Is Tyler Technologies (TYL) The Best Prison and Law Enforcement Stock To Invest In?

Insider Monkey11-29

We recently compiled a list of the 10 Best Prison and Law Enforcement Stocks To Invest In. In this article, we are going to take a look at where Tyler Technologies Inc. (NYSE:TYL) stands against the ...

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In this article, we are going to take a look at where Tyler Technologies Inc. (NYSE:TYL) stands against the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tyler-technologies-tyl-best-prison-084031796.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0154245673.USD","symbol_name":"BNP PARIBAS US MID CAP \"C\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/tyler-technologies-tyl-best-prison-084031796.html","article_id":"2487580573","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/I7NLl2FA8kOUamC8hJj1Xg--~B/aD02Njc7dz0xMDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/9b30895b50998b4b1491f34270e0aef4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2487580573","pubTimestamp":1732869631,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently compiled a list of the 10 Best Prison and Law Enforcement Stocks To Invest In. In this article, we are going to take a look at where Tyler Technologies Inc.  stands against the other prison and law enforcement stocks.The United Nations Office on Drugs and Crime  report “Prison Matters 2024: Global Prison Population and Trends; A Focus on Rehabilitation” found that after a decline during the COVID-19 pandemic, the global prison population rose to approximately 11.5 million in 2022, reflecting a 5.5% increase since 2012. Despite this rise, the overall percentage of incarcerated individuals compared to the total world population has actually decreased, primarily due to faster population growth.READ ALSO: 12 Best RV and Camping Stocks To Buy Now and 7 Most Profitable Food Stocks To Invest In.Innovations in Technology for Prisons and Law Enforcement. Previously, in July, Homan had stated his intention to run an extensive deportation operation, clai","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","TYL":"泰勒科技","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","BK4112":"金融交易所和数据","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","BK4023":"应用软件","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU1917777945.USD":"安联专题基金Cl AT Acc","BK4585":"ETF&股票定投概念","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","ICE":"洲际交易所","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BK4588":"碎股","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H"},"translate_title":"泰勒科技(TYL)是最值得投资的监狱和执法股票吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TYL":1,"ICE":1},"content_text":"We recently compiled a list of the 10 Best Prison and Law Enforcement Stocks To Invest In. In this article, we are going to take a look at where Tyler Technologies Inc. (NYSE:TYL) stands against the other prison and law enforcement stocks.\nThe United Nations Office on Drugs and Crime (UNODC) report “Prison Matters 2024: Global Prison Population and Trends; A Focus on Rehabilitation” found that after a decline during the COVID-19 pandemic, the global prison population rose to approximately 11.5 million in 2022, reflecting a 5.5% increase since 2012. Despite this rise, the overall percentage of incarcerated individuals compared to the total world population has actually decreased, primarily due to faster population growth.\nOvercrowding remains a significant issue, affecting over 60% of countries, which raises serious concerns regarding the health and human rights of inmates. Additionally, there is a pressing need for improved measures to prevent deaths in custody, as suicide accounts for more than 10% of all prison deaths. In some countries, prisons also face staffing shortages, which can compromise safety and hinder rehabilitation efforts.\nREAD ALSO: 12 Best RV and Camping Stocks To Buy Now and 7 Most Profitable Food Stocks To Invest In.\nInnovations in Technology for Prisons and Law Enforcement\nThe landscape of prisons and law enforcement is evolving, marked by significant trends and changes in policy. The use of technology in law enforcement is on the rise, particularly with artificial intelligence (AI) tools designed to streamline operations and reduce administrative burdens. As reported by CNBC on November 26, many companies are stepping in to assist police departments. For example, Truleo has developed an AI technology that automatically generates narratives by capturing real-time voice notes from officers in the field. CEO of Truleo, Anthony Tassone, emphasizes that this method to generate police reports is both efficient and ethical.\nAnother company, 365Labs, focuses on improving the quality of police reports through AI-driven grammar and error correction. CEO of 365Labs, Mohit Vij, acknowledges that while AI can help with basic writing tasks, human judgment remains crucial for serious incidents like burglaries or assaults. This combination of technology and human oversight aims to enhance the efficiency of law enforcement while ensuring that officers can effectively serve their communities.\nRecent Events and Market Reactions\nOn November 11, CNBC reported that private prison stocks rose after President-elect Donald Trump’s appointment of Tom Homan as his “border czar.” Homan, who led Immigration and Customs Enforcement (ICE) during Trump’s first term, will oversee all deportation efforts for undocumented immigrants. Trump emphasized that Homan will manage security at the southern and northern borders, as well as maritime and aviation security.\nPreviously, in July, Homan had stated his intention to run an extensive deportation operation, claiming it would be the largest in US history. Analyst Isaac Boltansky from BTIG noted that a second Trump administration would likely increase contracts with the US Marshals Service and the Federal Bureau of Prisons, suggesting a more aggressive approach to border enforcement that could benefit companies involved in immigration enforcement and detention services.\nOur Methodology\nTo compile our list of the 10 best prison and law enforcement stocks to invest in, we used the Finviz and Yahoo stock screeners to find the largest security and law enforcement companies. We also reviewed our own rankings and consulted various online resources. We carefully verified our list to remove any companies that can not be classified as prison and law enforcement stocks.\nFrom an initial pool of more than 20 prison and law enforcement stocks, we focused on the top 10 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q3 2024 database of 900 elite hedge funds. The 10 best prison and law enforcement stocks to invest in are ranked in ascending order based on the number of hedge funds holding stakes in them.\nWhy do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n Photographee.eu/Shutterstock.com \nTyler Technologies Inc. (NYSE:TYL)\nNumber of Hedge Fund Holders: 40\nTyler Technologies Inc. (NYSE:TYL) is a software company that provides software and technology services for the public sector, including law enforcement and other agencies. Tyler Technologies’ (NYSE:TYL) Enterprise Corrections software also helps jails and other correctional facilities automate business processes and improve efficiency.\nIn the third quarter of 2024, Tyler Technologies Inc. (NYSE:TYL) reported impressive financial results. Total revenues reached $543.3 million, marking a 9.8% increase compared to the same period last year. Notably, recurring revenues from subscriptions and maintenance grew by 12.1% to $462.8 million, which now constitutes 85.2% of total revenues, up from 83.4% in Q3 2023. This shift indicates a robust demand for their subscription-based services, reflecting stability and predictability in revenue streams.\nThe company’s subscription revenues surged to $347.2 million, with Software as a Service (SaaS) revenues increasing by 20.3% to $166.6 million. This growth marks the 15th consecutive quarter of over 20% growth in SaaS revenue, demonstrating Tyler Technologies’ (NYSE:TYL) successful transition to cloud-based solutions. During the quarter, Tyler Technologies Inc. (NYSE:TYL) has also made strategic advancements by signing six new SaaS contracts for its public safety solutions, including significant contracts with police departments in Frisco and Round Rock, Texas. These contracts not only enhance the company’s market presence but also illustrate the growing trend of SaaS adoption among clients.\nOverall, TYL ranks 3rd on our list of the best prison and law enforcement stocks to invest in. While we acknowledge the potential of TYL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TYL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2487580573"}