29 August, 2014 by The TZ Newswire Staff Comments Off on CDW Posts Strong Profit Growth; Sales Picking Up
CDW Posts Strong Profit Growth; Sales Picking Up
CDW provides information-technology hardware and software products to the business, government, education and healthcare sectors. Profit growth at the Vernon Hills, Ill.-based CDW (CDW) has topped 40% each quarter for the past three quarters. Sales growth has been much weaker, but it’s accelerated for two straight quarters to 12% in the latest period. That was the strongest increase in at least three years.
29 August, 2014 by The TZ Newswire Staff Comments Off on Signet, U.S. Silica Again Score New Highs
Signet, U.S. Silica Again Score New Highs
The stock market rose modestly higher in light trade Friday ahead of a long weekend. More top-rated stocks scored new highs, with some even in healthy volume. Signet Jewelers (SIG) put in a second straight all-time high. It bounced back from early weakness and rose 1.44 to 117.81. While down from Thursday’s pace, turnover was still twice its average.
29 August, 2014 by The TZ Newswire Staff Comments Off on Why Are So Few IBD 50 Stocks Producing Fresh Bases?
Why Are So Few IBD 50 Stocks Producing Fresh Bases?
In Friday’s list of the IBD 50, 12 of the top 15 names stood extended too far in price. In fact, one of the top 15, Synchronoss Technologies (SNCR), has risen so much that it triggered the rule to sell at least some shares when the gain from a proper buy point reaches 20% to 25%. Monday’s list does not show much change to that end. A stock that is extended means the stock is not at a proper entry point.
29 August, 2014 by The TZ Newswire Staff Comments Off on Medical Leaders Near New Highs As Sector Rallies
Medical Leaders Near New Highs As Sector Rallies
Four medical stocks were Sector Leaders in Friday’s edition, the most for any of IBD’s 33 sectors. That’s a show of strength for the sector, which has been among the best since the S&P 500 bottomed on Aug. 7. The four — all of them drug developers — are near new highs, with three near possible new entries. Alexion Pharmaceuticals (ALXN) has been basing the longest — since late February.
29 August, 2014 by The TZ Newswire Staff Comments Off on IPhone-Related News Propels Avago, NXP To New Highs
IPhone-Related News Propels Avago, NXP To New Highs
A couple of foreign fabless chipmakers rallied to record highs Friday on Apple (AAPL) iPhone-related news. Avago Technologies (AVGO) gapped up and soared 8% in massive turnover, extending its gain to 26% from a 65.93 flat-base buy point it cleared on May 6. Late Thursday, the Singapore-based chip designer reported fiscal third-quarter earnings of $1.26 a share ex items, up 70% from the prior year and well over views for $1.05.
29 August, 2014 by The TZ Newswire Staff Comments Off on Baidu, AerCap And Jazz Among Basing Top World Stocks
Baidu, AerCap And Jazz Among Basing Top World Stocks
It was a mixed week for global markets, with stocks in the U.S. and Europe posting notable gains while the top indexes in China ceded ground. Stocks on IBD’s Top 10 World Stocks list nearly all gained, some significantly, while others held beneath buy points as they finished up base-building projects. Among the Top World Stocks in bases, Baidu (BIDU) wrapped up the fifth week of a flat base with a 229.70 buy point.
29 August, 2014 by The TZ Newswire Staff Comments Off on OpenText Aiming Growth At Cloud Computing
OpenText Aiming Growth At Cloud Computing
OpenText (OTEX) doesn’t fit neatly into any one business category. Rather, it’s a collection of businesses ranging from document management to e-mail management. But it all boils down to what is known as enterprise information management. That’s the technology that helps companies organize, secure and maximize use of their information warehouses.