Shares of Cupertino, California-based Apple (NSDQ:AAPL) were recently named by RBC capital markets' analysts among the top tech stock picks for 2017. This is in stark contrast to 2016, a year in which AAPL stock has barely managed to beat the S&P 500 (INDX:SPAL). Apple stock price is up by 10.7% in the year-to-date, marginally lower than the 10.75% returned by the S&P 500 in the same period. With such a lackluster performance in 2016, is AAPL stock a good buy heading into 2017? Well, Apple's services business surely deserves more attention, as we believe this could fuel a multiple expansion driven rally in Apple stock price. Here is why Apple's services business could drive AAPL stock higher in 2017.
Hot Tech Stocks To Watch Right Now: Datawatch Corporation(DWCH)
Advisors' Opinion:- [By Lisa Levin]
On Thursday, the information technology shares surged 0.29 percent. Meanwhile, top gainers in the sector included Keysight Technologies, Inc. (NYSE: KEYS), up 12 percent, and Datawatch Corporation (NASDAQ: DWCH) up 6 percent.
- [By Ethan Ryder]
Datawatch (NASDAQ: DWCH) and Endurance International Group (NASDAQ:EIGI) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, risk, analyst recommendations, dividends, institutional ownership and valuation.
Hot Tech Stocks To Watch Right Now: Park City Group, Inc.(PCYG)
Advisors' Opinion:- [By Shane Hupp]
Park City Group (NASDAQ:PCYG) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Wednesday.
- [By Lisa Levin] Gainers Melinta Therapeutics, Inc. (NASDAQ: MLNT) shares surged 20.6 percent to $6.39. WBB Securities upgraded Melinta Therapeutics from Hold to Speculative Buy. Shoe Carnival, Inc. (NASDAQ: SCVL) shares climbed 17.2 percent to $30.87 after the company reported upbeat quarterly earnings. Acorn International, Inc. (NYSE: ATV) shares rose 15.2 percent to $28.804 after the company declared a special one-time cash dividend of $14.97 per ADS. Foot Locker, Inc. (NYSE: FL) gained 15 percent to $53.35 after the company reported better-than-expected results for its first quarter. Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) surged 14.2 percent to $2.625. ArQule, Inc. (NASDAQ: ARQL) rose 13 percent to $5.12 after gaining 4.86 percent on Thursday. Quality Systems, Inc. (NASDAQ: QSII) gained 12.8 percent to $16.97 after the company posted better-than-expected FQ4 results. Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) shares rose 12 percent to $12.94. ArQule, Inc. (NASDAQ: ARQL) shares rose 12 percent to $5.07. Mirati Therapeutics, Inc. (NASDAQ: MRTX) climbed 11.4 percent to $43.50. Zai Lab Limited (NASDAQ: ZLAB) gained 11.3 percent to $24.7000. Zymeworks Inc. (NASDAQ: ZYME) rose 9.7 percent to $19.64. Park City Group, Inc. (NASDAQ: PCYG) climbed 9 percent to $7.90. Roku, Inc. (NASDAQ: ROKU) gained 7.9 percent to $38.82 after Citron reversed previously bearish position on the stock. Sears Holdings Corporation (NASDAQ: SHLD) shares jumped 7.3 percent to $3.55. Deckers Outdoor Corp (NYSE: DECK) rose 3.5 percent to $107.27 after reporting better-than-expected results for its fiscal fourth quarter.
Check out these big penny stock gainers and losers
- [By Shane Hupp]
Park City Group (NASDAQ:PCYG) and Castlight Health (NYSE:CSLT) 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 profitability, analyst recommendations, institutional ownership, risk, earnings, valuation and dividends.
- [By Max Byerly]
Get a free copy of the Zacks research report on Park City Group (PCYG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Park City Group (PCYG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Tech Stocks To Watch Right Now: Kingtone Wirelessinfo Solution Holding Ltd(KONE)
Advisors' Opinion:- [By Money Morning News Team]
While a 209% gain is exciting, FunctionX's gains are in the past. After looking at the 10 top penny stocks to watch this week, we'll show you a small-cap stock with serious profit potential ahead of it…
Penny Stock Current Share Price Law Week's Gain FunctionX Inc. (OTCMKTS: FNCX) $0.03 209% Turtle Beach Corp. (Nasdaq: HEAR) $4.48 52.73% DPW Holdings Inc. (NYSE: DPW) $1.16 51.31% Energy XXI Gulf Coast Inc. (Nasdaq: EGC) $5.62 49.33% MYnd Analytics Inc. (Nasdaq: MYND) $1.91 49.21% Kingtone Wirelessinfo Solutions Holding Ltd. (Nasdaq: KONE) $6.43 48.42% Rennova Health Inc. (OTCMKTS: RNVA) $0.02 44.30% International Tower Hill Mines Ltd. (NYSE: THM) $0.72 41.64% Blonder Tongue Labs Inc. (NYSE: BDR) $1.13 41.14% Bellicum Pharmaceuticals Inc. (Nasdaq: BLCM) $8.87 40.53%As the gains above suggest, penny stocks can provides tremendous returns for investors very quickly. However, it's important to note that investing in penny stocks is also inherently risky.
Hot Tech Stocks To Watch Right Now: Aerohive Networks, Inc.(HIVE)
Advisors' Opinion:- [By Max Byerly]
Leidos (NYSE: LDOS) and Aerohive Networks (NYSE:HIVE) are both aerospace companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, earnings, valuation, profitability, risk and dividends.
- [By Logan Wallace]
Aerohive Networks Inc (NYSE:HIVE) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 573,420 shares, a drop of 35.3% from the May 31st total of 885,671 shares. Based on an average trading volume of 381,201 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.8% of the shares of the stock are short sold.
- [By Stephan Byrd]
Here are some of the news articles that may have effected Accern’s rankings:
Get Anthera Pharmaceuticals alerts: Cystic Fibrosis Drugs Market – Future Growth Prospects and Industry Trends Analyzed Till 2025 (digitaljournal.com) Analysts Anticipate Anthera Pharmaceuticals Inc (ANTH) Will Announce Earnings of -$0.60 Per Share (americanbankingnews.com) News Buzz : Blink Charging Co. (NASDAQ:BLNK), Genocea Biosciences, Inc. (NASDAQ:GNCA), Anthera … (journalfinance.net) Current Lumpy Stocks:: Jounce Therapeutics, Inc. (NASDAQ:JNCE), Aerohive Networks, Inc. (NYSE:HIVE), Anthera … (journalfinance.net) Porous, non-porous tantalum cups yielded similar septic, aseptic risks after revision THA (healio.com)ANTH has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Anthera Pharmaceuticals from a “hold” rating to a “buy” rating and set a $1.75 target price on the stock in a research report on Tuesday, February 13th. Jefferies Financial Group reiterated a “hold” rating and set a $0.50 target price on shares of Anthera Pharmaceuticals in a research report on Thursday, March 15th. Roth Capital initiated coverage on Anthera Pharmaceuticals in a research report on Wednesday, February 21st. They set a “buy” rating and a $10.00 target price on the stock. Finally, Piper Jaffray Companies downgraded Anthera Pharmaceuticals from an “overweight” rating to an “underweight” rating in a research report on Monday, March 12th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $3.44.
- [By ]
Our Biggest Loser... And A Bunch Of Big Wins
Our biggest loser was back in January when we closed out of small communications equipment firm Aerohive Networks (Nasdaq: HIVE). On January 17, the company made a statement about its upcoming fourth-quarter earnings release, warning that revenue would likely be near the lower end of its guidance range. Investors didn't take kindly to the news and sent shares tumbling by roughly 30%... well below our 15% trailing stop-loss. We ended up closing out with a 35% loss on the trade.
Hot Tech Stocks To Watch Right Now: LightPath Technologies, Inc.(LPTH)
Advisors' Opinion:- [By Lisa Levin] Gainers Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares rose 14.1 percent to $3.65 in the pre-market trading session after reporting 2017 year-end results. LightPath Technologies, Inc. (NASDAQ: LPTH) rose 13.3 percent to $2.43 in pre-market trading after reporting a third-quarter earnings beat. MYnd Analytics, Inc. (NASDAQ: MYND) rose 10.5 percent to $3.49 in pre-market trading. MYnd Analytics reported a Q2 net loss of $2.7 million on revenue of $459,900. SORL Auto Parts, Inc. (NASDAQ: SORL) shares rose 8.4 percent to $5.68 in pre-market trading after reporting upbeat Q1 results. Famous Dave's of America, Inc. (NASDAQ: DAVE) shares rose 7.7 percent to $8.40 in pre-market trading after the company reported upbeat earnings for its first quarter on Monday. Xenon Pharmaceuticals Inc. (NASDAQ: XENE) rose 7.5 percent to $6.45 in pre-market trading after the company presented XEN901 Phase 1 clinical update and XEN1101 TMS pharmacodynamic Phase 1 data. Mimecast Ltd (NASDAQ: MIME) rose 6.5 percent to $43.50 in pre-market trading following a first-quarter sales beat. Boxlight Corporation (NASDAQ: BOXL) rose 6 percent to $12.50 in pre-market trading after surging 77.44 percent on Monday. Intellia Therapeutics, Inc. (NASDAQ: NTLA) shares rose 6 percent to $26.05 in pre-market trading after climbing 3.58 percent on Monday. PPDAI Group Inc. (NASDAQ: PPDF) rose 4.7 percent to $7.20 in pre-market trading following Q1 results. Xunlei Limited (NASDAQ: XNET) rose 4.1 percent to $13.88 in pre-market trading after gaining 2.54 percent on Monday. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) shares rose 4.5 percent to $21.73 in pre-market trading. Mizuho upgraded Valeant from Neutral to Buy. Bovie Medical Corporation (NYSE: BVX) rose 4.1 percent to $3.80 in pre-market trading after reporting a first-quarter sales beat. Myomo, Inc. (NYSE: MYO) rose 3.4 percent to $4.00 in pre-market trading after jumping 23.25 percent o
- [By Joseph Griffin]
Headlines about LightPath Technologies (NASDAQ:LPTH) have been trending somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LightPath Technologies earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.9867601112654 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Hot Tech Stocks To Watch Right Now: Leidos Holdings, Inc.(LDOS)
Advisors' Opinion:- [By Lou Whiteman]
Scale matters in the government IT business, as larger companies are better able to manage the increasingly large and complex systems customers demand, and a broader cost basis helps in putting together low-cost, competitive bids. In recent years, a wave of mergers and acquisitions has left a clear top two in the market. Industry leader Leidos Holdings (NYSE:LDOS) in 2016 bought the IT business of Lockheed Martin, while General Dynamics (NYSE:GD) vaulted to No. 2 earlier this year via its acquisition of CSRA.
- [By Lou Whiteman]
Scale is essential in the government services business, with federal and state customers looking to hand off increasingly large and complex systems to third parties. CACI is less than half the size of $10 billion-sales Leidos Holdings (NYSE:LDOS) and the newly combined General Dynamics/CSRA government business and is smaller than other rivals including Booz Allen Hamilton (NYSE:BAH) and arguably needs to be aggressive. CACI is an experienced acquirer, having done more than two dozen deals over the last 15 years, but any future purchase will add some integration risk.
- [By Lou Whiteman]
Kratos Defense & Security Solutions (NASDAQ:KTOS) and Leidos Holdings (NYSE:LDOS) are two specialists serving separate parts of the U.S. defense market. Though they are chasing different business, both see opportunities for market-beating growth in the quarters to come.
