Wall Street expects double-digit percentage growth, on both the top and bottom lines, for these six top tech companies, even though that represents a slowdown for some of them.
Here are five top technology stocks that recently saw death crosses and could be considered contrarian plays or short opportunities.
The September 14 short interest data have been compared with the previous report. Short interest in most of these selected semiconductor stocks increased.
Judging by the most shorted stocks traded on the Nasdaq between the August 31 and September 14 settlement dates, those sellers were focused on Qualcomm.
These five tech laggards have big upside to the Merrill Lynch price targets and also offer investors perhaps a more comfortable entry point.
The top analyst upgrades, downgrades and initiations seen on Friday include AMD, Alcoa, AT&T, Darden Restaurants, Micron Technology, New Age Beverages, Nike, Novavax, Pier 1 Imports and Under Armour.
Micron released better-than-expected fiscal fourth-quarter financial results after the markets closed on Thursday.
Chris Lange Micron is set to report its fiscal fourth-quarter financial results late on Thursday, and analysts are looking for strong growth on the top and bottom lines.
Chris Lange Micron is scheduled to release its most recent quarterly results late on Thursday and analysts are looking for solid growth on the top and bottom lines.
Chris Lange The top analyst upgrades, downgrades and initiations seen on Tuesday include AMD, Apache, Gold Fields, Marvell, Micron, Oracle, Starbucks, Transocean, United Rentals and Walmart.
The top analyst upgrades, downgrades and initiations seen on Monday include American Express, Bed Bath & Beyond, Costco, Kraft Heinz, Micron Technology, Twitter, UnitedHealth, Vale and Visa.
24/7 Wall St. has put together a preview of Oracle, Micron, FedEx and some of the other companies that are about to report their quarterly results.
The top analyst upgrades, downgrades and initiations seen on Friday include Adobe, Corning, Costco, GrubHub, Kroger, Micron, Shopify, SLM, Walmart and Yelp.
The August 31 short interest data have been compared with the previous report. Short interest in most of these selected semiconductor stocks increased.
Wednesday was a mixed day for the broad U.S. markets. Crude oil made a big move in the session and reached back above $70. The S&P 500 sectors were mostly positive.
