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Top 5 Mid-Cap NASDAQ Stocks In The Technology Sector With The Highest Sales (FLEX, STX, MU, NIHD, CA)
Monday, June 7, 2010 - 6:12am | 161Below are the top 5 mid-cap technology stocks on the NASDAQ in terms of sales. The trailing-twelve-month sales for Flextronics International Ltd (NASDAQ: FLEX) stand at $24.11 billion. FLEX’s PEG ratio is 0.60. The trailing-twelve-month sales for Seagate Technology (NASDAQ: STX) stand at $11.1...
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Jabil Upgraded By S&P
Thursday, May 27, 2010 - 10:02am | 66Jabil Circuit (NYSE: JBL) was upgraded to "buy" from "hold" by Standard & Poor's on the basis of attractive valuation. S&P did lower its price target on the shares to $17 from $19. Analyst Tom Smith said Jabil should benefit from an industry upturn that should last through next year and...
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Deutsche Bank Endorses Seagate and Western Digital (DB, STX, WDC, AVT, FLEX)
Tuesday, May 25, 2010 - 5:10pm | 176Deutsche Bank (NYSE: DB) has released a report covering the performance of Electronics Supply Chain companies. A majority of the companies posted impressive Q1 earnings numbers and largely surpassed expectations. The companies also had higher operating margins. Telecom, networking and industrial...
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Short Covering Rally 05-21-2010
Friday, May 21, 2010 - 7:00pm | 770Cusick's Corner There was an impressive rally into the close, much of it due to short covering for the weekend which then set off a big short imbalance. The VIX had quite a day range today of 38.95 – 48.20, closing nearer the day’s lows at 40.10. This choppy, volatile trade coupled with...
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Protection Purchased on Tyco (TEL)
Friday, May 21, 2010 - 11:47am | 100Shares of Tyco Electronics LTD (NYSE: TEL) are higher on the session by 1.20%, currently trading $27.73. The stock recently made a strong, bearish top around the $32 level and has sold off since, breeching the 50-day moving average. Options trading in the name suggest that a move lower may be in...
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Early Volume Plays Among Those Valued Below $10 (SMTX, CNTF, IRE, RSO)
Thursday, May 20, 2010 - 10:50am | 267Some of the stocks that are valued below $10 and have the potential to become one of the high volume movers in the early trading hours are: SMTC Corp (NASDAQ: SMTX) climbed 3.7% to $3.88 in the pre-market session after the company announced that its loan agreements with Wells Fargo Capital Finance...
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Calls Purchased on Jabil Circuit (JBL)
Monday, May 17, 2010 - 1:47pm | 125Shares of Jabil Circuit Inc. (NYSE: JBL) are trading lower on the session, currently at $13.92, off 1.42%. The stock has been flirting with the 200-day moving average to the downside, and has breeched lower during today’s trade. Options traders are betting that the stock will hold the level and,...
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Netlist Settles Suit With Texas Instruments
Monday, May 17, 2010 - 9:33am | 71Netlist (Nasdaq: NLST), the maker of memory subsystems for the server, computing, and communication markets, has settled a breach of contract lawsuit against Texas Instruments (NYSE: TXN). Netlist said the settlement resolves a dispute on the use of proprietary memory modules and other technology,...
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Top 5 Mid-Cap NASDAQ Stocks In The Technology Sector With TheRevenue Estimates For This Quarter Highest (FLEX, STX, MU, PTNR, NIHD)
Monday, May 17, 2010 - 7:25am | 180Below are the top 5 mid-cap technology stocks on the Nasdaq in terms of revenue expectations. Flextronics International Ltd (NASDAQ: FLEX) is expected to generate $2.96 billion of revenue in the latest quarter. FLEX has a PEG ratio of 0.65. Seagate Technology (NASDAQ: STX) is expected to generate $...
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International Sales Increasingly Supply Earnings Growth 05-14-2010
Friday, May 14, 2010 - 6:57pm | 853Cusick's Corner In 2009 the Euro averaged around $1.39 and many US companies created profit targets based somewhat around that level (some higher, some lower and not all are hedging the exchange rates). Now that the Euro (ECM10) is currently around 1.24 and has dropped over 13% since the beginning...
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Benzinga’s Top Pre-Market Losers (GTIV, AFAM, AMED, JACK, NLST)
Friday, May 14, 2010 - 8:40am | 190Gentiva Health Services Inc (NASDAQ: GTIV) tumbled 8.91% to $27.10 in the pre-market session. GTIV’s Q1 profit beat Street expectations, driven by an increase in volumes and revenue from its home health and hospice businesses. Almost Family Inc (NASDAQ: AFAM) lost 8.43% to $39 in the pre-market...
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Top 5 Mid-Cap NYSE Stocks In The Technology Sector With The Highest Sales (TNE, CSC, AUO, Q, JBL)
Friday, May 14, 2010 - 5:57am | 163Below are the top 5 mid-cap technology stocks on the NYSE in terms of sales. The trailing-twelve-month sales of Tele Norte Leste Participacoes (NYSE: TNE) is $16.84 billion. TNE’s quarterly revenue grew by 56.50% year-over-year. The trailing-twelve-month sales of Computer Sciences Corp (NYSE: CSC)...
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Buyers Take a Breather 05-13-2010
Thursday, May 13, 2010 - 6:48pm | 683Cusick's Corner Reported jobless claims today did not fall as much as expected. Analysts would like to see the jobless claims fall faster because that would be a sign of more hiring on Main Street. So buyers were taking a breather today and the SPX failed to push through the 1173 level with...
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Bears Take a Shot at Jabil Circuit
Thursday, May 13, 2010 - 10:25am | 85Sharse of Jabil Circuit Inc. (NYSE: JBL) are off 2.03% on the session, currently trading $14.94. The stock is also seeing put buying in the name as well. The June $15 put was purchased on the offer 4,000 times a short while ago; open interest on that strike was only 2,137 contracts, which signals...
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Trimble Navigation (TRMB) Rated Underperform
Wednesday, May 12, 2010 - 3:30pm | 184Wedbush analysts Scott P. Sutherland and Suhail Chandy maintained their Underperform rating for shares of Trimble Navigation Limited (Nasdaq: TRMB), with a price target of $24 per share. The analysts said that with a stock price 19 times greater than their 2011 earnings per share estimate, they...