Tag: Buy

Align Technology: Look For A Spot To Buy This Dip

After reporting blowout first quarter earnings after the market closed on Apr. 28, Align Technology (NASDAQ:) tock took a sharp break to the upside on higher-than-average volume in early trading. But ALGN stock is giving up those gains on what I can only believe is investors looking to take profits.

The same pattern emerged after the company last reported earnings in February. At that time, ALGN stock dropped 20% before starting its recent climb. Is a similar pattern emerging? It could be. Short interest has been rising in the last month.

This means you may not want to jump on

Read more

Better Buy: Micron Technology vs. AMD

Micron Technology (NASDAQ:MU) and Advanced Micro Devices (NASDAQ:AMD) have been heading in different directions on the stock market so far in 2021. While memory specialist Micron has soared despite the sell-off in tech stocks, AMD’s stock price has pulled back by double-digit percentages, despite solid indications that it will continue to grow at a rapid pace this year.

However, when you take a closer look at the prospects of the two chipmakers, it’s hard to choose one over the other, despite their divergent fortunes. Read on to find out which one of these two stocks you should be buying right

Read more

Sharekhan maintains Buy rating with a price target of Rs 3100

a group of people in a room

© Provided by Zee Business

L&T Technology Services’ management is confident of delivering strong revenue growth going ahead, given rising spends on digital engineering, prudent client mining strategy, broader vertical mix, internal change in portfolio mix, aggressive strategy to participate in customers’ cost take-out initiatives, and increased outsourcing activities. L&T Technology Services has been strengthening its capabilities in digital technologies across all its verticals to capture the opportunities. Sharekhan maintains Buy rating on L&T Technology Services with a price target of Rs 3100. L&T Technology share price closed at Rs 2548, up Rs 56 or 2.25% in last session.


Read more

Oppenheimer Issues a Buy Rating on Tactile Systems Technology (TCMD)

In a report released today, Suraj Kalia from Oppenheimer assigned a Buy rating to Tactile Systems Technology (TCMD), with a price target of $61.00. The company’s shares closed last Tuesday at $51.32.

According to TipRanks.com, Kalia is a 4-star analyst with an average return of 10.3% and a 56.0% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Cardiovascular Systems, and Irhythm Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tactile Systems Technology with a $63.25 average price target.

See today’s analyst top

Read more

Better Buy: Micron Technology vs. Western Digital

Micron Technology (NASDAQ:MU) and Western Digital (NASDAQ:WDC) are both major players in the memory and data storage market. Micron mainly sells DRAM and NAND (flash) memory chips, while WD produces NAND chips, flash-based SSDs (solid-state drives), and traditional platter-based HDDs (hard disk drives).

Both companies struggled with declining memory chip prices throughout 2019, as sluggish shipments to smartphone and PC makers caused a global glut of chips. DRAM and NAND prices gradually stabilized in 2020, but that recovery was throttled by pandemic-related disruptions in the first half of the year.

However, investors have been much more bullish on Micron than

Read more