Tag: Gains

DXC Technology Stock Remained Flat Last Week, Are Gains Upcoming?

DXC Technology’s stock (NYSE: DXC) has been nearly flat over the last 5 trading days. The company announced its results on February 4th, 2021. For Q3 FY 2021 (ended December 2020) DXC Technology recorded revenues at $4.3 billion, down 14.6% y-o-y and earnings at $4.32 per share, primarily due to a $2 billion gain on dispositions of businesses.

The above factors have been responsible for DXC Technology’s

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Micron Technology Stock Gains After Receiving Big Analyst Upgrades

What happened

Shares of Micron Technology (NASDAQ:MU) headed higher on Tuesday, after receiving not one, not two, but three analyst upgrades before the market opened. Common reasons for the upgrades include an improving semiconductor market and Micron’s inexpensive shares, leading to hiked price targets across the board. Investors love these votes of confidence. Consequently, Micron stock was up 4% as of 1:20 p.m. EST.

So what

According to The Fly, Mitch Steves of RBC Capital maintains the belief that Micron stock can outperform the market and is upping the stock’s price target from $57 per share to $83 per share.

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Marvell Technology (MRVL) Gains As Market Dips: What You Should Know

TipRanks

Needham Sees at Least 30% Upside Potential for These 3 Tech Stocks

Out on Wall Street, who has been leading the charge forward? Tech. After the space’s key players dragged the market lower in September due to overheated valuations, tech is once again at the helm.The rise in tech makes sense. The pandemic helped accelerate a move toward remote work and telecommuting, and this in turn has put a premium on tech products. From the 5G rollout, to improvements in semiconductor chips, to the expansion of IoT and smart device capabilities – tech is everywhere, and it’s growing fast.Bearing

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Marvell Technology (MRVL) Outpaces Stock Market Gains: What You Should Know

Marvell Technology (MRVL) closed the most recent trading day at $33.78, moving +0.63% from the previous trading session. This move outpaced the S&P 500’s daily gain of 0.27%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 1%.

Coming into today, shares of the chipmaker had lost 8.25% in the past month. In that same time, the Computer and Technology sector gained 5.24%, while the S&P 500 gained 5.63%.

Wall Street will be looking for positivity from MRVL as it approaches its next earnings report date. This is expected to be August 27, 2020. The company is

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Skyworks Solutions Has More Gains Ahead

Skyworks Solutions Inc. (NASDAQ:SWKS) is up an impressive 87% since my recommendation last September. The stock held strong even during the market selloff earlier this year as investors continued to appreciate the company’s debt-free business model that enables it to step strongly into the future.

The expected launch of 5G technology, on the other hand, played a massive role in the successful market performance so far. The question asked by many investors is whether to book the handsome profits or to hold on to the stock in anticipation of more capital gains. A careful analysis of the market opportunity and

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