This week, I'm looking for the fifth technology representative of six for my Ivy portfolio.

The technology sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health and information technology and services to internet, scientific instruments, software, solar and all such technological enterprises.

Today I'm reviewing a mid-cap electronic components company named Barco NV. Their trading ticker symbol is BCNAY.

Barco NV is an electronic components company with three business segments: Entertainment, Enterprise, and Healthcare.

The Entertainment business segment provides lighting, projection, and LED services for cinema, retail, and hospitality businesses.

The Enterprise segment provides businesses with visualization solutions and software for control rooms and corporate activities.

The Hospitality segment provides high-resolution visualization displays for the imaging market, namely radiology, mammography, and surgery. The company earns the majority of its revenue in Belgium.

The company serves automotive, broadcast, cinema, and education industries, as well as corporate and government customers. Barco NV was founded in 1934 and is headquartered in Kortrijk, Belgium.

I use three key data points to gauge Barco NV:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

BCNAY Price

Barco's price per share closed at $36.42 yesterday. A year ago its price was $26.11. Price rose $10.31 or nearly  39.5% in the past year.

Assuming Barco's stock trades in the range of $24.00 to $45.00 this year, Barco's recent $36.42 price could rise by $3.58 and go to $40.00 by early-June, 2020.

BCNAY Dividends

Barco's most recent annual dividend was $0.525 declared April 15th and paid May 23rd.

That $0.525 A payout produces a resultant yield of 1.44% based on yesterday's $36.42 closing price.

Gains For BCNAY?

Adding the $0.525 annual announced dividend to my $3.58 estimate of Barco's price upside shows a $4.10 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little under $1,000.00 today at the $36.42 recent stock price would buy us 27 Barco NV shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.37 per share.

Subtract that $0.37 brokerage cost from the estimated $4.10 gross annual gain leaves a net gain of $3.73 X 27 shares = $100.71 or a 10.75% net gain on a $983.34 investment.

Therefore, Barco NV whose trading ticker symbol is BCNAY now shows a possible net gain of 10.75% including a 1.41% dividend yield.

No brokers track Barco NV stock:

So no argument from the pros of my estimates.

Therefore, you can look at Barco NV and see it has made money, is making money, and could net a 10.75% gain including a 1.41% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if Barco NV is worth your time and money.