The trouble in Turkey proved to be more than investors were willing to ignore on Monday. The S&P 500 closed at 2821.93 yesterday, down 0.4%, marking the third consecutive losing session.
Ford (NYSE:F) did the most damage, tumbling 2.9% on continued worries about weakness in China, with the bearish flames fanned by concerns that its aggressive cost-cutting plans could do more harm than good. At best, shareholders are skeptical.
Not every major name lost ground on Monday. Advanced Micro Devices (NASDAQ:AMD) shares bounced 3.5% mostly because traders love to cheer AMD, while Huya (NYSE:HUYA) was up 2.1% because the relatively new and relatively small ADR was in the right place at the right time. Those winners, however, just weren’t enough to lead the broad market into the black on Monday.
None of those names are your top trading prospects as Tuesday’s action begins either. Worth a closer look today are stock charts of Micron Technology (NASDAQ:MU), Tapestry (NYSE:TPR) and PPL (NYSE:PPL). Here’s why.
Top 5 Tech Stocks To Watch For 2019: MobileIron, Inc.(MOBL)
Advisors' Opinion:- [By Joseph Griffin]
Mobileiron Inc (NASDAQ:MOBL) has been given a consensus recommendation of “Hold” by the eight brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $6.58.
- [By Max Byerly]
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- [By Keith Noonan]
Shares of MobileIron (NASDAQ:MOBL) have climbed 14.1% during the first six months of 2018, according to data provided S&P Global Market Intelligence. The company's most dramatic movement stemmed from its fourth-quarter earnings report in February. However, the market was less pleased with its first-quarter results in April and shares have given up ground.
Top 5 Tech Stocks To Watch For 2019: Brooks Automation Inc.(BRKS)
Advisors' Opinion:- [By Dan Caplinger]
The stock market held its own on Tuesday, with major benchmarks generally pushing very slightly higher after their record run over the past few days. Investors were pleased to see positive readings on consumer sentiment in the U.S., as the health of the economic expansion relies largely on the willingness of shoppers to keep spending. In addition, some companies saw their shares rise due to factors specific to their businesses. Yum China Holdings (NYSE:YUMC), Brooks Automation (NASDAQ:BRKS), and Geron (NASDAQ:GERN) were among the best stocks in the market. Here's why they performed so well.
- [By Shane Hupp]
Brooks Automation (NASDAQ:BRKS) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Tuesday.
- [By Ethan Ryder]
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- [By Shane Hupp]
Shares of Brooks Automation, Inc (NASDAQ:BRKS) have been assigned an average recommendation of “Buy” from the ten analysts that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $34.00.
- [By Stephan Byrd]
Brooks Automation (NASDAQ: BRKS) and Amtech Systems (NASDAQ:ASYS) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, dividends, institutional ownership, valuation and risk.
Top 5 Tech Stocks To Watch For 2019: NetSol Technologies Inc.(NTWK)
Advisors' Opinion:- [By Stephan Byrd]
NetSol Technologies (NASDAQ:NTWK) CEO Najeeb Ghauri acquired 2,500 shares of NetSol Technologies stock in a transaction that occurred on Wednesday, May 30th. The stock was acquired at an average price of $6.50 per share, with a total value of $16,250.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
- [By Logan Wallace]
Sapiens International (NASDAQ: SPNS) and NetSol Technologies (NASDAQ:NTWK) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, dividends and risk.
- [By Lisa Levin] Gainers Precipio, Inc. (NASDAQ: PRPO) jumped 43.3 percent to $0.5447 after the micro-cap specialty diagnostics company reported preliminary first-quarter results. The company said its first quarter revenue rose 286 percent from the same quarter a year ago to $712,000. Galectin Therapeutics, Inc. (NASDAQ: GALT) gained 34.5 percent to $4.52 after the company announced it would proceed with Phase 3 development of GR-MD-02 for NASH Cirrhosis following the FDA meeting. Boxlight Corporation (NASDAQ: BOXL) shares rose 21.9 percent to $8.1063. Evolus, Inc. (NASDAQ: EOLS) shares surged 16 percent to $15.65. Myomo, Inc. (NYSE: MYO) shares jumped 15.5 percent to $3.6263 after the company disclosed that its application for Medicare codes received favorable preliminary decision. Tandem Diabetes Care, Inc. (NASDAQ: TNDM) rose 13.7 percent to $10.12. ProPhase Labs, Inc. (NASDAQ: PRPH) gained 13.7 percent to $4.6743. Acacia Communications, Inc. (NASDAQ: ACIA) shares gained 12.2 percent to $35.34 as optical sector is seeing strength following President Trump's announcement that he would work with China related to ZTE Corp. Tailored Brands, Inc. (NYSE: TLRD) shares rose 11.3 percent to $35.17. Jefferies upgraded Tailored Brands from Hold to Buy. Kona Grill, Inc. (NASDAQ: KONA) jumped 10.6 percent to $2.875. Federated National Holding Company (NASDAQ: FNHC) shares rose 10.6 percent to $20.29. Raymond James upgraded Federated National Holding from Outperform to Strong Buy. Renewable Energy Group, Inc. (NASDAQ: REGI) climbed 10.2 percent to $15.15. Renewable Energy will replace Synchronoss Technologies Inc. (NASDAQ: SNCR) in the S&P SmallCap 600 on Tuesday, May 15. Stein Mart, Inc. (NASDAQ: SMRT) shares climbed 10.1 percent to $3.16. Stein Mart is expected to release Q1 earnings on May 23. NXP Semiconductors N.V. (NASDAQ: NXPI) rose 9.7 percent to $108.60 after Bloomberg reported that the China’s Commerce Ministry has restar
- [By Ethan Ryder]
NetSol Technologies (NASDAQ:NTWK) CEO Najeeb Ghauri purchased 2,500 shares of the business’s stock in a transaction on Friday, May 25th. The shares were acquired at an average cost of $6.20 per share, with a total value of $15,500.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Top 5 Tech Stocks To Watch For 2019: L-3 Communications Holdings, Inc.(LLL)
Advisors' Opinion:- [By Logan Wallace]
NEXT Financial Group Inc purchased a new position in shares of L3 Technologies Inc (NYSE:LLL) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 978 shares of the aerospace company’s stock, valued at approximately $203,000.
- [By Jon C. Ogg]
L3 Technologies Inc. (NYSE: LLL) was last seen down 3.4% at $207.70. It has a 52-week range of $180.24 to $218.71 and a consensus analyst price target of $244.80. L3’s market capitalization is $16 billion.
- [By Lou Whiteman]
L-3 Technologies (NYSE:LLL) missed out on much of the rally enjoyed by other defense contractors over the last year. The reason for the lagging performance was because the company was in the middle of a transformation plan aimed at propelling it into the ranks of those larger rivals. Judging by its first-quarter results, the efforts are already beginning to show results.
- [By Joseph Griffin]
Colony Group LLC lifted its holdings in shares of L3 Technologies Inc (NYSE:LLL) by 1.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 22,697 shares of the aerospace company’s stock after purchasing an additional 363 shares during the quarter. Colony Group LLC’s holdings in L3 Technologies were worth $4,365,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on L3 Technologies (LLL)
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- [By Stephan Byrd]
Get a free copy of the Zacks research report on L3 Technologies (LLL)
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Top 5 Tech Stocks To Watch For 2019: CEVA, Inc.(CEVA)
Advisors' Opinion:- [By Stephan Byrd]
CEVA, Inc. (NASDAQ:CEVA) has been given an average recommendation of “Hold” by the twelve analysts that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $38.00.
- [By Stephan Byrd]
Rhumbline Advisers lifted its position in shares of CEVA, Inc. (NASDAQ:CEVA) by 4.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,568 shares of the semiconductor company’s stock after acquiring an additional 2,184 shares during the period. Rhumbline Advisers owned approximately 0.24% of CEVA worth $1,618,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Logan Wallace]
Get a free copy of the Zacks research report on CEVA (CEVA)
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- [By Stephan Byrd]
Get a free copy of the Zacks research report on CEVA (CEVA)
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