Aditya Agarwala
On the daily chart, V-Guard Industries Ltd. (VGUARD) has taken a support at the lower end of the Wolfe wave pattern and turned upwards suggesting
bullishness building up in the stock.
Further, on the weekly chart, it has taken support at the 127% Fibonacci extension level. A sustained trade above Rs 196 will extend the rise to levels of 207- 216.
The RSI has also turned upwards after forming a positive reversal suggesting higher in the coming trading sessions. The stock can be bought in the range of Rs 191-195 for a target of Rs 207-216, keeping a stop loss placed below Rs 183.
Disclaimer: The author Technical Analyst at YES Securities (I) Ltd. The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Top 10 Tech Stocks To Own Right Now: Skyworks Solutions, Inc.(SWKS)
Advisors’ Opinion:
- [By ]
TheStreet’s Jim Cramer writes that “the stock to watch, the key to this market is Skyworks (SWKS) . If the stock moves up it means there can be a semi that isn’t brought low by Apple and the Chinese trade talks – either or both.”
- [By ]
Until it’s lifted, the ban stands to impact everyone from optical component/module suppliers such as Acacia Communications (ACIA) and Oclaro to telecom/networking chip suppliers such as Cavium (CAVM) and Xilinx (XLNX) to mobile chip suppliers such as Qualcomm (QCOM) and Skyworks (SWKS) . Some of the damage will, of course, be offset by share losses ZTE is likely to see on account of the ban. This could particularly hold for mobile suppliers, given that the ban could prevent ZTE from shipping phones running Alphabet/Google’s (GOOGL) version of Android.
- [By Shane Hupp]
Skyworks Solutions (NASDAQ:SWKS) was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued on Friday.
- [By ]
Over on Real Money, Cramer says keep an eye on Skyworks Solutions (SWKS) CEO Liam Griffin because he knows how to play the game. Get more of his insights with a free trial subscription to Real Money.
Top 10 Tech Stocks To Own Right Now: Castlight Health, inc.(CSLT)
Advisors’ Opinion:
- [By Ethan Ryder]
Inovalon (NASDAQ:INOV) and Castlight Health (NYSE:CSLT) are both small-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.
- [By Stephan Byrd]
Fmr LLC grew its holdings in shares of Castlight Health Inc (NYSE:CSLT) by 2.1% during the second quarter, Holdings Channel reports. The institutional investor owned 12,620,881 shares of the software maker’s stock after buying an additional 254,616 shares during the period. Fmr LLC owned 0.09% of Castlight Health worth $53,639,000 at the end of the most recent quarter.
- [By Logan Wallace]
Castlight Health Inc (NYSE:CSLT) has been given an average rating of “Buy” by the eight ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $5.56.
- [By Ethan Ryder]
Castlight Health Inc (NYSE:CSLT) shot up 2.6% on Monday . The stock traded as high as $3.10 and last traded at $2.97. 6,914 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 535,927 shares. The stock had previously closed at $3.05.
- [By Joseph Griffin]
Gagnon Advisors LLC grew its stake in shares of Castlight Health Inc (NYSE:CSLT) by 29.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,169,056 shares of the software maker’s stock after acquiring an additional 267,662 shares during the period. Castlight Health makes up approximately 3.1% of Gagnon Advisors LLC’s portfolio, making the stock its 17th largest position. Gagnon Advisors LLC’s holdings in Castlight Health were worth $4,968,000 at the end of the most recent reporting period.
Top 10 Tech Stocks To Own Right Now: Semtech Corporation(SMTC)
Advisors’ Opinion:
- [By Shane Hupp]
Media stories about Semtech (NASDAQ:SMTC) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Semtech earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 44.4405753751248 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
- [By Logan Wallace]
Semtech Co. (NASDAQ:SMTC) VP Marc Pegulu sold 500 shares of the firm’s stock in a transaction on Friday, July 6th. The shares were sold at an average price of $48.85, for a total value of $24,425.00. Following the completion of the sale, the vice president now owns 15,453 shares in the company, valued at $754,879.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
- [By Benzinga News Desk]
The wealthy are hoarding $10 billion of bitcoin in bunkers: Link $
ECONOMIC DATA
US May MBA mortgage applications -0.4% vs, -2.5% prior
USA Core PPI (MoM) for Apr 0.20% vs 0.20% Est; Prior 0.30%. USA PPI (MoM) for Apr 0.10% vs 0.20% Est; Prior 0.30%
Data on wholesale trade inventories for March will be released at 10:00 a.m. ET.
The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is schedule for release at 10:30 a.m. ET.
The Treasury is set to auction 10-year notes at 1:00 p.m. ET.
Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 1:15 p.m. ET.
ANALYST RATINGS
Cantor upgraded Arrowhead Pharmaceuticals (NASDAQ: ARWR) from Neutral to Overweight
RBC upgraded Semtech (NASDAQ: SMTC) from Sector Perform to Outperform
Morgan Stanley downgraded Adient (NYSE: ADNT) from Overweight to Equal-Weight
Jefferies downgraded Beacon Roofing (NASDAQ: BECN) from Buy to HoldThis is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
- [By Lee Jackson]
This is another chip company that the Baird team likes for a 5G infrastructure and small cell play. Semtech Corp. (NASDAQ: SMTC) is a supplier of analog and mixed-signal semiconductor products. It designs, develops and markets a range of products for commercial applications, which are sold into the enterprise computing, communications, consumer and industrial end markets.
- [By Ethan Ryder]
Semtech Co. (NASDAQ:SMTC) SVP James Jungsup Kim sold 8,617 shares of Semtech stock in a transaction on Tuesday, September 18th. The stock was sold at an average price of $60.00, for a total value of $517,020.00. Following the completion of the transaction, the senior vice president now owns 54,842 shares in the company, valued at $3,290,520. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
- [By Shane Hupp]
Semtech Co. (NASDAQ:SMTC) – Investment analysts at Oppenheimer issued their Q3 2020 earnings estimates for shares of Semtech in a research note issued to investors on Thursday, May 31st. Oppenheimer analyst R. Schafer anticipates that the semiconductor company will post earnings per share of $0.45 for the quarter. Oppenheimer currently has a “Outperform” rating and a $50.00 price target on the stock. Oppenheimer also issued estimates for Semtech’s Q4 2020 earnings at $0.44 EPS.
Top 10 Tech Stocks To Own Right Now: Microvision Inc.(MVIS)
Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Microvision (MVIS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
IMPINJ (NASDAQ: PI) and MicroVision (NASDAQ:MVIS) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, risk, valuation, institutional ownership, analyst recommendations and earnings.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Microvision (MVIS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Tech Stocks To Own Right Now: SK Telecom Corporation Ltd.(SKM)
Advisors’ Opinion:
- [By Ethan Ryder]
SK Telecom (NYSE: SKM) and Hellenic Telecom Organization (OTCMKTS:HLTOY) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, earnings, institutional ownership, valuation, dividends and risk.
- [By Max Byerly]
Skrumble Network (CURRENCY:SKM) traded 2.8% higher against the US dollar during the 1-day period ending at 18:00 PM ET on February 2nd. One Skrumble Network token can now be bought for approximately $0.0030 or 0.00000087 BTC on major cryptocurrency exchanges including IDEX, LBank, Bilaxy and BitMart. Skrumble Network has a market cap of $2.35 million and approximately $1.11 million worth of Skrumble Network was traded on exchanges in the last day. Over the last seven days, Skrumble Network has traded up 0.9% against the US dollar.
- [By Max Byerly]
Skrumble Network (CURRENCY:SKM) traded 1.3% lower against the U.S. dollar during the twenty-four hour period ending at 8:00 AM Eastern on June 15th. One Skrumble Network token can currently be purchased for about $0.0301 or 0.00000461 BTC on exchanges including IDEX, EtherDelta (ForkDelta), Hotbit and DDEX. During the last week, Skrumble Network has traded 49.9% lower against the U.S. dollar. Skrumble Network has a total market capitalization of $0.00 and $8.48 million worth of Skrumble Network was traded on exchanges in the last 24 hours.
- [By Stephan Byrd]
Skrumble Network (CURRENCY:SKM) traded down 8.6% against the US dollar during the one day period ending at 7:00 AM ET on July 6th. Skrumble Network has a market capitalization of $0.00 and $3.44 million worth of Skrumble Network was traded on exchanges in the last 24 hours. In the last week, Skrumble Network has traded 10.6% lower against the US dollar. One Skrumble Network token can now be purchased for approximately $0.0249 or 0.00000382 BTC on major cryptocurrency exchanges including EtherDelta (ForkDelta), Gate.io, DDEX and IDEX.
Top 10 Tech Stocks To Own Right Now: Curtiss-Wright Corporation(CW)
Advisors’ Opinion:
- [By Max Byerly]
Dynamic Technology Lab Private Ltd raised its holdings in Curtiss-Wright Corp. (NYSE:CW) by 86.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,948 shares of the aerospace company’s stock after buying an additional 2,760 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Curtiss-Wright were worth $708,000 at the end of the most recent reporting period.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Curtiss-Wright (CW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Motley Fool Transcribers]
Curtiss-Wright Corp (NYSE:CW)Q4 2018 Earnings Conference CallFeb. 27, 2019, 9:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Logan Wallace]
Get a free copy of the Zacks research report on Curtiss-Wright (CW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Dynamic Technology Lab Private Ltd decreased its stake in shares of Curtiss-Wright Corp. (NYSE:CW) by 59.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,188 shares of the aerospace company’s stock after selling 4,625 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Curtiss-Wright were worth $430,000 at the end of the most recent quarter.
Top 10 Tech Stocks To Own Right Now: Top Image Systems Ltd.(TISA)
Advisors’ Opinion:
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Top Image Systems (TISA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Top Image Systems (TISA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Money Morning Staff Reports]
Before we get to our latest pick, here are last week’s top-performing penny stocks:
Penny Stock Sector Current Share Price Last Week’s Gain
Melinta Therapeutics Inc. (NASDAQ: MLNT) Healthcare $1.74 104.01%
Pernix Therapeutics Holdings Inc. (NASDAQ: PTX) Healthcare $0.83 84.40%
Top Image Systems Ltd. (NASDAQ: TISA) Healthcare $0.82 59.85%
Jason Industries Inc. (NASDAQ: JASN) Healthcare $2.21 58.99%
Maxwell Technologies Inc. (NASDAQ: MXWL) Financial $4.66 51.79%
Marathon Patent Group Inc. (NASDAQ: MARA) Healthcare $0.52 51.47%
Forward Pharma A/S (NASDAQ: FWP) Basic Materials $1.53 43.57%
Dixie Group Inc. (NASDAQ: DXYN) Healthcare $1.40 42.86%
Trevena Inc. (NASDAQ: TRVN) Services $1.41 39.60%
Alliance MMA Inc. (NASDAQ: AMMA) Healthcare $4.95 36.18%Don’t Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment…
Top 10 Tech Stocks To Own Right Now: Monolithic Power Systems, Inc.(MPWR)
Advisors’ Opinion:
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Monolithic Power Systems (MPWR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Monolithic Power Systems (MPWR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Get a free copy of the Zacks research report on Monolithic Power Systems (MPWR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Texas Permanent School Fund cut its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 2.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 25,049 shares of the semiconductor company’s stock after selling 612 shares during the period. Texas Permanent School Fund’s holdings in Monolithic Power Systems were worth $3,348,000 as of its most recent SEC filing.
- [By Logan Wallace]
News headlines about Monolithic Power Systems (NASDAQ:MPWR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Monolithic Power Systems earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news stories about the semiconductor company an impact score of 46.1278970459044 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Top 10 Tech Stocks To Own Right Now: The Middleby Corporation(MIDD)
Advisors’ Opinion:
- [By Joseph Griffin]
Swiss National Bank raised its stake in shares of Middleby Corp (NASDAQ:MIDD) by 3.1% in the second quarter, Holdings Channel reports. The institutional investor owned 185,000 shares of the industrial products company’s stock after buying an additional 5,600 shares during the quarter. Swiss National Bank’s holdings in Middleby were worth $19,318,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Motley Fool Staff]
As this episode drops, we are three years into that very first sampler, which he dubbed simply “Five Stocks for the Next Five Years.” The picks were Activision Blizzard (NASDAQ:ATVI), Casey’s General Stores (NASDAQ:CASY), FireEye (NASDAQ:FEYE), MercadoLibre (NASDAQ:MELI), and Middleby (NASDAQ:MIDD) — and we’ll tell you up front that at this stage, David’s far from batting a thousand on the set. Next, he debuts a new sampler. Now, all the recommendations he makes in such sets come from among the 220 or so stocks he oversees in the actual Motley Fool Stock Advisor and Motley Fool Rule Breakers portfolios, which together we call the Supernova Universe. And as he reviewed that big list, it crossed his mind that he could randomly narrow it down to companies starting with one letter and still pull a solid mini portfolio for his fans. Challenge accepted: Enjoy five stocks that start with M, and let’s all hope he was right.
- [By Motley Fool Staff]
A maker of commercial and industrial kitchen equipment may seem like an unusual company for Tom and David Gardner to fall in love with — no matter how how high-quality those ovens and food processors are — but Middleby (NASDAQ:MIDD) is a bit more than that. And the biggest reason why has a lot to do with its CEO, Selim Bassoul, who was brought in specifically to give the company a culture.
- [By Chris Hill]
Hill: When you were talking about tuck-in acquisitions, it reminded me of a company that was in the news recently for a change at the top, Middleby (NASDAQ:MIDD). It’s a company we’ve followed pretty closely here at The Motley Fool over the past decade. Middleby has done a phenomenal job of growing that business by making those type of tuck-in acquisitions that are very much in their wheelhouse.
- [By Dan Caplinger]
Middleby (NASDAQ:MIDD) has been a big player in the kitchen equipment industry for a long time. Yet despite moves intended to grow its business and expand more aggressively into the consumer appliance space, Middleby hasn’t been able to make much progress for shareholders since mid-2015. The moves Middleby initiated back then in response to challenging conditions have taken a lot of effort, but the results haven’t been as clear as many would have liked.
Top 10 Tech Stocks To Own Right Now: AVG Technologies N.V.(AVG)
Advisors’ Opinion:
- [By Shane Hupp]
FinnCap cut shares of Avingtrans (LON:AVG) to a corporate rating in a research report report published on Monday.
Shares of LON:AVG opened at GBX 223 ($2.97) on Monday. Avingtrans has a one year low of GBX 174.11 ($2.32) and a one year high of GBX 260 ($3.46).