Infosys Technologies Limited (INFY) is trading down about 6% on earnings. Earnings for the last quarter were good for Infosys. Projections for the September quarter for Infosys are for earnings of $0.67 to $0.68 compared to consensus of $0.71. Infosys has 133,000 employees. Given the
Microchip (MCHP) reported earnings after the close yesterday. Earnings for Microchip were truly terrible. This morning the Wall Street brokers are downgrading Microchip en masse. Microchip notes that consumer business was soft. Our research shows that Microchip derives about one-third of its business from consumer oriented products.
International Game Technology (IGT) makes gaming video terminals. State of Illinois just approved putting video gaming devices at licensed liquor establishments. We estimate that this will create demand for about 35000 new devices and International Game Technology will probably sell about 10,000 new devices. Other competitors are
Lumber Liquidators (LL) is a specialty retailer of hardwood flooring. Lumber Liquidator reported terrible earnings. Lumber Liquidators is down $7.28. The down move is justified. However, we do not invest looking in the rear view mirror, we invest looking forward. The overall stock market has
There are reports today that Nvidia (NVDA) and Atmel (ATML) components are in the upcoming tablet from Amazon (AMZN). If there is any actionable signal it will be provided in the Real Time Feed of the ZYX Buy Change Alert.
Apollo Group (APOL) is one of the largest for-profit education companies. To be included in On Our Radar Alerts, a stock has to meet at least four of the six screens of the ZYX Change Method. A further requirement is that the probability of the other two screens being
Nvidia (NVDA) is one of the worst performing stocks in NASDAQ 100 today. Nvidia has not performed in spite of receiving an upgrade. Now Nvidia has retraced to the level where the bull breakout started. From a technical perspective such a level often acts as a
Garmin (GRMN) is slumping hard today. Garmin makes GPS systems and devices. Its main competitor from Europe, Tom Tom reported slumping sales from GPS devices in the U.S. Garmin is down in sympathy. If there is an actionable signal, it will be provided on the Real
Here are the exerpts of the article on Netflix (NFLX) and Microsoft (MSFT) by Nigam Arora. Netflix Dodges Facebook Bullet Most investors, including me, have been very concerned about the threat that Facebook poses to Netflix (NFLX). I am long on Netflix from $101.00. I carry a heavy weight on
Short squeeze on ZAGG (ZAGG) continues. We are taking advantage of this short squeeze in ZAGG and adding a 15% tranche at $15.07. Our long-term target on ZAGG is $3.00. Those not in ZAGG can initiate a tranche right here but only if they have prior