Micron Technology, Inc. (NASDAQ: MU) reported fiscal first-quarter financial results after markets closed Tuesday. The company posted $2.45 in earnings per share (EPS) and $6.8 billion in revenue, compared with consensus estimates from Thomson Reuters that called for $2.19 in EPS and $6.41 billion in revenue. The same period from last year had $0.32 in EPS and $3.97 billion in revenue.
During the quarter, revenues increased 11% compared to the fourth quarter of 2017, reflecting increased demand for our mobile, server, and SSD products.
Also consolidated gross margin grew to 55.1% from 50.7%, sequentially, reflecting margin expansion for both DRAM and Trade NAND products supported by ongoing strength in the pricing environment and a favorable product mix.
Looking ahead to the fiscal second-quarter, Micron expects to see EPS in the range of $2.51 to $2.65 and revenues in the range of $6.8 billion to $7.2 billion. The consensus estimates are calling for earnings to be in the range of $2.51 to $2.65 per share in the coming quarter.
Top 10 Tech Stocks To Invest In Right Now: ServiceNow, Inc.(NOW)
Advisors’ Opinion:
- [By Jeremy Bowman]
Shares of ServiceNow (NYSE:NOW) climbed last month after the cloud-based IT solutions provider delivered another blowout earnings report. According to data from S&P Global Market Intelligence, the stock finished January up 24%.
- [By Stephan Byrd]
Cabot Wealth Management Inc. purchased a new stake in ServiceNow Inc (NYSE:NOW) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,505 shares of the information technology services provider’s stock, valued at approximately $2,069,000.
- [By Lee Jackson]
This red-hot momentum stock has had an outstanding year. ServiceNow Inc. (NYSE: NOW) develops and sells a hosted, subscription-based suite of services designed to automate various IT department functions, such as help desk, operations management and change/release management.
Top 10 Tech Stocks To Invest In Right Now: Castlight Health, inc.(CSLT)
Advisors’ Opinion:
- [By Joseph Griffin]
Gagnon Advisors LLC grew its stake in shares of Castlight Health Inc (NYSE:CSLT) by 29.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,169,056 shares of the software maker’s stock after acquiring an additional 267,662 shares during the period. Castlight Health makes up approximately 3.1% of Gagnon Advisors LLC’s portfolio, making the stock its 17th largest position. Gagnon Advisors LLC’s holdings in Castlight Health were worth $4,968,000 at the end of the most recent reporting period.
- [By Max Byerly]
Zendesk (NYSE: ZEN) and Castlight Health (NYSE:CSLT) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, risk, earnings, profitability, valuation, analyst recommendations and institutional ownership.
- [By Ethan Ryder]
Castlight Health Inc (NYSE:CSLT) shot up 2.6% on Monday . The stock traded as high as $3.10 and last traded at $2.97. 6,914 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 535,927 shares. The stock had previously closed at $3.05.
- [By Max Byerly]
Get a free copy of the Zacks research report on Castlight Health (CSLT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Inovalon (NASDAQ:INOV) and Castlight Health (NYSE:CSLT) are both small-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.
Top 10 Tech Stocks To Invest In Right Now: DSP Group Inc.(DSPG)
Advisors’ Opinion:
- [By Max Byerly]
AU Optronics (NYSE: AUO) and DSP Group (NASDAQ:DSPG) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, earnings, risk and valuation.
- [By Motley Fool Transcribers]
DSP Group Inc (NASDAQ:DSPG)Q4 2018 Earnings Conference CallFeb. 04, 2019, 8:30 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Shane Hupp]
Needham & Company LLC restated their buy rating on shares of DSP Group (NASDAQ:DSPG) in a report issued on Friday morning. The firm currently has a $15.00 price objective on the semiconductor company’s stock.
Top 10 Tech Stocks To Invest In Right Now: Enphase Energy, Inc.(ENPH)
Advisors’ Opinion:
- [By Chris Lange]
Enphase Energy, Inc. (NASDAQ: ENPH) saw shares up sharply on Wednesday after the firm announced that it would be acquiring SunPower Corp.’s (NASDAQ: SPWR) microinverter business. The transaction is expected to close at the end of the third quarter of 2018.
- [By Travis Hoium]
Shares of microinverter manufacturer Enphase Energy Inc (NASDAQ:ENPH) jumped as much as 14.8% in trading Thursday after announcing a new residential solar partner. Shares settled down somewhat late in the day but were still up 8.8% at 3:40 p.m. EDT.
- [By Travis Hoium]
A year ago, Enphase Energy (NASDAQ:ENPH) was on the brink of collapse. The company was reporting unsustainable losses and revenue was falling as competition in the module-level electronics business picked up.
- [By Travis Hoium]
Shares of microinverter Enphase Energy Inc (NASDAQ:ENPH) jumped as much as 38.4% in trading Wednesday after the company announced an important acquisition of SunPower’s (NASDAQ:SPWR) microinverter business. Shares held steady with their gains throughout the day and were up 34% at 11:50 a.m. EDT.
- [By Lisa Levin] Gainers
Blink Charging Co. (NASDAQ: BLNK) shares climbed 31.68 percent to close at $7.19 on Wednesday. Blink Charging reported Q1 net income of $2.2 million, versus a year-ago net loss of $3.1 million.
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) shares gained 24.15 percent to close at $3.29. Eleven Biotherapeutics posted a Q1 loss of $0.11 per share.
21Vianet Group, Inc. (NASDAQ: VNET) shares surged 24 percent to close at $6.82.
Check-Cap Ltd. (NASDAQ: CHEK) gained 20.25 percent to close at $4.87.
HUYA Inc. (NYSE: HUYA) shares surged 18.42 percent to close at $22.50
Abaxis, Inc. (NASDAQ: ABAX) rose 16.15 percent to close at $83.34. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash.
Pain Therapeutics, Inc. (NASDAQ: PTIE) shares jumped 16.07 percent to close at $10.62.
Bilibili Inc. (NASDAQ: BILI) rose 16.04 percent to close at $14.11.
Gemphire Therapeutics Inc. (NASDAQ: GEMP) gained 14.88 percent to close at $6.33.
Phoenix New Media Limited (NYSE: FENG) rose 13.96 percent to close at $5.55.
Daqo New Energy Corp. (NYSE: DQ) jumped 13.88 percent to close at $67.27 on Wednesday.
Sea Limited (NYSE: SE) jumped 12.59 percent to close at $11.98 after reporting Q1 results.
Viking Therapeutics, Inc. (NASDAQ: VKTX) rose 12.01 percent to close at $5.13.
Ascena Retail Group, Inc. (NASDAQ: ASNA) gained 11.93 percent to close at $3.19.
Boot Barn Holdings, Inc. (NYSE: BOOT) climbed 11.66 percent to close at $24.52 on Wednesday after the company reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance.
Macy's, Inc. (NYSE: M) rose 10.83 percent to close at $33.17 after the company reported stronger-than-expected results for its first quarter and lifted guidance.
ChemoCentryx, Inc. (NASDAQ: CCXI) gained 9.36 percent to close at $12.50. Canaccord Genuity initiated coverage on ChemoCentryx with a Buy rating.
Biolinerx Ltd/S ADR (NASDAQ: BLRX) - [By Travis Hoium]
Shares of microinverter manufacturer Enphase Energy Inc. (NASDAQ:ENPH) jumped as much as 13.4% in trading Tuesday after one of its customers got some positive tariff news. At 3:10 p.m. EDT, shares were trading 13% higher and seem poised to end the day up double digits.
Top 10 Tech Stocks To Invest In Right Now: Internap Network Services Corporation(INAP)
Advisors’ Opinion:
- [By Shane Hupp]
GDS (NASDAQ: INAP) and Internap (NASDAQ:INAP) are both business services companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, earnings and analyst recommendations.
- [By Stephan Byrd]
Internap (NASDAQ:INAP) issued its quarterly earnings data on Thursday. The information technology services provider reported ($0.70) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.13), MarketWatch Earnings reports. The business had revenue of $74.20 million for the quarter, compared to analyst estimates of $73.99 million. Internap had a negative return on equity of 271.76% and a negative net margin of 16.15%. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.02) earnings per share.
- [By Ethan Ryder]
Shares of Internap Corp (NASDAQ:INAP) saw unusually-strong trading volume on Tuesday . Approximately 1,086,029 shares traded hands during mid-day trading, an increase of 306% from the previous session’s volume of 267,673 shares.The stock last traded at $5.85 and had previously closed at $5.32.
Top 10 Tech Stocks To Invest In Right Now: GigaMedia Limited(GIGM)
Advisors’ Opinion:
- [By Logan Wallace]
Deutsche Bank AG grew its position in GigaMedia Limited (NASDAQ:GIGM) by 69.3% during the fourth quarter, Holdings Channel reports. The fund owned 46,885 shares of the technology company’s stock after acquiring an additional 19,185 shares during the quarter. Deutsche Bank AG’s holdings in GigaMedia were worth $142,000 at the end of the most recent reporting period.
Top 10 Tech Stocks To Invest In Right Now: CSG Systems International Inc.(CSGS)
Advisors’ Opinion:
- [By Stephan Byrd]
Get a free copy of the Zacks research report on CSG International (CSGS)
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- [By Joseph Griffin]
Xact Kapitalforvaltning AB boosted its holdings in CSG Systems International, Inc. (NASDAQ:CSGS) by 29.6% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 6,130 shares of the technology company’s stock after buying an additional 1,400 shares during the period. Xact Kapitalforvaltning AB’s holdings in CSG Systems International were worth $278,000 at the end of the most recent reporting period.
- [By Joseph Griffin]
News articles about CSG Systems International (NASDAQ:CSGS) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CSG Systems International earned a news impact score of 0.14 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.8716525043945 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
- [By Ethan Ryder]
B. Riley began coverage on shares of CSG Systems International (NASDAQ:CSGS) in a report released on Thursday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $51.00 target price on the technology company’s stock.
- [By Logan Wallace]
Get a free copy of the Zacks research report on CSG Systems International (CSGS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Tech Stocks To Invest In Right Now: Microvision Inc.(MVIS)
Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Microvision (MVIS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Get a free copy of the Zacks research report on Microvision (MVIS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
IMPINJ (NASDAQ: PI) and MicroVision (NASDAQ:MVIS) 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 dividends, profitability, risk, valuation, institutional ownership, analyst recommendations and earnings.
Top 10 Tech Stocks To Invest In Right Now: Digital Ally Inc.(DGLY)
Advisors’ Opinion:
- [By Logan Wallace]
Digital Ally (NASDAQ:DGLY)‘s stock had its “buy” rating reiterated by equities research analysts at Westpark Capital in a research note issued on Wednesday. They currently have a $5.00 target price on the scientific and technical instruments company’s stock. Westpark Capital’s price objective indicates a potential upside of 17.65% from the company’s current price.
- [By Max Byerly]
Digital Ally (NASDAQ:DGLY) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.
- [By Max Byerly]
Press coverage about Digital Ally (NASDAQ:DGLY) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Digital Ally earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the scientific and technical instruments company an impact score of 45.1932077082068 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Top 10 Tech Stocks To Invest In Right Now: Materialise NV(MTLS)
Advisors’ Opinion:
- [By Logan Wallace]
News coverage about Materialise (NASDAQ:MTLS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Materialise earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 46.5867221134452 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
- [By Logan Wallace]
TheStreet upgraded shares of Materialise (NASDAQ:MTLS) from a c+ rating to a b- rating in a research report report published on Thursday.
Several other brokerages have also commented on MTLS. BidaskClub upgraded shares of Materialise from a sell rating to a hold rating in a report on Tuesday, August 28th. ValuEngine upgraded shares of Materialise from a hold rating to a buy rating in a report on Friday, August 24th. Finally, Zacks Investment Research lowered shares of Materialise from a hold rating to a strong sell rating in a report on Thursday, August 9th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of $19.00.
- [By Stephan Byrd]
Materialise (NASDAQ:MTLS) was upgraded by analysts at ValuEngine from a hold rating to a buy rating.
Royal Caribbean Cruises (NYSE:RCL) was upgraded by analysts at ValuEngine from a sell rating to a hold rating.