's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

ANSYS Inc (ANSS)

The company has return on total asset (ROA) of 0.0559 % which means that it generated a profit of $0.0559 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0976 %, meaning that it created $0.0976 on every $100 dollars invested by stockholders. ANSYS's management efficiency ratios could be used to measure how well ANSYS manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Large-Cap' category with a current market capitalization of 28.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ANSYS's market, we take the total number of its shares issued and multiply it by ANSYS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Intuit Inc (INTU)

The company has return on total asset (ROA) of 0.0763 % which means that it generated a profit of $0.0763 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1692 %, meaning that it created $0.1692 on every $100 dollars invested by stockholders. Intuit's management efficiency ratios could be used to measure how well Intuit manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Mega-Cap' category with a current market capitalization of 178.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Intuit's market, we take the total number of its shares issued and multiply it by Intuit's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Cadence Design Systems (CDNS)

The company has return on total asset (ROA) of 0.1386 % which means that it generated a profit of $0.1386 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3217 %, meaning that it created $0.3217 on every $100 dollars invested by stockholders. Cadence Design's management efficiency ratios could be used to measure how well Cadence Design manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Large-Cap' category with a current market capitalization of 76.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cadence Design's market, we take the total number of its shares issued and multiply it by Cadence Design's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

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