, the case of the seal structure to ensure that all Oyster uk replica watches water depth of at least 100 meters (330 feet), submerged dive watch up to 300 meters (1,000 feet), and uk replica watches Deepsea models are more Depth of 3,900 meters (12,800 feet).From the professional point of view, waterproof watch in the crown (the handle) of the water treatment is very important, replica watches uk crown consists of nearly 10 parts, with screws fixed on the tube, as an integral part of the case. This is the first time in the history of Rolex waterproof watch in the creation of the crown, the crown not only the case fully sealed
uk replica watches swiss replica watches replica watches uk uk replica watches fake watches
 
Subscriber Login
 
  Username:
 
 
  Password:  
 
Forgot Your Password?
SUBSCRIBE NOW
30 Day Trial
  Online:
Subscribe here online
  Mail:
Print out Subscription Form
[pdf format | html version]
  Fax:
Print out Subscription Form
[pdf format | html version]
  Phone:
Subscribe now by calling:
(800) 392-0998
(toll-free)
     
 
 
TechStock Radar
E-mail: Rob@techstockprospector.com
Technorati
February 2017
Archives
 
Friday, February 24, 2017, 4:22 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Splunk

After running up as much as 25% from the January 23 low of $52.89, Splunk (SPLK, $62.80) shares today gave back some, falling 3.2% on heavy volume. The stock did manage to rebound from the intraday low of $61.01.


The 200-day moving average is trending upward from $58.07.

 
Friday, February 24, 2017, 2:15 PM — by Rob DeFrancesco, TechStock Radar
Read the February Issue of TSP on Kindle

Download the new issue of Tech-Stock Prospector to your Kindle or Kindle reading app for iOS (iPad & iPhone) and Android. 


Order the latest issue of TSP here.



Here are some of the topics covered in the February 2017 issue:


*Picking the winners in 5G wireless

*The next upside catalysts for Apple

*Demand for dark fiber lights up Zayo

*Trend Watch: More workloads in the cloud

*Workday scores a big contract win

*ServiceNow signs its largest deal ever

*Trend Watch: Sensor data analytics

*Intel and the Internet of Things

*Why Talend is a Big Data disruptor

*Signs of a turnaround at Tableau Software


*Deal Report: Assessing the Snap IPO

*The road to monetization for messaging apps

*Facebook delivers another strong quarter

*YouTube helps drives growth at Alphabet

*Software Focus: Cisco acquires AppDynamics

*Why New Relic could be a buyout target

*A new growth driver for Marvell

*Proofpoint boosts product adoption

*Small-Cap Focus: Twilio builds its customer base

*The outlook for Gigamon after the recent stumble

 
Friday, February 24, 2017, 11:10 AM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Workday

In a tough session so far for the overall market, shares of Workday (WDAY, $89.17) are showing relative strength, testing resistance at $89.45. This morning’s high is $89.76. The RSI stands at 69.9.


The 50-day moving average is on the rise from $78.79 and approaching the 200-day moving average of $81.09 for a potential upside crossover.

 
Friday, February 24, 2017, 10:05 AM — by Rob DeFrancesco, TechStock Radar
BMO Capital Still Upbeat on Splunk

BMO Capital reiterates its Splunk (SPLK, $61.93) price target of $71 following last night’s strong FQ4 results. Believing that guidance is conservative, the firm recommends buying the stock on weakness.

 
Friday, February 24, 2017, 9:02 AM — by Rob DeFrancesco, TechStock Radar
Mizuho Remains Bullish on NVIDIA

Mizuho remains bullish on NVIDIA (NVDA, $100.49), reiterating its price target of $130. The firm believes gaming and Deep Learning will continue to be long-term sustainable trends for the company. 


While acknowledging that there is some worry about gaming slowing down, Mizuho believes it would be premature to write off the current cycle on one quarter of seasonal softness, pointing out promising new titles to be launched this summer.

 
Thursday, February 23, 2017, 11:01 AM — by Rob DeFrancesco, TechStock Radar
Chart Watch: NVIDIA

NVIDIA (NVDA, $101.21) shares this morning are down more than 8% and have fallen below the 50-day moving average of $106.96. There’s short-term support just above the $99 level.

 
Thursday, February 23, 2017, 9:03 AM — by Rob DeFrancesco, TechStock Radar
BMO Capital Downgrades NVIDIA

BMO Capital downgrades NVIDIA (NVDA, $110.76) to ‘Underperform’ and reduces its price target to $85 from $110. 


The firm believes the “perfect storm” of fundamentals that drove the recent earnings surge is ebbing, pointing out reduced demand in gaming (after a surge due to a technology transition) and increasing competition in the datacenter segment (from rivals AMD and Intel). 


In the near-medium term, BMO Capital sees limited volume for NVIDIA’s ADAS products, the expected next leg of the company’s growth story.

 
Wednesday, February 22, 2017, 4:19 PM — by Rob DeFrancesco, TechStock Radar
A New High for Apple

Apple (AAPL, $137.07) shares today hit a fresh all-time high at $137.12. The forward P/E now stands at 15.3. 

 
Wednesday, February 22, 2017, 11:06 AM — by Rob DeFrancesco, TechStock Radar
Rosenblatt Bullish on NVIDIA

Rosenblatt starts NVIDIA (NVDA, $110.44) at ‘Buy’ with a price target of $140 based on the company’s growth potential in AI.

 
Wednesday, February 22, 2017, 9:03 AM — by Rob DeFrancesco, TechStock Radar
UBS: Cisco May Need Aggressive M&A

UBS remains bullish on Cisco Systems (CSCO, $34.13), but says the networking giant is at an important juncture with respect to top-line growth and may need aggressive M&A to deal with its core business coming under attack from competitors. The firm maintains its price target of $37.

 
Tuesday, February 21, 2017, 4:04 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Proofpoint

Proofpoint (PFPT, $83.56) shares this month have traded in a fairly narrow range. Today, the stock moved to the high end of that range, testing short-term resistance at $84.23. The all-time high of $88 was reached in November.


The 50-day moving average is trending upward from $77.52.

 
Tuesday, February 21, 2017, 12:05 PM — by Rob DeFrancesco, TechStock Radar
Morgan Stanley Lifts Apple Target

Morgan Stanley remains quite bullish on the next Apple (AAPL, $136.30) iPhone cycle, raising its price target to $154 from $150 based on expectations for accelerated upgrades. The firm is particularly upbeat on China, saying it sees lots of opportunity for market share gains.

 
Tuesday, February 21, 2017, 9:15 AM — by Rob DeFrancesco, TechStock Radar
Apple Embracing Wireless Charging?

Cowen says its research indicates Apple (AAPL, $135.72) is “getting on board” wth wireless charging for the next iPhone. 


The firm’s supply-chain checks suggest Broadcom (AVGO) is the likely chip supplier for the new technology.

 
Friday, February 17, 2017, 3:25 PM — by Rob DeFrancesco, TechStock Radar
Wall Street Bumps Up Arista Targets

KeyBanc has increased confidence that Arista Networks (ANET, $117.56) can reach $4 in EPS this year. The firm ups its price target to $121 from $100.


Cowen goes to $123 from $86, citing Arista’s solid competitive repositioning and the strength of the datacenter switching upgrade cycle.


OpCo lifts its target to $120 from $115, saying the company’s products continue to see strong market adoption, while Stifel goes to $125 from $102 based on positive Q1 guidance.

 
Friday, February 17, 2017, 12:03 PM — by Rob DeFrancesco, TechStock Radar
Q4 Big Buys: T. Rowe Price Likes Splunk

In Q4, T. Rowe Price was the #1 buyer of Splunk (SPLK, $63.98), boosting its position by 142% via the purchase of 7.48 million shares. 


The money manager now owns 12.73 million SPLK shares and is the #1 holder.

 
Friday, February 17, 2017, 11:04 AM — by Rob DeFrancesco, TechStock Radar
Arista Shares Pop 18%

Deutsche Bank raises its Arista Networks (ANET, $118.93) price target to $120 from $105 after last night’s strong Q4 results. The firm is bullish on the 100G product cycle.


Arista shares this morning up are more than 18%. Earlier, a new all-time high was reached at $119.39.

 
Friday, February 17, 2017, 10:02 AM — by Rob DeFrancesco, TechStock Radar
Chart Watch: NVIDIA

Shares of NVIDIA (NVDA, $105.44) are losing upside momentum (RSI falling from 42.5) and have dipped below the 50-day moving average of $106.19. There’s short-term support just over the $99 level.


NVIDIA hit an all-time high of $120.92 on February 7.

 
Friday, February 17, 2017, 9:09 AM — by Rob DeFrancesco, TechStock Radar
Credit Suisse Lifts Arista PT to $125

Calling Arista Networks (ANET, $100.17) “the best secular growth opportunity” in IT hardware & networking, Credit Suisse lifts its price target to $125 from $110. 


The firm believes Arista’s technology advantage is allowing it to successfully disrupt chief rival Cisco Systems (CSCO) in the cloud networking space.

 
Thursday, February 16, 2017, 4:23 PM — by Rob DeFrancesco, TechStock Radar
Arista Networks Delivers Beat-&-Raise

Arista Networks (ANET, $100.17), a provider of cloud networking solutions, reports Q4 EPS of $1.04, 22 cents above the consensus estimate of 82 cents, on revenue of $328 million (+34% y/y/), topping the consensus of $315.2 million.


For Q1, the company’s revenue guidance range of $320 million to $330 million is considerably above the consensus of $304.8 million.

 
Thursday, February 16, 2017, 10:05 AM — by Rob DeFrancesco, TechStock Radar
Cisco's M&A Machine

UBS says management commentary from Cisco Systems (CSCO, $33.67) suggests more M&A on the way. The company last night said it’s not ruling out any size deal. Also, M&A is not dependent on cash repatriation, according to CEO Chuck Robbins. Cisco has net cash of $36 billion.

 
Thursday, February 16, 2017, 9:05 AM — by Rob DeFrancesco, TechStock Radar
Snap Sets IPO Range

Snap (SNAP) set its IPO price range at $14 to $16 a share. At the high end, the valuation would be about $22.2 billion.


For more on Snap, see the February 2017 issue of Tech-Stock Prospector.

 
Wednesday, February 15, 2017, 1:10 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Salesforce

Salesforce (CRM, $81.89) shares are trying to get through short-term resistance just over the $82 level. There’s additional resistance around $83.10 from July. 


The 50-day moving average is advancing from $74.66, on a path to cross over the 200-day moving average at $76.58.

 
Wednesday, February 15, 2017, 9:10 AM — by Rob DeFrancesco, TechStock Radar
Q4 Earnings Season Scoreboard

It has been a good Q4 earnings season so far when it comes to the bottom line. With 75% of the S&P 500 companies reporting, 75% have beaten the EPS consensus and 51% have beaten the revenue consensus, according to Schwab.

 
Tuesday, February 14, 2017, 4:10 PM — by Rob DeFrancesco, TechStock Radar
Apple Hits New All-Time High

Apple (AAPL, $135.01) shares today hit a new all-time high at $135.09.


Apple is a long-term holding in the Tech-Stock Prospector Vulture Portfolio, added at $61.68 in May 2013.

 
Tuesday, February 14, 2017, 12:39 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Atlassian

Shares of Atlassian (TEAM, $28.88) are sitting just below resistance at $29.40 from November after recovering from the December low of $23.80. The RSI is strong at 72.8. 


The 200-day moving average has a slight upward bias from $27.07, while the 50-day moving average—now at $26.29—has turned upward.

 
Tuesday, February 14, 2017, 9:05 AM — by Rob DeFrancesco, TechStock Radar
Stifel Bullish on CyberArk

Stifel starts CyberArk Software (CYBR, $52.87) at ‘Buy’ with a price target of $62, calling the company the clear leader in the emerging market for privileged account security, a subsegment of the broader identity & access management (IAM) market.


The firm says CyberArk is unique among security vendors because its solutions—unlike those that concentrate on threat prevention and mitigation—are focused on limiting the capacity for bad human actors (internal employees or external) to gain control of mission-critical resources.


Stifel sees CyberArk as a key enabler of the push toward IT security becoming more of a “least privilege/zero-trust” type of model.

 
Monday, February 13, 2017, 4:25 PM — by Rob DeFrancesco, TechStock Radar
A Record Close for Apple Shares

Apple (AAPL, $133.29) shares today had a record high closing price, taking out the previous record of $133 from February 23, 2015. A new 52-week high was set at $133.82. 


The all-time high remains at $134.54 from April 2015.


Apple is a long-term holding in the Tech-Stock Prospector Vulture Portfolio, added at $61.68 in May 2013.

 
Monday, February 13, 2017, 11:15 AM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Rapid7


Shares of security solutions vendor Rapid7 (RPD, $14.87) are up sharply for the second day in a row following the release of the company’s strong Q4 report (revenue +37%) last week. 


The stock this morning is rising 5.1% on top of Friday’s 12.6% gain. Now back above the 200-day moving average of $13.91, RPD shares may attempt a test of October resistance at $15.95.


A move above ~$15.30 would break the downtrend line from the 52-week high of $19.29 reached in August.

 
Monday, February 13, 2017, 9:02 AM — by Rob DeFrancesco, TechStock Radar
Goldman Ups Apple PT to $150

Goldman Sachs raises its Apple (AAPL, $132.12) price target to $150 from $133 based on increased confidence about its outlook for the upcoming iPhone 8 demand cycle later this year. 


The firm believes the inclusion of 3D sensing functionality is increasingly likely in the next iPhone. The technology would enable augmented reality (AR), representing a “significant step-up in innovation” for the 10-year anniversary smartphone, says Goldman.

 
Friday, February 10, 2017, 4:02 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: ServiceNow

Shares of ServiceNow (NOW, $92.48) have returned to the high end of their recent range following a dip to the $88 level at the end of January. 


The RSI is up to 72.5. After an extended period of sideways action, the 50-day moving average (at $82.26) is trending upward once again. 


There’s short-term resistance at $92.98 (the all-time high was reached on January 26). Today’s intraday high was $92.82.

 
Friday, February 10, 2017, 11:27 AM — by Rob DeFrancesco, TechStock Radar
Piper Jaffray Remains Bullish on CyberArk

Piper Jaffray thinks 2017 operating margin guidance from CyberArk Software (CYBR, $52.28) is likely conservative. That view is based on how operating margin played out in 2016. The firm raises its price target to $63 from $60.

 
Friday, February 10, 2017, 9:05 AM — by Rob DeFrancesco, TechStock Radar
Canaccord Lifts NVIDIA PT to $130

Canaccord raises its NVIDIA (NVDA, $116.38) price target to $130 from $120 based on the thesis that new trends in deep learning, virtual/augmented reality and autonomous driving will catalyze new market growth over the longer term.

 
Thursday, February 09, 2017, 5:14 PM — by Rob DeFrancesco, TechStock Radar
Zendesk Shares Jump 15%

Zendesk (ZEN, $28.32) today finished with a gain of 15.4% on heavy volume of 6.1 million shares, 5x average daily volume. The intraday high was $29.53. 


The provider of a cloud-based customer service platform last night issued bullish 2017 revenue guidance.


So far in 2017, Zendesk shares have advanced 33.5%. Zendesk is a holding in the Tech-Stock Prospector Small-Cap Portfolio.

 
Thursday, February 09, 2017, 12:01 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Palo Alto Networks

Palo Alto Networks (PANW, $155.18) shares continue to show solid upside momentum, with the RSI at 75.4. The stock is working to close the gap on the price chart at $158.32 from November.


The 50-day moving average has turned upward from $135.59, while the 200-day moving average is trading sideways from $139.38.

 
Thursday, February 09, 2017, 9:03 AM — by Rob DeFrancesco, TechStock Radar
UBS Boosts Zendesk Target

UBS believes Zendesk (ZEN, $24.53) is an undervalued growth story in the SaaS space. The company is expanding its product portfolio in the customer service segment and showing further enterprise success. 


Good progress is being made toward achieving the 2020 revenue goal of $1 billion, says the firm. UBS raises its price target to $36 from $33.

 
Wednesday, February 08, 2017, 4:33 PM — by Rob DeFrancesco, TechStock Radar
Zendesk Guides 2017 Above Consensus

Zendesk (ZEN, $24.53) reports Q4 revenue growth of 41% and offers an optimistic outlook for 2017. 


In Q4, the top line came in at $88.6 million, above the consensus estimate of $87.3 million.


The company’s revenue guidance range for the year of $415 million to $425 million (growth of 35% at the midpoint) is above the consensus estimate of $410.3 million.

 
Wednesday, February 08, 2017, 11:04 AM — by Rob DeFrancesco, TechStock Radar
Canaccord Bullish on Twilio

Canaccord says Twilio (TWLO, $30.99) remains its favorite mid-cap growth pick, citing solid operating and financial metrics, including the potential for improving margins over the long run. The firm raises its price target to $40 from $35.

 
Wednesday, February 08, 2017, 9:09 AM — by Rob DeFrancesco, TechStock Radar
BofA/Merrill Adds Facebook to Focus List

BofA/Merrill adds Facebook (FB, $131.84) to its U.S. 1 List with a price target of $165, citing solid user and usage fundamentals. The firm sees the potential for earnings upside this year thanks to strong usage growth and favorable ad pricing trends.

 
Tuesday, February 07, 2017, 6:06 PM — by Rob DeFrancesco, TechStock Radar
Akamai Cloud Security Helps Power Growth

Akamai Technologies (AKAM, $71.12) reports Q4 EPS of 72 cents, four cents above the consensus estimate, on revenue of $616 million (+6% y/y), beating the consensus of $604.8 million. 


Excluding the six Internet Platform customers (representing less than 10% of total revenue, vs. 16% in the year-ago period), Q4 revenue rose 14%.


Akamai’s Performance & Security unit (59% of total revenue) saw Q4 growth of 17%, with the Cloud Security segment expanding 41% to $102 million. The cloud security business is now on an annual revenue run rate of $400 million+.


For Q1, Akamai sees EPS of 66 cents to 69 cents (the consensus is 67 cents) on revenue of $596 million to $610 million, vs. the consensus of $602.9 million.

 
Tuesday, February 07, 2017, 10:26 AM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Splunk

Splunk (SPLK, $61.14) shares have pushed through short-term resistance at $60.88. The RSI is up to 68. The next upside level to watch is $62.90 from November.


The 200-day moving average is trending upward from $57.29.

 
Tuesday, February 07, 2017, 9:03 AM — by Rob DeFrancesco, TechStock Radar
Canaccord Lifts Apple Target to $154

Canaccord Genuity raises its Apple (AAPL, $130.29) price target to $154 from $142, saying it expects the impressive installed base to drive strong iPhone replacement sales in the next cycle. 


The firm believes Apple in 2017 will extend its leading share of the premium-tier smartphone market.

 
Monday, February 06, 2017, 3:01 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: CyberArk

After declining 20% from the November high of $56.25 to the December 22 low of $44.77, CyberArk Software (CYBR, $54.07) shares have rebounded nearly 21%. The 200-day moving average is trending upward from $49.32.


CyberArk reports Q4 results on Thursday.

 
Monday, February 06, 2017, 11:18 AM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Tableau

If Tableau Software (DATA, $55.49) shares can close above Friday’s high of $57.30, that could set up a potential test of September resistance at $59.70. After Friday’s big jump, the stock is above its 200-day moving of $50.42.

 
Friday, February 03, 2017, 4:33 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Marvell

Shares of chipmaker Marvell Technology (MRVL, $15.72) today gained 2.1% on heavy volume and hit a new 52-week high at $15.76. So far this year, the stock is up 13.3%. 


The next key upside level to watch is resistance at $16.78 from February 2015.

 
Friday, February 03, 2017, 12:21 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Twilio

After a period of consolidation in the upper $20s, Twilio (TWLO, $30.68) shares are attempting to advance out of the recent base, pushing above the 50-day moving average at $30.14. There is short-term resistance at $30.84.

 
Friday, February 03, 2017, 9:06 AM — by Rob DeFrancesco, TechStock Radar
JMP Boosts Tableau Software Target

JMP Securities boosts its Tableau Software (DATA, $48.21) price target to $65 from $58, calling out accelerating license growth as the main driver of the Q4 beat. The firm believes enterprise momentum is continuing to build. Business analytics is one of the largest areas of spending in enterprise IT, says JMP.

 
Thursday, February 02, 2017, 5:40 PM — by Rob DeFrancesco, TechStock Radar
Chart Watch: Salesforce

Salesforce (CRM, $80.13) shares today reclaimed the $80 level on a closing basis, gaining 1.9% on heavy volume. The RSI is strong at 74.1. The 50-day moving average is now trending upward from $73.22. There is resistance at the November high of $80.37.

 
Thursday, February 02, 2017, 2:42 PM — by Rob DeFrancesco, TechStock Radar
RBC Capital Ups NVIDIA Target

RBC Capital boosts its NVIDIA (NVDA, $115.26) price target to $124 from $115, saying total datacenter revenue growth this year could come in closer to 100%, well above the consensus estimate of +40%. 

 
Thursday, February 02, 2017, 11:22 AM — by Rob DeFrancesco, TechStock Radar
A New High for Facebook

Facebook (FB, $133.45) shares this morning traded to a new all-time high at $134.73.


Facebook is a holding in the Tech-Stock Prospector Vulture Portfolio, added in March 2014 at $59.35.

 
Thursday, February 02, 2017, 9:05 AM — by Rob DeFrancesco, TechStock Radar
Stifel Lifts Facebook PT to $165

Stifel raises its Facebook (FB, $133.23) price target to $165 from $155 following a Q4 revenue & EPS beat. The firm says Facebook’s ad business maintained its impressive momentum, growing 53% despite a difficult comp. 


Stifel expects continued growth in the core business along with ramping contributions from video ads, Instagram and messaging (Messenger & WhatsApp) to fuel above-market ad revenue growth for the next several years.

 
Wednesday, February 01, 2017, 4:17 PM — by Rob DeFrancesco, TechStock Radar
Apple Shares +6%, Hit New 52-Week High

Apple (AAPL, $128.79) shares today closed up more than 6% on heavy volume. A new 52-week high was reached at $130.49.


Apple is a long-term holding in the Tech-Stock Prospector Vulture Portfolio, added in May 2013 at $61.68.

 
Wednesday, February 01, 2017, 11:10 AM — by Rob DeFrancesco, TechStock Radar
Needham Reiterates AAPL PT of $150

Needham calls out excellent FQ1 (Dec.) results from Apple (AAPL, $128.29), citing outstanding unit sales, higher iPhone ASPs and solid Services revenue growth. The firm maintains its price target of $150, saying it continues to view Apple’s ecosystem as a primary competitive advantage.

 
Wednesday, February 01, 2017, 9:05 AM — by Rob DeFrancesco, TechStock Radar
Credit Suisse Remains Bullish on Apple

Credit Suisse reiterates its Apple (AAPL, $121.35) price target of $150, saying its bullish thesis is intact after FQ1 (Dec.) results showed a return to growth for the iPhone and another strong performance from the Services business. The firm continues to look forward to the iPhone 8 super cycle.

   
  1401 Q Street NW, Suite 603, Washington DC 20009.
(800) 392-0998 | customer-service@techstockprospector.com
©Copyright 2017 by Tech Stock Prospector, LLC. All Rights Reserved.