Posts for Ticker ‘PWAV’

NASDAQ Offers Life To Hundreds of Stocks (NDAQ, CHTR, FNSR, LVLT, OPWV, PEIX, PWAV, PWAV, RFMD, SANM, SIRI, SPSN)

Money_stack_pic_4Nasdaq_logoThe NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) is making it easier for the army of relatively new penny stocks to maintain their listings on NASDAQ.  The exchange filed with the SEC to extend its suspension of the rules requiring a minimum $1.00 bid price and its minimum market value of publicly held shares.  This was initially set to expire in January, but the terms will now be extended until Monday, April 20, 2009.  With as many stocks that have violated that $1.00 mark in recent weeks and months, this is hardly a surprise and it would even go against the exchange’s own interests to boot this many stocks off the exchange.

We ran a screen for NASDAQ stocks with active trading volume, share prices under $1.00, and those which have traded over $1.00 in the last 52-weeks.  Some of the most usual suspects here are as follows:

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Posted on: December 19, 2008 – 10:26 am in Cult Stock, Exchange News, Small Cap Stocks, Trading Alert, , , , , , , , , , ,

The 52-Week Low Club (CTV)(EK)(PWAV)(BARE)

Sad_clown_2Commscope (CTV) Downgraded by Baird. Drops to $14.55 from 52-week high of $56.50.

Eastman Kodak (EK) Weak forecast. Sells down to $8.94 from 52-week high of $29.08.

Powerwave (PWAV) Poor earnings and downgrade. The daily double. Plunges to $.78 from 52-week high of $5.52.

Bare Escentuals (BARE) Downgraded after missing earnings estimates.

Douglas A. McIntyre

Posted on: October 31, 2008 – 2:47 pm in HI/LOW, , , ,

Day Trader Alerts (RATE)(THOR)(PWAV)(GKK)

Cammonopoly_wideweb__430x3250_2New day trading alerts from VSInvestor

A 33% run-up in Bankrate (RATE),  for more details.

Thoratec (THOR) up 12%, details.

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Posted on: October 31, 2008 – 9:06 am in Research, , , ,

Early Bird Analyst Downgrades (DO, ESV, HBC, MORN, PPO, PWAV, RDC, TDW, TROW)

Down_arrow_redThese are some of the early analyst downgrades we are seeing from Wall Street this Friday morning with about two and a half hours until the open:

  • Diamond Offshore (DO) Cut to Hold at Jefferies.
  • Ensco (ESV) Cut to Hold at Jefferies.
  • HSBC (HBC) Cut to Sell at Goldman Sachs.
  • Morningstar (MORN) Cut to Market Perform at KBW.
  • Polypore International (PPO) Cut to Hold at BB&T.
  • Powerwave (PWAV) Cut to Neutral at Baird.
  • Rowan Companies (RDC) Cut to Hold at Jefferies.
  • Tidewater (TDW) Cut to Hold at Jefferies.
  • T. Rowe Price (TROW) Cut to Market Perform at KBW.

Jon C. Ogg
October 31, 2008

Posted on: October 31, 2008 – 6:00 am in Analyst Calls, , , , , , , , ,

Top Pre-Market Analyst upgrades (ABX, CVC, EMC, MOT, OCR, PWAV, RHB)

These are not all of the analyst calls by far, but these are some ofthe calls that appear as impact calls this Friday morning witth morethan two-hours to the open:

  • Barrick Gold (ABX) Raised to Outperform at Credit Suisse.
  • Cablevision (CVC) Raised to Buy at Citigroup.
  • EMC (EMC) Raised to Outperform at FBR.
  • Motorola (MOT) Raised to Neutral from Sell at Piper Jaffray.
  • Omnicare (OCR) Raised to Buy at Jefferies.
  • Powerwave (PWAV) Raised to Buy at Jefferies.
  • RehabCare (RHB) Raised to Outperform at Morgan Keegan.

Jon C. Ogg
August 1, 2008

Posted on: August 1, 2008 – 6:31 am in Analyst Calls, , , , , , ,

Goldman Sachs Positive on CommTech (CSCO, QCOM, RIMM, PWAV)

Goldman Sachs has come out with some positive calls in the communications technology group, and one of the stocks has been given an upgrade. 

Specifically, Goldman Sachs noted that it is maintaining a bias toward the large-cap stocks in the communications tech universe with stocks like Cisco Systems (NASDAQ: CSCO), Qualcomm (NASDAQ: QCOM), and Research-in-Motion (NASDAQ: RIMM).  The firm is starting to see some opportunities in small-caps in the sector and the firm has listed Powerwave (NASDAQ: PWAV) as its top idea.

PowerWave was RAISED TO BUY FROM NEUTRAL and it has a premium over Wall Street’s consensus estimates for 2008 and 2009.  The firm believes that PowerWave can grow its top-line at least 10% over the next 2 to 3 years. Price target is $5.30, about 30% above current levels.

The firm noted that Small-cap stocks in its CommTech coverage are down 36% so far in 2008 and down 19% in June. Goldman Sachs believes this current underperformance is due to their greater sensitivity to macro headwinds as customers consolidate around larger vendors, and rising investor risk aversion.

Jon C. Ogg
June 30, 2008

Posted on: June 30, 2008 – 6:26 am in Analyst Calls, Technology Companies, , , ,

Goldman Sachs Switches Up Comm-Tech Coverage (CSCO, JNPR, RIMM, QCOM, ARUN, NTGR, PWAV)

Goldman Sachs has made some changes this morning in its coverage team that analyzes communications technology.  For starters, the overall stance on the group has been changed down to a Neutral view from an Attractive view.

Cisco Systems (NASDAQ: CSCO) was maintained as a Buy, but it was also added to The Conviction List as its 15.9 P/E is attractive and estimates are close to a bottom.  Juniper Networks (NASDAQ: JNPR) was also switched to a new analyst and given a Neutral rating, down from a Buy rating.  Despite a Neutral rating, Goldman Sachs does maintain a favorable long-term view of the stock.  Research-in-Motion (NASDAQ: RIMM) and Qualcomm (NASDAQ: QCOM) were given Buy rating in interim coverage.

Here were some of the other major coverage changes: 

  • Aruba Networks (NASDAQ: ARUN) was downgraded to Sell.
  • Netgear (NASDAQ: NTGR) and Powerwave (NASDAQ: PWAV) were maintained Neutral.
  • Starent (NASDAQ: STAR) was downgraded to Neutral.

Jon C. Ogg
March 27, 2008

Posted on: March 27, 2008 – 8:24 am in Analyst Calls, Technology Companies, , , , , , ,

Top 10 Pre-Market Analyst Calls (ABH, ALKS, AMAT, DEO, EBAY, KNXA, MMM, PWAV, TKC, NRG, EIX, ETR)

Credit Suisse downgraded key power stocks: NRG Energy (NRG), Edison(EIX), and Entergy (ETR) all downgraded to Neutral on valuation afterlarge runs.

The top 10 individual analysts calls 24/7 Wall St. is looking at today:

  • AbitibiBowater (ABH) started as Sell at Banc of America.
  • Alkermes (ALKS) started as Overweight at J.P.Morgan.
  • Applied Materials (AMAT) raised to Overweight at J.P.Morgan; raised to Buy at Citigroup; positive notes from Banc of America; stock up 3.5% pre-market.
  • Diageo plc (DEO) started as Underweight at J.P.Morgan.
  • eBay (EBAY) raised to Outperform at Piper Jaffray.
  • Kanexa (KNXA) raised to Buy at Cantor Fitzgerald after major downgrades yesterday; stock indicated up 2% after yesterday’s mammoth drop.
  • 3M (MMM) cut to Sell from Neutral at Goldman Sachs; stock indicated down 4%.
  • Powerwave (PWAV) raised to Outperform at Piper Jaffray.
  • Turkcell (TKC) cut to Neutral from Buy at UBS; stock indicated down 0.75% pre-market.

Jon C. Ogg
November 9, 2007

Posted on: November 9, 2007 – 8:00 am in Analyst Calls, , , , , , , , , , , ,

Critiquing Smart Money’s “Ten Stocks for the Next Ten Years”

Stock Tickers: AAWW, CELL, HPOL, OSIS, PWAV, SIRO, TTEK, UNFI, VAS, WTS

The new cover story for the May 2007 Smart Money Magazine is an interesting one as "The Ten Stocks For The Next Ten Years" and is one that will carry some interest from small cap and growth-oriented investors for those seeking secular trends.  This was posted online earlier this week, but this is the sort of issue that you usually want to look at a few days after the dust settles and over the first weekend that the magazine is actually on the stands.  Many will have seen this online or will have seen some of it this morning on CNBC or elsewhere, but most readers of the hard copy will probably be reviewing this 10/10 list over this weekend.

The screening criteria used by Smart Money was not a focus on the classic P/E ratios or book value, and the names are an interesting mix of companies.  Many of these are well known and have been around for some time, and some are rather obscure names that the public doesn’t follow that closely. The screen put a greater emphasis on price/sales ratios; its looked for a classic small-cap range from $300 million to $2 billion in market value; a history of rising sales of at least 10% a year over the past five years. That screen produced 150 names that they chose 10 stocks from.

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Posted on: April 13, 2007 – 9:25 am in Uncategorized, , , , , , , , , ,