The headlines have been buzzing these past few days over reports that global tech giant Apple (NASDAQ:AAPL) might be considering moving some of its iPhone production from China to the US. The original report comes from a respectable Japanese publication, and at least on the surface seems somewhat logical in light of Donald Trump’s surprise win in the US presidential election.
After all, Trump, among other things, has been quite vocal on getting companies like Apple to manufacture in the US. He’s also promised to slap a generic 45 percent tariff on goods made in China. Never mind that goods imported from China and elsewhere fall under a wide range of categories, each subject to different tariff rates. Trump is known for throwing out random thoughts, even when they’re far from practical or connected with reality.
But the most striking thing about the latest reports is the timing. According to the reports, which all trace back to an article printed in the Nikkei Asian Review, Apple actually asked one of its top iPhone makers, Taiwan’s Foxconn, to explore the possibility of US-based production back in June (English article). That was well before Donald Trump had even won the Republican presidential nomination and when few were giving him a serious chance of becoming president.
Top 10 Tech Stocks To Watch Right Now: TeleNav Inc.(TNAV)
Advisors’ Opinion:
- [By Lisa Levin]
Telenav Inc (NASDAQ: TNAV) shares were also up, gaining 16 percent to $8.15 after the company reported the settlement of patent lawsuit. The company projects Q2 revenue of $51 million to $52 million and loss of $0.30 per share to $0.28 per share.
Top 10 Tech Stocks To Watch Right Now: TripAdvisor, Inc.(TRIP)
Advisors’ Opinion:
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Avon Products, Inc. (NYSE: AVP) to report quarterly earnings at $0.10 per share on revenue of $1.62 billion before the opening bell. Avon Products shares rose 2.39 percent to $6.00 in after-hours trading.
Analysts expect MGM Resorts International (NYSE: MGM) to report quarterly earnings at $0.20 per share on revenue of $2.44 billion before the opening bell. MGM shares rose 1.01 percent to $29.90 in after-hours trading.
Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected results for its second quarter and raised its quarterly dividend to $0.29 per share. Cisco shares rose 2.13 percent to $33.52 in the after-hours trading session.
Before the markets open, Dean Foods Co (NYSE: DF) is projected to report its quarterly earnings at $0.41 per share on revenue of $2.01 billion. Dean Foods shares rose 0.49 percent to $20.55 in after-hours trading.
Tripadvisor Inc (NASDAQ: TRIP) posted weaker-than-expected results for its fourth quarter on Wednesday. Tripadvisor shares dropped 5.60 percent to $49.75 in the after-hours trading session.
Analysts are expecting Waste Management, Inc. (NYSE: WM) to have earned $0.77 per share on revenue of $3.42 billion in the latest quarter. Waste Management will release earnings before the markets open. Waste Management shares rose 2.27 percent to $72.97 in after-hours trading.
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- [By Casey Wilson]
This next company comes as a surprise, as it is one that has served over 300 million people around the world…
Failing Company No. 3: TripAdvisor Inc. (Nasdaq: TRIP)
The website that changed the way user-generated content is used for travel is feeling the pressure from competition.
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was TripAdvisor, Inc. (NASDAQ: TRIP) which rose over 4% to $44.55. The stocks 52-week range is $35.34 to $66.13. Volume was 2.8 million compared to its average volume of 2.9 million.
- [By Peter Graham]
A long term performance chart shows Angie’s List basically back to breakeven while other online review stocks like small cap Yelp Inc (NYSE: YELP) and mid cap Tripadvisor Inc (NASDAQ: TRIP) have performed a bit better with mid capacquirer IAC has been a better performer:
- [By Seth McNew]
However, while focus on the lodging industry and regulation around it is heating up, Airbnb is quickly expanding its business in a way that should put more industries than hotels on alert. Here’s why companies in other industries, such as Expedia (NASDAQ:EXPE), Priceline (NASDAQ:PCLN), and TripAdvisor (NASDAQ:TRIP), should be watching Airbnb’s growth closely as well.
Top 10 Tech Stocks To Watch Right Now: Glu Mobile Inc.(GLUU)
Advisors’ Opinion:
- [By Peter Graham]
The Q4 2016 earnings report for small cap mobile game stock Glu Mobile Inc (NASDAQ: GLUU)is scheduled for after the market closes onWednesday (February 8). In the past, our SmallCap Network Elite Opportunity (SCN EO) portfolio had open positions in other mobile game stocks with our SCN EO newsletter notingin August 2015 before that summers market meltdown:
- [By Jim Robertson]
The gaming space has a reputation for beingdominated by male gamers and full of big-budget combat and action orientated games geared for men. However, thats not necessarily the case. Last December, Glu Mobile Inc (NASDAQ: GLUU)bought CrowdStarfor $45 million acquiring a game publisher that has had rare success with female gamers throughitsCovet Fashionwhile its last independently produced title, Design Home, has also proved to be another hit with women (about 90% ofDesign Homesplayers are female who are a little older than the Covet Fashion audience).
- [By Harsh Chauhan]
Mobile gaming specialist Glu Mobile’s (NASDAQ:GLUU) net loss almost tripled in the first quarter despite a slight jump in revenue from the prior-year period. Its adjusted net loss of $0.15 per share was more than twice than Wall Street’s expectations of a $0.07-per-share loss.
Top 10 Tech Stocks To Watch Right Now: Autohome Inc.(ATHM)
Advisors’ Opinion:
- [By Monica Gerson]
Autohome Inc (ADR) (NYSE: ATHM) is estimated to report its quarterly earnings at $1.68 per share on revenue of $1.05 billion.
Vera Bradley, Inc. (NASDAQ: VRA) is expected to report its quarterly earnings at $0.05 per share on revenue of $106.75 million.
- [By R. Chandrasekaran]
The following stocks are rated with Neutral:
JD.Com Inc(ADR) (NASDAQ: JD). Vipshop Holdings Ltd – ADR (NYSE: VIPS). Autohome Inc (ADR) (NYSE: ATHM). SouFun Holdings Ltd (NYSE: SFUN). Leju Holdings Ltd (ADR) (NYSE: LEJU).
Underweight NamesThe following stocks are rated Underweight:
Top 10 Tech Stocks To Watch Right Now: Logitech International S.A.(LOGI)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
For his “Executive Decision” segment, Cramer once again sat down with Bracken Darrell, president and CEO of Logitech (LOGI) , the computer accessory maker with shares that are up 27% since Cramer last checked in back in November.
- [By Lisa Levin]
Mad Catz Interactive, Inc. (USA) (NYSE: MCZ) shares were also up, gaining 35 percent to $0.260 as the company disclosed that it has sold its Saitek simulation product line to Logitech International SA (USA) (NASDAQ: LOGI) for $13 million in cash.
Top 10 Tech Stocks To Watch Right Now: Analog Devices, Inc.(ADI)
Advisors’ Opinion:
- [By Craig Jones]
Najarian also noticed that traders were buying the October 87.50 calls in Analog Devices, Inc. (NASDAQ: ADI). He said that 5,000 contracts were traded in one block. Najarian bought calls in Analog Devices and he is going to hold the position for two weeks.
- [By Leo Sun]
If you think that Apple still has room to run, you should also check out three of its top suppliers — Cirrus Logic (NASDAQ:CRUS), Analog Devices (NASDAQ:ADI), and Skyworks Solutions (NASDAQ:SWKS) — which could all be lifted by the tech giant’s rally.
- [By WWW.THESTREET.COM]
Chips from Texas Instruments (TXN) are built into a lot of devices that matter, Cramer said, and if investors want autonomous vehicles, they should be looking at Analog Devices (ADI) .
Top 10 Tech Stocks To Watch Right Now: EPAM Systems, Inc.(EPAM)
Advisors’ Opinion:
- [By Anders Bylund, Chuck Saletta, and Brian Feroldi]
Read on to see why they pickedAllstate(NYSE:ALL),EPAM Systems(NYSE:EPAM), andUniversal Display(NASDAQ:OLED).
Image source: Getty Images.
Top 10 Tech Stocks To Watch Right Now: Polycom Inc.(PLCM)
Advisors’ Opinion:
- [By Emily Stewart]
Polycom (PLCM) is Soros’ top tech holding. As of the end of the second quarter, he owns 7.9 million shares valued at $89.2 million.
Polycom provides collaboration solutions for voice, video, and content sharing. It has a $1.7 billion market cap and trades at a P/E of 73.24.
Top 10 Tech Stocks To Watch Right Now: HubSpot, Inc.(HUBS)
Advisors’ Opinion:
- [By Danny Vena]
There’s another area being driven by AI that may surprise you. The next time you text your bank, cellphone service provider, or retailer, the agent you’re dealing with might be a chatbot. This form of conversational AI is being more widely adopted to perform simple customer service tasks. According to research conducted by marketing technology vendor HubSpot, Inc. (NYSE:HUBS), of 1,426 respondents worldwide, 74% had used voice search in the prior month, and 63% of people using services based on AI technology didn’t even know it.
- [By Elizabeth Balboa]
Semiconductors are selling off, and HubSpot Inc (NYSE: HUBS) even earned a Citron short report on its sudden fade.
“This is rotation station we are in right now and tech is out of favor and value is back in favor,” Dick said.
- [By WWW.THESTREET.COM]
Cramer was bearish on Ferrellgas Partners (FGP) , Realty Income (O) , Synergy Pharmaceuticals (SGYP) , Avis Budget Group (CAR) and HubSpot (HUBS) .
- [By Elizabeth Balboa]
HubSpot Inc (NYSE: HUBS) plummeted nearly 3 percent Tuesday on a new short report by Citron Research, which forecasted a 34-percent near-term decline and a 67-percent long-term fade from $75 to $25.
Top 10 Tech Stocks To Watch Right Now: Renesola Ltd.(SOL)
Advisors’ Opinion:
- [By Monica Gerson]
ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 9.76 percent to $1.35 in pre-market trading. ReneSola reported Q1 earnings of $0.06 per share on revenue of $260.7 million.
- [By Monica Gerson]
Wall Street expects ReneSola Ltd. (ADR) (NYSE: SOL) to report a quarterly loss at $0.04 per share on revenue of $256.05 million. ReneSola shares gained 2.50 percent to close at $1.23 on Friday.
- [By Monica Gerson]
ReneSola Ltd. (ADR) (NYSE: SOL) is estimated to report a quarterly loss at $0.04 per share on revenue of $256.05 million.
America’s Car-Mart, Inc. (NASDAQ: CRMT) is projected to post its quarterly earnings at $0.58 per share on revenue of $149.13 million.
- [By Lisa Levin] Gainers
Aimmune Therapeutics Inc (NASDAQ: AIMT) shares jumped 35 percent to $34.64 in response to failed DBVT peanut allergy trial.
Exactech, Inc. (NASDAQ: EXAC) shares surged 30.9 percent to $41.88 after the company agreed to be acquired by TPG Capital for $42 per share in cash.
Dextera Surgical Inc (NASDAQ: DXTR) shares climbed 27.6 percent to $0.238 after surging 40.48 percent on Friday.
Petmed Express Inc (NASDAQ: PETS) jumped 21.8 percent to $44.73 as the company reported better-than-expected Q2 results.
SenesTech Inc (NASDAQ: SNES) shares surged 21.7 percent to $1.95 after the company disclosed that Univar will be marketing and selling ContraPest.
Yulong Eco-Materials Ltd (NASDAQ: YECO) shares gained 18.3 percent to $0.560.
One Horizon Group Inc (NASDAQ: OHGI) shares rose 18 percent to $1.18.
Atossa Genetics Inc (NASDAQ: ATOS) shares climbed 18 percent to $0.566. Atossa Genetics is schedule to host a conference call to announce preliminary results from Phase 1 study of oral Endoxifen on October 25, 2017.
ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 15.3 percent to $2.72
Renren Inc (NYSE: RENN) shares gained 11.9 percent to $10.71 after gaining 2.68 percent on Friday.
Kalvista Pharmaceuticals Inc (NASDAQ: KALV) shares rose 11.8 percent to $12.59. KalVista Pharma 13D filing from Longwood Fund showed registration for an 8.7 percent stake.
Xunlei Ltd (NASDAQ: XNET) shares gained 9.4 percent to $7.20 after surging 25.33 percent on Friday.
VF Corp (NYSE: VFC) shares surged 7.1 percent to $71.09 after the company reported upbeat earnings for its third quarter and raised its FY2017 guidance.
CAI International Inc (NYSE: CAI) rose 6.6 percent to $39.70. Cowen & Co. upgraded CAI from Market Perform to Outperform.
Agenus Inc (NASDAQ: AGEN) shares gained 5.7 percent to $4.58 as the company disclosed that GSK's shingle vaccine received FDA approval.
Deltic Timber Corp (NYSE: DEL) shares climbed 5.6 percent to $94.11
