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Top 10 Tech Stocks To Invest In Right Now

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)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [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.

Hot Undervalued Stocks To Buy Right Now

We continue to believe that financial stocks are quite undervalued as well. During the quarter we made a new investment in Ally Financial (NYSE:ALLY). Ally was founded nearly a century ago as General Motors Acceptance Corporation. Its purpose then was to provide financing to GM dealers and retail customers. Today, Ally is no longer owned by GM. It serves a wide variety of dealers (including Ford, Chrysler and Toyota), and it is carefully building a consumer franchise. In our view, investors are myopically concerned that the auto business is at a cyclical peak. U.S. auto sales are near record levels, and credit losses are below long-term averages. Some believe Ally’s earnings have nowhere to go but down. We believe cyclical pressures will be more than offset by continued internal improvements, such as funding cost reductions (low-cost online deposits grew 19% in the third quarter of 2016) and improving the capital structure. With Ally’s stock trading at roughly 68% of tangible book value, we believe Ally is a compelling addition to the Oakmark Select Fund. We didn’t eliminate any positions during the quarter and exit 2016 with 20 investments in the portfolio.

From Bill Nygren (Trades, Portfolio)’s Oakmark Select Fund fourth quarter 2016 commentary.

Hot Undervalued Stocks To Buy Right Now: Graham Corporation(GHM)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Boston Partners cut its position in shares of Graham Co. (NYSE:GHM) by 13.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,865 shares of the industrial products company’s stock after selling 18,215 shares during the quarter. Boston Partners owned about 1.17% of Graham worth $2,439,000 at the end of the most recent reporting period.

Hot Undervalued Stocks To Buy Right Now: Enphase Energy, Inc.(ENPH)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Blink Charging Co. (NASDAQ: BLNK) shares jumped 26.5 percent to $6.9042. 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 climbed 17.4 percent to $3.11. Eleven Biotherapeutics posted a Q1 loss of $0.11 per share.
    Flanigan's Enterprises, Inc. (NYSE: BDL) shares jumped 17 percent to $27.97 following Q2 results. Flanigan's Enterprises posted Q2 earnings of $0.75 per share on sales of $29.456 million.
    Borqs Technologies, Inc. (NASDAQ: BRQS) rose 15.8 percent to $8.05 after reporting Q1 results.
    Abaxis, Inc. (NASDAQ: ABAX) jumped 15.3 percent to $82.75. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash.
    21Vianet Group, Inc. (NASDAQ: VNET) gained 15.1 percent to $6.33.
    Gemphire Therapeutics Inc. (NASDAQ: GEMP) rose 13.8 percent to $6.27.
    Enphase Energy, Inc. (NASDAQ: ENPH) gained 12.8 percent to $5.98. H.C. Wainwright initiated coverage on Enphase Energy with a Buy rating.
    PetIQ Inc (NASDAQ: PETQ) shares surged 12.1 percent to $21.68 after reporting a first-quarter sales beat.
    NF Energy Saving Corporation (NASDAQ: NFEC) climbed 11.6 percent to $2.399.
    Allied Healthcare Products, Inc. (NASDAQ: AHPI) surged 11.4 percent to $3.0643.
    Boot Barn Holdings, Inc. (NYSE: BOOT) gained 11.1 percent to $24.40 after the company reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance.
    Ascena Retail Group, Inc. (NASDAQ: ASNA) rose 10.9 percent to $3.16.
    Sea Limited (NYSE: SE) gained 10.1 percent to $11.71 after reporting Q1 results.
    GEE Group, Inc. (NYSE: JOB) climbed 7.9 percent to $2.61 following Q2 results.
    The ONE Group Hospitality, Inc. (NASDAQ: STKS) gained 7.6 percent to $2.41 after reporting Q1 results.
    Biolinerx Ltd/S ADR (NASDAQ: BLRX) rose 7.3 percent to $0.8798 after the company was granted a patent approval. The clinical-st
  • [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 Money Morning News Team]

    (Nasdaq: CNET)

    $2.95 34.76%
    Seadrill Ltd. (NYSE: SDRL) $0.28 33.81%
    Intelsat Corp. (NYSE: I) $9.11 31.50%
    Navios Maritime Midstream Partners LP (NYE: NAP) $4.42 29.18%
    Limelight Networks Inc. (Nasdaq: LLNW) $4.89 28.61%
    Enphase Energy Inc. (Nasdaq: ENPH) $5.05 24.62%

    As you can see in the table above, penny stocks have the potential to provide tremendous returns for enterprising investors. However, it’s important to note that investing in penny stocks is also incredibly risky.

  • [By Dan Caplinger]

    Even with volatility returning to the market, some investors have been fortunate to find the companies that have been able to enjoy success early in the year. In particular, Fossil Group (NASDAQ:FOSL), Axon Enterprise (NASDAQ:AAXN), and Enphase Energy (NASDAQ:ENPH) have gained more than 100% so far in 2018, and some investors think they have further to climb.

  • [By Ethan Ryder]

    Enphase Energy (NASDAQ:ENPH) shot up 1.2% during mid-day trading on Thursday . The company traded as high as $6.04 and last traded at $5.65. 83,628 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 1,595,823 shares. The stock had previously closed at $5.72.

Hot Undervalued Stocks To Buy Right Now: Tsakos Energy Navigation Ltd(TNP)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Tsakos Energy Navigation (TNP)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Undervalued Stocks To Buy Right Now: Pacira Pharmaceuticals, Inc.(PCRX)

Advisors’ Opinion:

  • [By Jon C. Ogg]

    Pacira Pharmaceuticals, Inc. (NASDAQ: PCRX) has found itself in the middle of a great opportunity but not being able to make the last mile of the race. Unfortunately, pain management in a non-opioid treatment has become an elusive target. And it’s too bad when you consider how many people have become addicted to opioids in America.

Hot Undervalued Stocks To Buy Right Now: Alnylam Pharmaceuticals Inc.(ALNY)

Advisors’ Opinion:

  • [By Max Byerly]

    Alnylam Pharmaceuticals (NASDAQ:ALNY) last issued its quarterly earnings results on Thursday, May 3rd. The biopharmaceutical company reported ($1.41) EPS for the quarter, topping analysts’ consensus estimates of ($1.47) by $0.06. The business had revenue of $21.90 million during the quarter, compared to analysts’ expectations of $35.23 million. Alnylam Pharmaceuticals had a negative return on equity of 36.81% and a negative net margin of 565.20%. The business’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($1.25) earnings per share. equities analysts anticipate that Alnylam Pharmaceuticals, Inc. will post -6.7 earnings per share for the current fiscal year.

  • [By Brian Orelli]

    The delay in an FDA decision for Tegsedi puts it behind competitor Alnylam Pharmaceuticals (NASDAQ:ALNY), which expects to hear from the FDA by Aug. 11 for its hATTR drug patisiran. But Sarah Boyce, the president at Akcea Therapeutics, doesn’t think a few months will really matter: “We don’t really feel that’s going to have any impact and the drugs will be close enough together from a launch perspective. So not really [going] to make any adjustments, and we’re very well prepared to be ready to launch following approval.”

  • [By Keith Speights]

    I wrote three months ago that I viewed Alnylam Pharmaceuticals (NASDAQ:ALNY) stock as a pretty good pick — but with a couple of qualifications. First, I didn’t think that the biotech would generate returns in 2018 nearly as great as it did last year. Second, I thought that there were even better stocks to buy than Alnylam.

  • [By Brian Orelli]

    Alnylam Pharmaceuticals (NASDAQ:ALNY) released first-quarter results last week, but all eyes were looking forward as the company waits for a potential approval of its hereditary TTR amyloidosis (ATTR) drug, patisiran.

Hot Undervalued Stocks To Buy Right Now: L Brands, Inc.(LB)

Advisors’ Opinion:

  • [By Asit Sharma]

    Stock in specialty retailer L Brands, Inc. (NYSE:LB) slumped 22.5% in March, according to data fromS&P Global Market Intelligence.

    L Brands’ woes began on the first day of the month, as shares lost nearly 14% in the first trading session following the company’s February 28 release of fourth-quarter and full-year 2017 earnings. Although fourth-quarter sales rose 7.4%, to $4.8 billion, comparable sales improved by just 2 percentage points. Breaking down comparable sales results, “comps” at Victoria’s Secret retail stores declined 6% during the last six months. Deteriorating traffic into Victoria’s Secret’s largely mall-based stores is a significant point of concern for shareholders — the segment is responsible for nearly 60% of total company revenue.

  • [By Lisa Levin]

    Some of the stocks that may grab investor focus today are:

    Wall Street expects Best Buy Co., Inc. (NYSE: BBY) to report quarterly earnings at $0.74 per share on revenue of $8.73 billion before the opening bell. Best Buy shares rose 0.07 percent to $76.00 in after-hours trading.
    Analysts expect Ross Stores, Inc. (NASDAQ: ROST) to post quarterly earnings at $1.07 per share on revenue of $3.54 billion. Ross Stores shares gained 0.12 percent to $82.71 in after-hours trading.
    Williams-Sonoma, Inc. (NYSE: WSM) reported stronger-than-expected results for its first quarter. The company also raised its FY18 earnings and sales guidance. Williams-Sonoma shares climbed 14.88 percent to $56.50 in the after-hours trading session.
    Before the markets open, Medtronic plc (NYSE: MDT) is projected to report quarterly earnings at $1.39 per share on revenue of $8.00 billion. Medtronic shares rose 1.08 percent to $86.18 in after-hours trading.
    Analysts are expecting McKesson Corporation (NYSE: MCK) to have earned $3.56 per share on revenue of $51.25 billion in the latest quarter. McKesson will release earnings before the markets open. McKesson shares gained 0.27 percent to close at $146.83 on Wednesday.
    L Brands Inc (NYSE: LB) reported weaker-than-expected earnings for its first quarter. The company issued weak second quarter and FY18 earnings guidance. L Brands shares dropped 4.85 percent to $32.40 in the after-hours trading session.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Paul Ausick]

    L Brands Inc. (NYSE: LB) traded down about 10% Thursday and posted a new 52-week low of $30.70 after closing Wednesday at $34.12. The stock’s 52-week high is $63.10. Volume totaled around 14 million, about three times the daily average of around 4.5 million. The company warned that profits would we lower than expected when it reports quarterly results on May 23.

Top 10 Tech Stocks To Own Right Now

Image source: Getty Images.

Stocks ended lower on Monday, as weakness in the energy sector outweighed gains in tech shares. The Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes each shed less than 0.5% at the start of a week that will see hundreds of companies post their fourth-quarter earnings results.

Today’s stock market

Index

Percentage Change

Point Change

Dow

(0.14%)

(27.40)

S&P 500

(0.27%)

(6.11)

Data source: Yahoo!Finance.

Volatile precious metal prices ensured that gold miners were once again some of the most heavily traded exchange-traded funds. VanEck Vectors Junior Gold Miners ETF (NYSEMKT:GDXJ)rose 3%, and the leveraged Direxion Daily Gold Miners Bull 3X ETF (NYSEMKT:NUGT)jumped 9% on the day.

Top 10 Tech Stocks To Own Right Now: Ultra Clean Holdings, Inc.(UCTT)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Friday, technology shares fell 3.59 percent. Meanwhile, top losers in the sector included Ultra Clean Holdings Inc (NASDAQ: UCTT), down 5 percent, and Brooks Automation, Inc (NASDAQ: BRKS), down 10 percent.

  • [By Lisa Levin] Gainers
    Genprex, Inc. (NASDAQ: GNPX) shares gained 86.76 percent to close at $11.00 on Thursday.
    Comstock Resources, Inc. (NYSE: CRK) shares climbed 47.06 percent to close at $7.00 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes.
    Ceridian HCM Holding Inc. (NASDAQ: CDAY) gained 41.86 percent to close at $31.21.
    MarineMax, Inc. (NYSE: HZO) shares rose 26.5 percent to close at $22.20 as the company posted upbeat Q2 results and raised its FY18 outlook.
    Concord Medical Services Holdings Limited (NYSE: CCM) jumped 24.92 percent to close at $4.06.
    Mattersight Corporation (NASDAQ: MATR) shares climbed 23.26 percent to close at $2.65 after the company agreed to be purchased by NICE Ltd.
    Chipotle Mexican Grill, Inc. (NYSE: CMG) rose 24.44 percent to close at $422.50 as the company reported stronger-than-expected results for its first quarter on Wednesday.
    Ultra Clean Holdings, Inc. (NASDAQ: UCTT) gained 17.75 percent to close at $18.64 following upbeat Q1 earnings.
    PCM, Inc. (NASDAQ: PCMI) rose 16.59 percent to close at $12.30 following Q1 results.
    Zymeworks Inc. (NASDAQ: ZYME) rose 16.06 percent to close at $15.25.
    Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) shares climbed 14.5 percent to close at $121.42 as the company posted reported Q1 beat And raised FY18 outlook.
    Advanced Micro Devices, Inc. (NASDAQ: AMD) shares gained 13.7 percent to close at $11.04 as the company reported upbeat results for its first quarter.
    Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 13.21 percent to close at $3.00 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
    O'Reilly Automotive, Inc. (NASDAQ: ORLY) jumped 13.06 percent to close at $257.40 following upbeat Q1 profit.
    BioTelemetry,
  • [By Lisa Levin] Gainers
    Comstock Resources, Inc. (NYSE: CRK) shares shot up 52 percent to $7.235 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes.
    MarineMax, Inc. (NYSE: HZO) shares gained 24.2 percent to $21.80 as the company posted upbeat Q2 results and raised its FY18 outlook.
    Mattersight Corporation (NASDAQ: MATR) shares rose 22 percent to $2.625 after the company agreed to be purchased by NICE Ltd.
    Chipotle Mexican Grill, Inc. (NYSE: CMG) jumped 21.3 percent to $411.871 as the company reported stronger-than-expected results for its first quarter on Wednesday.
    Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 17 percent to $3.10 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
    Ultra Clean Holdings, Inc. (NASDAQ: UCTT) rose 15.9 percent to $18.34 following upbeat Q1 earnings.
    PCM, Inc. (NASDAQ: PCMI) gained 15.6 percent to $12.20 following Q1 results.
    O'Reilly Automotive, Inc. (NASDAQ: ORLY) surged 14.4 percent to $260.3901 following upbeat Q1 profit.
    Concord Medical Services Holdings Limited (NYSE: CCM) gained 13.8 percent to $3.70.
    Penn National Gaming, Inc. (NASDAQ: PENN) rose 13.5 percent to $29.815 after reporting strong Q1 results.
    BioTelemetry, Inc. (NASDAQ: BEAT) rose 13.5 percent to $38.30 as the company reported stronger-than-expected earnings for its first quarter.
    Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rose 13.1 percent to $10.985 as the company reported upbeat results for its first quarter.
    SJW Group (NYSE: SJW) shares gained 11.8 percent to $63.59 following Q1 results. California Water Service Group made an offer for SJW.
    Churchill Downs Incorporated (NASDAQ: CHDN) climbed 9.8 percent to $278.40 following Q1 results.
    CYS Investments, Inc. (NYSE: CYS)
  • [By Evan Niu, CFA]

    Shares of Ultra Clean Holdings (NASDAQ:UCTT) have skyrocketed today, up by 17% as of 12 p.m. EDT, after the company reportedfirst-quarter earnings. Its bottom-line profit easily toppedanalyst expectations.

Top 10 Tech Stocks To Own Right Now: SemiLEDS Corporation(LEDS)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Check-Cap Ltd. (NASDAQ: CHEK) shares jumped 104.82 percent to close at $14.87 on Tuesday.
    EVINE Live Inc. (NASDAQ: EVLV) rose 31.25 percent to close at $1.06. The pay-TV home shopping company was named as a potential acquisition target by TechCrunch. According to the publication, Amazon.com, Inc. (NASDAQ: AMZN) is exploring ways of marketing its products and services to consumers beyond the internet.
    SemiLEDs Corporation (NASDAQ: LEDS) shares climbed 27.16 percent to close at $4.26 on Tuesday.
    Atossa Genetics Inc. (NASDAQ: ATOS) gained 27.09 percent to close at $3.80. Atossa Genetics disclosed that it has Received positive interim review from the Independent Safety Committee in Phase 1 Topical endoxifen dose escalation study in men.
    Heidrick & Struggles International, Inc. (NASDAQ: HSII) surged 17.13 percent to close at $37.95 as the company posted upbeat results for its first quarter.
    Santander Consumer USA Holdings Inc. (NYSE: SC) shares gained 15.91 percent to close at $18.21 following upbeat quarterly earnings.
    Riot Blockchain, Inc. (NASDAQ: RIOT) shares jumped 15.73 percent to close at $7.58 on Tuesday after declining 1.50 percent on Monday.
    Sanmina Corp (NASDAQ: SANM) shares gained 14.62 percent to close at $31.75 as the company reported stronger-than-expected earnings for its second quarter on Monday.
    Orchids Paper Products Company (NYSE: TIS) jumped 12.86 percent to close at $7.37. Orchids Paper Products is expected to report its Q1 financial results on Wednesday, April 25, 2018.
    Helix Energy Solutions Group, Inc. (NYSE: HLX) rose 12.8 percent to close at $7.05 following strong quarterly results.
    Avid Bioservices, Inc. (NASDAQ: CDMO) rose 12.72 percent to close at $3.81.
    Genprex, Inc. (NASDAQ: GNPX) gained 12.61 percent to close at $5.00.
    Obalon Therapeutics, Inc. (NASDAQ: OBLN) rose 12.39 percent to close at $3.72.
    NextDecade Corporation (NASDAQ: NEXT) shares climbed 11.88 percent to close at $7
  • [By Lisa Levin]

    SemiLEDs Corporation (NASDAQ: LEDS) was down, falling around 17 percent to $6.75 following Q2 earnings report. SemiLEDS reported a Q3 loss of $1.06 per share on revenue of $2.4 million.

  • [By Lisa Levin] Gainers
    SemiLEDs Corporation (NASDAQ: LEDS) shares rose 35.8 percent to $4.55.
    EVINE Live Inc. (NASDAQ: EVLV) gained 28.8 percent to $1.04. The pay-TV home shopping company was named as a potential acquisition target by TechCrunch. According to the publication, Amazon.com, Inc. (NASDAQ: AMZN) is exploring ways of marketing its products and services to consumers beyond the internet.
    Sanmina Corp (NASDAQ: SANM) shares surged 19.1 percent to $33.00 as the company reported stronger-than-expected earnings for its second quarter on Monday.
    Heidrick & Struggles International, Inc. (NASDAQ: HSII) gained 14.9 percent to $37.22 as the company posted upbeat results for its first quarter.
    Santander Consumer USA Holdings Inc. (NYSE: SC) shares climbed 14 percent to $17.90 following upbeat quarterly earnings.
    Helix Energy Solutions Group, Inc. (NYSE: HLX) climbed 14 percent to $7.12 following strong quarterly results.
    Check-Cap Ltd. (NASDAQ: CHEK) gained 13.6 percent to $8.25.
    Atossa Genetics Inc. (NASDAQ: ATOS) rose 11.8 percent to $3.34. Atossa Genetics disclosed that it has Received positive interim review from the Independent Safety Committee in Phase 1 Topical endoxifen dose escalation study in men.
    Cadence Design Systems, Inc. (NASDAQ: CDNS) gained 11.6 percent to $40.99 after the company posted upbeat Q1 results and issued a strong Q2 forecast.
    Genprex, Inc. (NASDAQ: GNPX) climbed 11.2 percent to $4.9363.
    Mitel Networks Corporation (NASDAQ: MITL) rose 10.5 percent to $11.23 after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion.
    Systemax Inc. (NYSE: SYX) rose 10.2 percent to $30.86. Sidoti & Co. upgraded Systemax from Neutral to Buy.
    Orchids Paper Products Company (NYSE: TIS) surged 9.2 percent to $7.13. Orchids Paper Products is expected to report its Q1 financial results on Wednesday, April 25, 2018.
    New Oriental Education & Technology Group Inc. (NYSE: EDU) rose
  • [By Ross Cameron – Warrior Trading]

    I look at stocks like Sunshine Heart Inc (NASDAQ: CHFS), which has a beta of 2.38 (remember, a beta greater than 1 means more volatility), or SemiLEDs Corporation (NASDAQ: LEDS), with a beta of 2.26. Both of these have been recent winners for me. If this means I’m trading penny stocks, then that’s fine. My key is to stick with my system, which is why I’ve been successful — and had the best day of my career).

  • [By Monica Gerson]

    SemiLEDs Corporation (NASDAQ: LEDS) is estimated to post its quarterly earnings.

    Staffing 360 Solutions Inc (NASDAQ: STAF) is expected to post a quarterly loss at $0.28 per share.

Top 10 Tech Stocks To Own Right Now: EMCORE Corporation(EMKR)

Advisors’ Opinion:

  • [By Peter Graham]

    Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is themostshorted stock on theNASDAQ with short interest of 62.65% according to Highshortnterest.com.

  • [By Peter Graham]

    Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is thefifth mostshorted stock on theNASDAQ with short interest of 47.69% according to Highshortnterest.com.

  • [By Lisa Levin]

    Shares of EMCORE Corporation (NASDAQ: EMKR) got a boost, shooting up 30 percent to $8.38 after the company posted upbeat Q4 results.

    Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) shares were also up, gaining 17 percent to $56.39 after the company reported stronger-than-expected results for its third quarter and boosted its full year net income guidance.

Top 10 Tech Stocks To Own Right Now: Itron Inc.(ITRI)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Silver Spring Networks Inc (NYSE: SSNI) got a boost, shooting up 24 percent to $16.11. Itron, Inc. (NASDAQ: ITRI) announced plans to acquire Silver Spring Networks for $16.25 per share.

Top 10 Tech Stocks To Own Right Now: Semtech Corporation(SMTC)

Advisors’ Opinion:

  • [By Monica Gerson]

    Semtech Corporation (NASDAQ: SMTC) is projected to post its quarterly earnings at $0.27 per share on revenue of $128.38 million.

    Ollie’s Bargain Outlet Holdings Inc (NASDAQ: OLLI) is estimated to post its quarterly earnings at $0.17 per share on revenue of $190.44 million.

Top 10 Tech Stocks To Own Right Now: Enphase Energy, Inc.(ENPH)

Advisors’ Opinion:

  • [By Money Morning News Team]

    (Nasdaq: CNET)

    $2.95 34.76%
    Seadrill Ltd. (NYSE: SDRL) $0.28 33.81%
    Intelsat Corp. (NYSE: I) $9.11 31.50%
    Navios Maritime Midstream Partners LP (NYE: NAP) $4.42 29.18%
    Limelight Networks Inc. (Nasdaq: LLNW) $4.89 28.61%
    Enphase Energy Inc. (Nasdaq: ENPH) $5.05 24.62%

    As you can see in the table above, penny stocks have the potential to provide tremendous returns for enterprising investors. However, it’s important to note that investing in penny stocks is also incredibly risky.

  • [By Ben Levisohn]

    UPDATE: I stand corrected. There does appear to be a reason for First Solar’s market-leading move today. Axiom Capital’s Gordon Johnson attributes the rise to the $10 million investment in Enphase Energy (ENPH), which makes “microinverter systems for the solar photovoltaic industry,” by investors T.J. Rodgers and John Doerr.

  • [By ]

    This direct current (DC) optimized inverter system maximizes power generation at the individual PV module level while lowering the cost of energy produced by the solar PV system. SolarEdge’s patented inverter is not only best in class, but also contains an energy storage unit and/or charger, which differentiates it from its main competitor, Enphase energy (Nasdaq: ENPH).

Top 10 Tech Stocks To Own Right Now: Analog Devices, Inc.(ADI)

Advisors’ Opinion:

  • [By ]

    An Attractive Tech Stock At A Killer Price
    This week, I’m recommending an income opportunity in Analog Devices (Nasdaq: ADI). It’s a stock that fared better than most in the recent selloff, a bullish indicator for the short term.

  • [By Lisa Levin]

    Analysts at Wells Fargo downgraded Analog Devices, Inc. (NASDAQ: ADI) from Outperform to Market Perform.

    Analog Devices shares rose 4.83 percent to close at $81.60 on Wednesday.

  • [By Leo Sun]

    If you think that Apple still has room to run, you should also check out three of its top suppliers — Cirrus Logic (NASDAQ:CRUS), Analog Devices (NASDAQ:ADI), and Skyworks Solutions (NASDAQ:SWKS) — which could all be lifted by the tech giant’s rally.

  • [By ]

    After ams reported the shortfall, the SOX index dipped to about 1% above its 200-day moving average. Among the worst performers on the index are Micron Technology Inc. (MU) , down 3.16% Monday, Skyworks Solutions Inc. (SWKS) , down 2.79%, and Analog Devices Inc. (ADI) , down 1.97%.

Top 10 Tech Stocks To Own Right Now: AU Optronics Corp(AUO)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows shares of Corning Incorporated in a largely steady uptrend since we recommended the stock while Universal Display Corporation (NASDAQ: OLED) skyrocketed last yearand LG Display Co Ltd (NYSE: LPL) and AU Optronics Corp (NYSE: AUO) have not done much:

  • [By Peter Graham]

    A long term performance chart shows shares of Corning Incorporated in a steady uptrend since we recommended the stock while Universal Display Corporation (NASDAQ: OLED) has taken off even higher and LG Display Co Ltd (NYSE: LPL) and AU Optronics Corp (NYSE: AUO) have given a similar performance:

Top 10 Tech Stocks To Own Right Now: Barracuda Networks, Inc.(CUDA)

Advisors’ Opinion:

  • [By Lisa Levin]

    Barracuda Networks Inc (NYSE: CUDA) was down, falling around 16 percent to $19.57. Barracuda posted upbeat earnings for its fourth quarter, but issued a disappointing forecast.

  • [By Anders Bylund]

    Shares of Barracuda Networks (NYSE:CUDA) fell 12% in April 2017, according to data from S&P Global Market Intelligence. The data security specialist presented fourth-quarter results on April 17, triggering a 17% drop the next day.

  • [By Lisa Levin]

    Barracuda Networks Inc (NYSE: CUDA) reported stronger-than-expected results for its third quarter on Monday.

    Barracuda reported Q3 adjusted earnings of $0.22 per share on revenue of $88.8 million. Analysts were expecting earnings of $0.14 per share on revenue of $86.6 million.

Top 10 Tech Stocks To Own Right Now: Sina Corporation(SINA)

Advisors’ Opinion:

  • [By Leo Sun]

    JD.com (NASDAQ:JD) recently partnered with SINA (NASDAQ:SINA), one of China’s top portal sites, to pool the two companies’ user data and resources together. JD.com will help SINA optimize its algorithms to match its readers withmore relevant content — which could help its portal sites lock in more users.

  • [By Leo Sun]

    But as the U.S. market remains stuck in neutral, Chinese tech stocks have thrived, sparked by impressive growth figures and their detachment from U.S.-centered issues. Let’s examine three stocks in that industry which have already rallied more than 30% this month — Baozun (NASDAQ:BZUN), Weibo (NASDAQ:WB), and SINA (NASDAQ:SINA).

  • [By Lisa Levin] Gainers
    Cocrystal Pharma, Inc. (NASDAQ: COCP) rose 15.3 percent to $2.41 in pre-market trading after declining 25.09 percent on Thursday.
    Expedia Group, Inc. (NASDAQ: EXPE) shares rose 10.7 percent to $117.75 in pre-market trading after the company reported stronger-than-expected earnings for its first quarter on Thursday.
    DMC Global Inc. (NASDAQ: BOOM) rose 10.6 percent to $35.00 in pre-market trading after reporting Q1 results.
    Genprex, Inc. (NASDAQ: GNPX) rose 10.2 percent to $12.12 in pre-market trading after climbing 86.76 percent on Thursday.
    Sprint Corporation (NYSE: S) shares rose 7 percent to $6.42 in pre-market trading on reports that the company has made progress on merger talks with T-Mobile.
    Amazon.com, Inc. (NASDAQ: AMZN) rose 6.9 percent to $1,621.95 in pre-market trading after the company posted upbeat results for its first quarter. The company sees second quarter operating income of $1.1 billion – $1.9 billion and sales of $51 billion – $54 billion.
    Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 5.5 percent to $7.88 in pre-market trading after gaining 1.49 percent on Thursday.
    Intel Corporation (NASDAQ: INTC) rose 5.3 percent to $55.86 in pre-market trading as the company reported better-than-expected results for its first quarter and also raised its FY18 sales outlook.
    8×8, Inc. (NASDAQ: EGHT) rose 5.3 percent to $21.00 in pre-market trading.
    Southwestern Energy Company (NYSE: SWN) shares rose 5.1 percent to $4.75 in pre-market trading as the company reported better-than-expected earnings for its first quarter.
    Diamond Offshore Drilling, Inc. (NYSE: DO) rose 5 percent to $20.24 in pre-market trading.
    Baidu, Inc. (NASDAQ: BIDU) rose 4.5 percent to $249.50 in pre-market trading following upbeat Q1 profit.
    Charter Communications, Inc. (NASDAQ: CHTR) rose 4.3 percent to $311 in pre-market trading. Charter is expected to release quarterly earnings today.
    SINA Corporation (NASDAQ: SINA) shares rose 3.9 pe
  • [By Ezra Schwarzbaum]

    It was quickly followed by two other Chinese social media sites: SINA Corp (NASDAQ: SINA) and Momo Inc (ADR) (NASDAQ: MOMO).

    Weibo Responds

    Weibo issued a press release later in the day saying it would cooperate with the State Administration of Press, Publication, Radio, Film and Television.

  • [By Steve Symington]

    Shares ofSINA Corporation(NASDAQ:SINA)rose 25.8% in 2016,according to data from S&P Global Market Intelligence, following a pair of stronger-than-expected quarterly reports from the Chinese internet leader in the second half.