-
Top Performing Small Cap Stocks: Friday 6/17 (NCT, AXN, BPZ, PRMW, ZRAN)
Monday, June 20, 2011 - 4:37pm | 698Small cap investors have been searching far and wide for the hottest stocks, including the beaten-down real estate market. On Friday they found a winner in Newcastle Investment, a New York-based investment company that holds a portfolio of debt secured by commercial...
-
Higher Beta Leading the Way 06-20-2011
Monday, June 20, 2011 - 2:55pm | 972Cusick's Corner The market is experiencing a nice oversold squeeze to the upside which is the type of action that one can expect now, it's choppy trading while Greece and the Fed work out austerity plans and their next steps, if any (for the Fed there may be additional QE, Quantitative Easing). I...
-
Top Performing Industries For June 20
Monday, June 20, 2011 - 9:58am | 163At 9:55 am, the Dow rose 0.12% to 12,018.40, the broader Standard & Poor's 500 index moved up 0.08% to 1,272.47 and the NASDAQ composite index gained 0.26% to 2,623.26. The industries that are supporting the market today are: Semiconductor- Memory Chips: This industry jumped 1.59% by 9:55 am...
-
Deutsche Bank Downgrades Skyworks Solutions to Hold, Reduces PT to $30
Monday, June 20, 2011 - 9:36am | 137Deutsche Bank downgraded its rating on Skyworks Solutions (NASDAQ: SWKS) from Buy to Hold. At the same time, Deutsche Bank reduced its price target on the company's stock from $40 to $30. In a research report published today, Deutsche Bank states, "Our price target is based on a DCF analysis...
-
UPDATE: Deutsche Bank Downgrades Skyworks Solutions to Hold
Monday, June 20, 2011 - 9:35am | 128Deutsche Bank is out with its report today on Skyworks Solutions (NASDAQ: SWKS), downgrading SWKS to Hold. In a note to clients, Deutsche Bank writes, "We think Skyworks faces a volatile second half. While we see no serious signs of trouble, we think share loss at Apple (NASDAQ: AAPL), pricing...
-
Sigma Designs Unveils Industry's Most Advanced, Ultra-Thin Set-Top-Box Design
Monday, June 20, 2011 - 9:14am | 169Sigma Designs (NASDAQ: SIGM) is poised to energize the set-top-box market by unveiling the industry's most advanced platform reference design, enabling an experience only found in devices that are combined with networking gateways. Sigma Designs will add more fuel to the growing market of set-top-...
-
Lazard Upgrades Marvell Technology To Buy, $18 PT
Monday, June 20, 2011 - 8:43am | 27Lazard Capital Markets has upgraded Marvell Technology (NASDAQ: MRVL) from Neutral to Buy and has established an $18 price target.
-
Benzinga's Top Downgrades
Monday, June 20, 2011 - 8:18am | 141Analysts at Robert W. Baird downgraded Almost Family Inc (NASDAQ: AFAM) from “neutral” to “underperform.” AFAM's shares closed at $27.77 on Friday. Almost Family's trailing-twelve-month profit margin is 8.57%. Analysts at Citigroup downgraded Liberty Media Corporation (NASDAQ: LCAPA) from “buy” to...
-
8x8 Acquires Zerigo to Broaden Portfolio of Cloud Hosting Services
Monday, June 20, 2011 - 8:15am | 2298x8, Inc. (Nasdaq: EGHT) today announced that on June 17, 2011 it acquired Zerigo, Inc, a Littleton, Colorado-based company providing virtual private servers, managed DNS services, and monitoring tools for cloud-based server operations. Financial terms of the deal were not disclosed. The...
-
Piper Jaffray Reiterates Overweight Rating On Regeneron
Monday, June 20, 2011 - 7:51am | 93According to Piper Jaffray, Regeneron Pharmaceuticals (NASDAQ: REGN) Overweight rating is reiterated. Piper Jaffray said that on Friday, an FDA Advisory Committee voted unanimously 10-to-0 recommending approval of EYLEA (VEGF Trap-Eye) in Age-related Macular Degeneration (AMD). “We reiterate our...
-
Morgan Stanley Previews Micron's Earnings
Monday, June 20, 2011 - 7:37am | 203Morgan Stanley is out with a research report previewing Micron Technology, Inc. (NASDAQ: MU) as it previews the company's earnings report. It has an Overweight rating and a $13 price target on shares. In a note to clients, Morgan Stanley writes, "We expect in-line to better results versus...
-
Deutsche Bank Downgrades Silgan Holdings, MediaMind, Skyworks Solutions To Hold
Monday, June 20, 2011 - 6:09am | 56Deutsche Bank has downgraded Silgan Holdings (NASDAQ: SLGN), MediaMind (NASDAQ: MDMD) and Skyworks Solutions (NASDAQ: SWKS) from Buy to Hold and has changed the price targets from $51 to $40, $17 to $22, and $40 to $30, respectively.
-
Mad Money Lightning Round: Cramer Advises Investors To Buy Kinder Morgan Energy Partners
Monday, June 20, 2011 - 1:18am | 298On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Lithia Motors Inc (NYSE: LAD) is “way too speculative for you. I'd go with Carmax (NYSE: KMX) or with AutoNation (NYSE: AN)." For Kinder Morgan Energy Partners (NYSE: KMP), Jim said, "People didn't like the secondary. I say that'...
-
Top Yield Technology Stocks: A Contrarian Play
Sunday, June 19, 2011 - 12:41am | 455Income investors looking to diversify their portfolio beyond utilities, REITs, and oil income trusts, may want to consider gradually allocating funds towards high yield technology stocks. Tech has dropped fairly significantly during the last month, with the SPDR Morgan Stanley Technology (MTK) ETF...
-
Some technical setups for next week
Saturday, June 18, 2011 - 4:54pm | 1582( click to enlarge ) Rambus Inc. (NASDAQ:RMBS) is currently trading below the 20d, 50d and 200d SMAs, and they are all sloping down. However, there are some bullish indicators as evidenced in the chart above. On the daily time-frame, the MACD-histogram is sloping up and the 7d EMA has just...