Ascendis Pharma (NASDAQ:ASND) caught my eye earlier this year when I was looking at quarterly ownership changes of biotech-focused hedge funds. Many funds were aggressively buying Ascendis over the last few quarters, and the stock is a high conviction name for at least a few of them. However, the stock was up more than 50% at that point, and I decided to put it aside as there were no material catalysts during most of 2017 and wait for some form of a consolidation or a pullback before doing more research. The stock was in consolidation mode for more than six months and broke out in late September following the failure of one of its main competitors in the growth hormone deficiency market. I was actually expecting to pick up shares cheaper after the success of Versartis phase 3 trial but the opposite happened. However, I think Ascendis is a better buy after a 20%+ rally, then it would be on a 15-20% pullback in the case Versartis somavaratan was successful as I believe the market cap gain does not fully reflect the elimination of a competing product which would have had a one-year head-start over Ascendis TransCon hGH.
Top 10 Tech Stocks To Own For 2019: Plexus Corp.(PLXS)
Advisors’ Opinion:
- [By Shane Hupp]
Get a free copy of the Zacks research report on Plexus (PLXS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Tech Stocks To Own For 2019: Finisar Corporation(FNSR)
Advisors’ Opinion:
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Finisar (FNSR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ezra Schwarzbaum]
Finisar Corporation (NASDAQ: FNSR) was up 2.9 percent Monday morning. The stock had fallen 4 percent on the Commerce Department news in April.
Several other optics stocks stand to gain. In a Monday note, Bank of America Merrill Lynch analyst Vivek Arya also highlighlited the semiconductor space as one that could benefit from the news. Other stocks to watch include:
- [By ]
Activist investor Glenn Welling of Engaged Capital LLC, the insurgent investor agitating for changes at TiVo, Rent-a-Center, on Tuesday, May 15, revealed new positions in Aratana Therapeutics Inc. (PETX) , Cross Country Healthcare Inc. (CCRN) and Finisar Corp. (FNSR)
- [By Anders Bylund]
Finisar(NASDAQ:FNSR) followed in AAOI’s footsteps in March, surging more than 10% higher around the announcement of Lumentum’s Oclaro deal, but losing it all amid deafening radio silence. By the end of March, the stock had fallen 12.2% lower, and Finisar has not enjoyed any glowing analyst analyses in April.
- [By Leo Sun]
That buyout was considered a major blow to Finisar (NASDAQ:FNSR), which wasalso reportedly mulling a bid for Oclaro. I’m not saying Finisar will buy Acacia, but the latter’s enterprise value of $740 million makes it a feasible takeover target for bigger fiber players.
Top 10 Tech Stocks To Own For 2019: Cadence Design Systems, Inc.(CDNS)
Advisors’ Opinion:
- [By Motley Fool Staff]
Cadence Design Systems (NASDAQ:CDNS) Q1 2018 Earnings Conference CallApril 23, 2018 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Lisa Levin] Gainers
Check-Cap Ltd. (NASDAQ: CHEK) shares jumped 104.82 percent to close at $14.87 on Tuesday.
EVINE Live Inc. (NASDAQ: EVLV) rose 31.25 percent to close at $1.06. The pay-TV home shopping company was named as a potential acquisition target by TechCrunch. According to the publication, Amazon.com, Inc. (NASDAQ: AMZN) is exploring ways of marketing its products and services to consumers beyond the internet.
SemiLEDs Corporation (NASDAQ: LEDS) shares climbed 27.16 percent to close at $4.26 on Tuesday.
Atossa Genetics Inc. (NASDAQ: ATOS) gained 27.09 percent to close at $3.80. Atossa Genetics disclosed that it has Received positive interim review from the Independent Safety Committee in Phase 1 Topical endoxifen dose escalation study in men.
Heidrick & Struggles International, Inc. (NASDAQ: HSII) surged 17.13 percent to close at $37.95 as the company posted upbeat results for its first quarter.
Santander Consumer USA Holdings Inc. (NYSE: SC) shares gained 15.91 percent to close at $18.21 following upbeat quarterly earnings.
Riot Blockchain, Inc. (NASDAQ: RIOT) shares jumped 15.73 percent to close at $7.58 on Tuesday after declining 1.50 percent on Monday.
Sanmina Corp (NASDAQ: SANM) shares gained 14.62 percent to close at $31.75 as the company reported stronger-than-expected earnings for its second quarter on Monday.
Orchids Paper Products Company (NYSE: TIS) jumped 12.86 percent to close at $7.37. Orchids Paper Products is expected to report its Q1 financial results on Wednesday, April 25, 2018.
Helix Energy Solutions Group, Inc. (NYSE: HLX) rose 12.8 percent to close at $7.05 following strong quarterly results.
Avid Bioservices, Inc. (NASDAQ: CDMO) rose 12.72 percent to close at $3.81.
Genprex, Inc. (NASDAQ: GNPX) gained 12.61 percent to close at $5.00.
Obalon Therapeutics, Inc. (NASDAQ: OBLN) rose 12.39 percent to close at $3.72.
NextDecade Corporation (NASDAQ: NEXT) shares climbed 11.88 percent to close at $7 - [By Timothy Green]
Shares of Cadence Design Systems (NASDAQ:CDNS) jumped on Tuesday after the provider of design solutions for integrated circuits and electronic devices reported its first-quarter results. The company beat analyst estimates for both revenue and earnings, and it provided guidance that came in above analyst expectations. As of 1 p.m. EDT, the stock was up about 9.5%.
Top 10 Tech Stocks To Own For 2019: Illinois Tool Works Inc.(ITW)
Advisors’ Opinion:
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Illinois Tool Works (ITW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By ]
Cramer and the AAP team are trimming Illinois Tool Works (ITW) and Danaher (DHR) . Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
- [By ]
Illinois Tool Works Inc. (ITW) fell on Thursday, April 26, after reporting weaker-than-expected results in its automotive segment and organic growth even as its first-quarter earnings exceeded expectations.
- [By ]
Cramer and the AAP team are trimming Illinois Tool Works (ITW) and Danaher (DHR) . Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
- [By ]
Illinois Tool Works (ITW) : “You don’t have to worry. This one is good. You shouldn’t be a seller.”
PetMed Express (PETS) : “No, no, no, no. When we want pet drugs, we want Idexx Laboratories (IDXX) .”
Top 10 Tech Stocks To Own For 2019: Dover Corporation(DOV)
Advisors’ Opinion:
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Dover Corp. (NYSE: DOV) which rose about 4% to $103.82. The stocks 52-week range is $76.23 to $109.06. Volume was 4.7 million compared to the daily average volume of 1.1 million.
- [By Ethan Ryder]
Dover Co. (NYSE:DOV) shares fell 0.4% during trading on Thursday . The stock traded as low as $75.74 and last traded at $76.69. 47,494 shares changed hands during trading, a decline of 97% from the average session volume of 1,892,556 shares. The stock had previously closed at $77.02.
- [By Shane Hupp]
Pzena Investment Management LLC decreased its stake in shares of Dover Co. (NYSE:DOV) by 3.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,753,153 shares of the industrial products company’s stock after selling 189,522 shares during the quarter. Dover comprises about 2.9% of Pzena Investment Management LLC’s portfolio, making the stock its 4th largest holding. Pzena Investment Management LLC owned approximately 3.72% of Dover worth $565,075,000 as of its most recent filing with the SEC.
- [By Joseph Griffin]
Dover (NYSE:DOV) had its price target decreased by Stifel Nicolaus from $104.00 to $85.00 in a report published on Thursday. Stifel Nicolaus currently has a hold rating on the industrial products company’s stock.
Top 10 Tech Stocks To Own For 2019: JA Solar Holdings, Co., Ltd.(JASO)
Advisors’ Opinion:
- [By Garrett Baldwin]
This morning, President Trump suggested that the United States is considering strong military action in response to recent chemical attacks carried out on civilians by the Syrian government. The president promised to send “nice and new and ‘smart'” missiles to Syria and accused the Russian government of partnering with a “Gas Killing Animal who kills his people and enjoys it!” The president’s remarks are a significant departure from comments made last week, which suggested that the United States would be pulling out of Syria in the coming months. Trump’s threat of war over a recent chemical attack in Syria drove crude oil and gold prices higher. Geopolitical worries often offer a boost to commodity prices due to concerns about supply. Trump’s threat comes at a time that markets are already concerned about a significant military conflict in the Middle East between Saudi Arabia and Iran. WTI crude prices added 0.9% to hit $66.10 per barrel. Brent crude pushed to $71.10 per barrel. Gold price topped $1,350 per ounce and are poised for bigger gains. According to Axios, U.S. Speaker of the House Paul Ryan (R-WI) has privately told friends that he will not seek reelection in the fall. The news comes at a perilous time for Republicans, who are expected to lose the House of Representatives and potentially the Senate. Axios was the first to report the news. The story is also notable because Ryan recently achieved his long-time goal of passing tax reform in late 2017.
Four Stocks to Watch Today: FB, FOXA, CBS
Shares of Twenty-First Century Fox Inc.(NYSE: FOXA) fell in pre-market hours on news that investigators from the European Commission raided the firm’s London office yesterday. Reports indicate that investigators are trying to keep their goals confidential. However, there has been a lot of scrutiny over Rupert Murdoch’s goal to purchase rival Sky in recent months. British authorities have argued that this deal would not be in the public’s best interest. Accor
Top 10 Tech Stocks To Own For 2019: SigmaTron International, Inc.(SGMA)
Advisors’ Opinion:
- [By Max Byerly]
Media coverage about SigmaTron International (NASDAQ:SGMA) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SigmaTron International earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 47.5987310031013 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Top 10 Tech Stocks To Own For 2019: Ambarella, Inc.(AMBA)
Advisors’ Opinion:
- [By Ethan Ryder]
Ambarella (NASDAQ:AMBA) shares fell 3.1% during trading on Friday . The company traded as low as $49.01 and last traded at $51.21. 973,626 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 1,053,381 shares. The stock had previously closed at $49.68.
- [By Chris Lange]
Ambarella Inc. (NASDAQ: AMBA) also is scheduled to release its most recent quarterly results Thursday. The consensus forecast calls for $0.37 in EPS and $70.3 million in revenue. Shares closed at $48.89. The consensus price target is $57.50, and the 52-week range is $40.06 to $66.23.
- [By Max Byerly]
ILLEGAL ACTIVITY WARNING: “Ambarella (AMBA) Receives $60.83 Average Price Target from Analysts” was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at www.tickerreport.com/banking-finance/3379592/ambarella-amba-receives-60-83-average-price-target-from-analysts.html.
- [By Nicholas Rossolillo]
Video chip maker Ambarella’s (NASDAQ:AMBA) claim to fame was making crucial hardware for action camera company GoPro. That main business has been in decline, though, leaving Ambarella shareholders with a stock that has been stuck in a rut the last few years. However, a new technology — computer vision — has management optimistic that a new revenue source is in the works.
- [By Leo Sun]
Intel’s acquisition of Movidius caused serious headachesfor Ambarella (NASDAQ:AMBA), which sells image processing SoCs for action cameras, dash cams, security cameras, and drones. Movidius’ Myriad 2 VPUs bundled together image processing, computer vision, and machine learning capabilities, which left Ambarella’s SoCs behind a crucical tech curve.
Top 10 Tech Stocks To Own For 2019: Turkcell Iletisim Hizmetleri AS(TKC)
Advisors’ Opinion:
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers
Fluor Corporation (NYSE: FLR) fell 13.4 percent to $51.10 in pre-market trading after the company reported downbeat earnings for its first quarter and lowered its profit outlook for the year.
Integrated Media Technology Limited (NASDAQ: IMTE) fell 9.8 percent to $28.97 in pre-market trading after surging 46.29 percent on Thursday.
Gogo Inc. (NASDAQ: GOGO) shares fell 8.2 percent to $8.81 in pre-market trading after the company reported Q1 results and disclosed that it is withdrawing its FY18 outlook for adjusted EBITDA, airborne cash capex, airborne equipment inventory purchases and free cash flow.
Sharing Economy International Inc. (NASDAQ: SEII) shares fell 7.5 percent to $3.98 in pre-market trading after climbing 22.16 percent on Thursday.
Arista Networks, Inc. (NYSE: ANET) fell 7.4 percent to $248.00 in pre-market trading following first-quarter earnings.
Web.com Group, Inc. (NASDAQ: WEB) fell 6.7 percent to $18.00 in pre-market trading after reporting Q1 results.
Varex Imaging Corporation (NASDAQ: VREX) fell 5.2 percent to $34 in pre-market trading after reporting Q2 results.
Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) shares fell 5.2 percent to $7.60 in pre-market trading after dropping 3.02 percent on Thursday.
AMN Healthcare Services, Inc (NYSE: AMN) shares fell 4.7 percent to $61.70 in pre-market trading following Q1 earnings.
HSBC Holdings plc (NYSE: HSEA) fell 4.6 percent to $25.15 in pre-market trading after reporting Q1 results.
Stratasys Ltd. (NASDAQ: SSYS) shares fell 4 percent to $16.66 in pre-market trading after dropping 2.86 percent on Thursday.
Melco Resorts & Entertainment Limited (NASDAQ: MLCO) fell 4 percent to $30.65 in pre-market trading.
Century Aluminum Co (NASDAQ: CENX) fell 4 percent to $15.76 in pre-market trading following Q1 results.
HSBC Holdings plc (NYSE: HSBC) shares fell 3.5 percent to $48.10 in pre-market tr - [By Ethan Ryder]
Turkcell (NYSE:TKC) shares reached a new 52-week high and low during trading on Friday . The stock traded as low as $7.59 and last traded at $7.74, with a volume of 559325 shares traded. The stock had previously closed at $8.02.
Top 10 Tech Stocks To Own For 2019: General Employment Enterprises, Inc.(JOB)
Advisors’ Opinion:
- [By Lisa Levin] Gainers
Blink Charging Co. (NASDAQ: BLNK) shares jumped 26.5 percent to $6.9042. Blink Charging reported Q1 net income of $2.2 million, versus a year-ago net loss of $3.1 million.
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) shares climbed 17.4 percent to $3.11. Eleven Biotherapeutics posted a Q1 loss of $0.11 per share.
Flanigan's Enterprises, Inc. (NYSE: BDL) shares jumped 17 percent to $27.97 following Q2 results. Flanigan's Enterprises posted Q2 earnings of $0.75 per share on sales of $29.456 million.
Borqs Technologies, Inc. (NASDAQ: BRQS) rose 15.8 percent to $8.05 after reporting Q1 results.
Abaxis, Inc. (NASDAQ: ABAX) jumped 15.3 percent to $82.75. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash.
21Vianet Group, Inc. (NASDAQ: VNET) gained 15.1 percent to $6.33.
Gemphire Therapeutics Inc. (NASDAQ: GEMP) rose 13.8 percent to $6.27.
Enphase Energy, Inc. (NASDAQ: ENPH) gained 12.8 percent to $5.98. H.C. Wainwright initiated coverage on Enphase Energy with a Buy rating.
PetIQ Inc (NASDAQ: PETQ) shares surged 12.1 percent to $21.68 after reporting a first-quarter sales beat.
NF Energy Saving Corporation (NASDAQ: NFEC) climbed 11.6 percent to $2.399.
Allied Healthcare Products, Inc. (NASDAQ: AHPI) surged 11.4 percent to $3.0643.
Boot Barn Holdings, Inc. (NYSE: BOOT) gained 11.1 percent to $24.40 after the company reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance.
Ascena Retail Group, Inc. (NASDAQ: ASNA) rose 10.9 percent to $3.16.
Sea Limited (NYSE: SE) gained 10.1 percent to $11.71 after reporting Q1 results.
GEE Group, Inc. (NYSE: JOB) climbed 7.9 percent to $2.61 following Q2 results.
The ONE Group Hospitality, Inc. (NASDAQ: STKS) gained 7.6 percent to $2.41 after reporting Q1 results.
Biolinerx Ltd/S ADR (NASDAQ: BLRX) rose 7.3 percent to $0.8798 after the company was granted a patent approval. The clinical-st - [By Lisa Levin] Gainers
Check-Cap Ltd. (NASDAQ: CHEK) shares rose 78.82 percent to close at $7.26 on Monday.
GEE Group, Inc. (NYSE: JOB) shares jumped 18 percent to close at $2.36.
McDermott International, Inc. (NYSE: MDR) climbed 15.7 percent to close at $7.00 after the UK-based offshore oil service company Subsea 7 made an unsolicited bid to buy McDermott for $7 per share. However, the acquisition offer is contingent on McDermot terminating its pending merger with Chicago Bridge & Iron Company.
Foresight Autonomous Holdings Ltd (NASDAQ: FRSX) gained 17.21 percent to close at $3.61.
Stars Group Inc. (NASDAQ: TSG) rose 14.16 percent to close at $33.45. Stars Group Inc (NASDAQ: TSG) announced plans to acquire Sky Betting & Gaming for $4.7 billion.
China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) shares jumped 12.79 percent to close at $25.58.
Nautilus, Inc. (NYSE: NLS) shares gained 11.52 percent to close at $15.00. Nautilus is expected to release Q1 results on May 7, 2018. Craig-Hallum initiated coverage on Nautilus with a Buy rating and a $19.00 price target.
Box, Inc. (NYSE: BOX) rose 10.94 percent to close at $22.91.
Insmed Incorporated (NASDAQ: INSM) shares rose 10.76 percent to close at $26.05. Credit Suisse upgraded Insmed from Neutral to Outperform.
NextDecade Corporation (NASDAQ: NEXT) shares rose 10.02 percent to close at $6.48.
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) shares gained 8.37 percent to close at $2.46 on Monday after falling 10.98 percent on Friday.
Cambium Learning Group, Inc. (NASDAQ: ABCD) shares gained 7.81 percent to close at $11.11.
Vectren Corporation (NYSE: VVC) shares rose 7.26 percent to close at $70.31. CenterPoint Energy, Inc. (NYSE: CNP) announced plans to acquire Vectren for $72 per share in cash.
Tennant Company (NYSE: TNC) rose 6.66 percent to close at $74.45 after the company posted upbeat Q1 results and raised its FY18 earnings outlook.
Hanesbrands Inc. - [By Lisa Levin] Gainers
Valeritas Holdings, Inc. (NASDAQ: VLRX) shares jumped 17 percent to $3.65.
Cambium Learning Group, Inc. (NASDAQ: ABCD) shares rose 13.5 percent to $11.70.
McDermott International, Inc. (NYSE: MDR) gained 11.6 percent to $6.75 after the UK-based offshore oil service company Subsea 7 made an unsolicited bid to buy McDermott for $7 per share. However, the acquisition offer is contingent on McDermot terminating its pending merger with Chicago Bridge & Iron Company.
Nautilus, Inc. (NYSE: NLS) shares jumped 11.2 percent to $14.95. Nautilus is expected to release Q1 results on May 7, 2018. Craig-Hallum initiated coverage on Nautilus with a Buy rating and a $19.00 price target.
GEE Group, Inc. (NYSE: JOB) shares gained 11 percent to $2.2199.
Check-Cap Ltd. (NASDAQ: CHEK) surged 10.8 percent to $4.50.
Foresight Autonomous Holdings Ltd (NASDAQ: FRSX) rose 10.1 percent to $3.39.
Stars Group Inc. (NASDAQ: TSG) climbed 9.6 percent to $32.10. Stars Group Inc (NASDAQ: TSG) announced plans to acquire Sky Betting & Gaming for $4.7 billion.
Insmed Incorporated (NASDAQ: INSM) shares jumped 9.1 percent to $25.66. Credit Suisse upgraded Insmed from Neutral to Outperform.
Tennant Company (NYSE: TNC) rose 8.4 percent to $75.65 after the company posted upbeat Q1 results and raised its FY18 earnings outlook.
Command Security Corporation (NYSE: MOC) shares gained 6.4 percent to $3.0960 after the company disclosed a $23 million five-year contract with LaGuardia Gateway Partners for LaGuardia Airport New Central Terminal Building.
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) rose 6.2 percent to $2.41 after falling 10.98 percent on Friday.
Vectren Corporation (NYSE: VVC) shares rose 5.7 percent to $69.31. CenterPoint Energy, Inc. (NYSE: CNP) announced plans to acquire Vectren for $72 per share in cash.
Hanesbrands Inc. (NYSE: HBI) gained 4.9 percent to $18.035. Stifel Nicolaus upgraded Hanesbrands from Hold to Buy.
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