Forget Logitech (LOGI), Buy These 3 Hot Tech Stocks Instead

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Fortinet, Inc. QuoteFortinet has a Growth Score of A. The Zacks Consensus Estimate for the company's fourth-quarter 2022 earnings is pegged at 39 cents per share, indicating 56% year-over-year growth. The figure moved up 4 cents over the past 60 days. The consensus mark for FTNT's 2022 earnings is pegged at $1.15 per share, having moved north by 10 cents in the past 60 days and suggesting 43.8% year-over-year growth. Long-term estimated earnings growth for the company is pegged at 18%, higher than the industry average of 14.5%.Microchip Technology (MCHP - Free Report) develops and manufactures microcontrollers, memory, and analog and interface products for embedded control systems, which are small, low-power computers designed to perform specific tasks. It is one of the fastest-growing providers of 8-bit, 16-bit and 32-bit microcontrollers in the world.Microchip's microcontroller business continues to outperform the industry, enabling it to gain a significant market share. The company is increasingly expanding its touch business beyond handsets and tablets in areas such as automotive and industrial applications. Its Analog business is one of the largest analog franchises in the market. This Zacks Rank #2 company continues to develop and introduce a wide range of innovative and proprietary new linear, mixed-signal, power, interface, and timing products to fuel growth of the analog business. To further capitalize on this burgeoning business potential, MCHP is developing and introducing a wide range of innovative and proprietary products.Microchip has a Growth Score of B. The Zacks Consensus Estimate for the company's third-quarter fiscal 2023 earnings is pegged at $1.55 per share, moving northward by 9 cents in the past 30 days. Earnings estimates suggest 29.2% year-over-year growth. The consensus mark for fiscal 2023 earnings is pegged at $5.94, which has moved up 4.2% over the past 60 days and indicates 28.9% year-over-year growth. Long-term estimated earnings growth for the company is pegged at 16.3%. saas semiconductor tech-stocks

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