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PSCT / PSCT: 17% Profitability Gap, A Small-Cap Tech Risk Or Opportunity?

PSCT: 17% Profitability Gap, A Small-Cap Tech Risk Or Opportunity?
PSCT holds 63 small-cap tech stocks with a 7.08% weighted average net income margin. In contrast, XLK, a big-tech S&P 500 fund, has a 24.17% margin, a 17-point difference. Lower profitability is normal with small-cap stocks. However, what's not normal is no growth potential advantage. PSCT actually offers less estimated sales and EBITDA growth than its large-cap peer. PSCT has substantially lagged XLK over the last seven years, and is off by more than 30% in 2023. I expect this underperformance to continue. Read More
Posted: Oct 21 2023, 08:22
Author Name: Seeking Alpha
Views: 112297

PSCT News  

PSCT: 17% Profitability Gap, A Small-Cap Tech Risk Or Opportunity?

By Seeking Alpha
October 21, 2023

PSCT: 17% Profitability Gap, A Small-Cap Tech Risk Or Opportunity?

PSCT holds 63 small-cap tech stocks with a 7.08% weighted average net income margin. In contrast, XLK, a big-tech S&P 500 fund, has a 24.17% margin, a more_horizontal

Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?

By Zacks Investment Research
September 25, 2023

Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?

Launched on 04/07/2010, the Invesco S&P SmallCap Information Technology ETF (PSCT) is a passively managed exchange traded fund designed to provide a b more_horizontal

Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?

By Zacks Investment Research
July 24, 2023

Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?

Designed to provide broad exposure to the Technology - Broad segment of the equity market, the Invesco S&P SmallCap Information Technology ETF (PSCT) more_horizontal

Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?

By Zacks Investment Research
May 22, 2023

Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?

Launched on 04/07/2010, the Invesco S&P SmallCap Information Technology ETF (PSCT) is a passively managed exchange traded fund designed to provide a b more_horizontal

Top-Performing Internet ETF Flashes Buy Signals

By ETF Trends
May 12, 2023

Top-Performing Internet ETF Flashes Buy Signals

Who's afraid of tech stocks? In a year in which markets expected that tech would take a bigger hit, mega-caps have performed. more_horizontal

Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?

By Zacks Investment Research
March 20, 2023

PSCT: Lofty Multiples, Fragile Margins Make This ETF Unattractive

By Seeking Alpha
January 23, 2023

PSCT: Lofty Multiples, Fragile Margins Make This ETF Unattractive

PSCT is supposed to track the capped float-adjusted market-cap-weighted index consisting of the S&P 600 IT companies. PSCT has a questionable valuati more_horizontal

Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?

By Zacks Investment Research
January 16, 2023


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