Shares of Alphabet, IBM and other tech giants recently have seen their 50-day moving averages cross above the 200-day averages, which is often seen as a bullish sign.
24/7 Wall St. screened the Merrill Lynch technology research universe and found five oldie but goodies that could be big solid additions to growth portfolios.
The top analyst upgrades, downgrades and initiations seen on Tuesday included Activision Blizzard, AK Steel, Applied Materials, Cree, Dell Technologies, Etsy, Lam Research, Nvidia, Square, 3D Systems, Visa and Wayfair.
The top analyst upgrades, downgrades and initiations seen on Monday included AK Steel, CRISPR, Dell Technologies, DocuSign, Grubhub, NRG Energy, U.S. Steel, Vale, Wayfair and Zynga.
The top analyst upgrades, downgrades and initiations seen on Wednesday included Alphabet, Amazon.com, Dell Technologies, IBM, International Paper, Merck, Pfizer, Tesla, Teva Pharmaceutical and Walmart.
The top analyst upgrades, downgrades and initiations seen on Wednesday included Apache, Caesars Entertainment, Dell Technologies, Devon Energy, Hewlett Packard Enterprise, NetApp, Nordstrom, MetLife and Snap.
The top analyst upgrades, downgrades and initiations seen on Tuesday included AIG, Bunge, Cardlytics, Cisco Systems, Citigroup, Deere, Dell, Edison International, Newmont Mining, Oracle and PG&E.
The top analyst upgrades, downgrades and initiations seen on Thursday included Bed Bath & Beyond, Boeing, Constellation Brands, Dell Technologies, Dollar General, Lockheed Martin, National Oilwell Varco, Snap, Twitter and Yelp.
The top analyst upgrades, downgrades and other research calls from Friday include Adobe, Dell, Diamondback Energy, Lending Tree, Oxford Industries, Philip Morris and Wingstop.
SecureWorks has now seen its post-IPO quiet period come to an end. Most analysts were positive, with price targets ranging from $16 to $18.
Jon C. Ogg The pending buyout of EMC by the now-private Dell already is facing problems, and not just concerns about how VMware is being treated.
Frank Golhen, via Wikimedia CommonsFor much of the past two years, technology has dominated both long/short exposure and long/short performance in the hedge fund world. This has changed over the past quarter with…
courtesy, Lenovo Group LimitedLenovo, the China-based PC company, released its new Yoga Tablet and claimed it would revolutionize the portable computer device world. That claim can be added to dozens of others…
ThinkstockThe technology analysts at Bank of America Merrill Lynch surveyed more than 175 respondents with a total information technology (IT) budgets of more than $5 billion, predominantly in the United States (87%…
ThinkstockMeg Whitman recently said there would be no huge layoffs at Hewlett-Packard Co. (NYSE: HPQ). However, she can only look so far into the future, and her vision eventually will have to take…
