VMW posts
Posted Jun 5th 2009 4:30PM by Joseph Lazzaro
Filed under: Stocks to Buy
Without question, the modern -- and now postmodern -- era present an economy and a commercial environment that rewards efficiency and systems optimization. And that's good news for VMWare (NYSE: VMW).
VMWare's mission is to improve the efficiency and availability of resources and applications. Examples include running energy systems more efficiently, reducing capital costs, and improving desktop management and control.
Continue reading VMWare has one word for the future: Optimize
Posted Jun 3rd 2009 10:40AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Wal-Mart (WMT), Aetna Inc (AET), BB and T (BBT), Barrick Gold (ABX), Analyst initiations, Kinross Gold (KGC)
Analyst upgrades:
- Keefe Bruyette upgraded BB&T (NYSE: BBT) to Market Perform from Underperform as it believes downside risk has been reduced following the company's capital raise. The firm raised its target price to $23 from $15.
- Janney Montgomery upgraded FEI Company (NASDAQ: FEIC) to Buy from Neutral on expectations margins will improve and various country stimulus packages will provide benefits in 2010. The firm has a $31 target on the stock.
- Citigroup upgraded Tyco Electronics (NYSE: TEL) to Buy from Hold as it believes automotive headwinds are priced in and the company's long-term fundamentals are intact. The firm raised its target price to $25 from $19.
- Barrick Gold (NYSE: ABX) was upgraded to Outperform from Sector Perform at RBC Capital.
- J.B. Hunt (NYSE: JBHT) was raised to Overweight from Equal Weight at Stephens.
- Roper Industries (NYSE: ROP) was upgraded at Oppenheimer to Outperform from Perform.
Continue reading Analyst upgrades, downgrades and initiations: TEL, ABX, AET, WMT, VMW ...
Posted Apr 25th 2009 8:40AM by Trey Thoelcke
Filed under: Earnings reports, Microsoft (MSFT), Apple Inc (AAPL), Ford Motor (F), American Express (AXP), Boeing Co (BA), Hershey Co (HSY), Coach Inc (COH), Yum Brands (YUM), Contl Airlines'B' (CAL), Wells Fargo (WFC), JetBlue Airways (JBLU), SanDisk Corp (SNDK)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Apple, Ford, Microsoft, Wells Fargo, Boeing, American Express and more
Posted Apr 23rd 2009 4:00PM by Jon Ogg
Filed under: Apple Inc (AAPL), eBay (EBAY), General Motors (GM), United Parcel'B' (UPS), EMC Corp (EMC), JetBlue Airways (JBLU)

Today was another one of those days that if you did not look up at the closing bell or at the numbers in the last hour of the day where there was no clear feeling of a direction. By 2 O'clock we had switched directions six times today. Weak housing data and
more job erosion than expected failed to define any trends. And the US Treasury planning more than $150 billion in auctions next week has failed to make any impression either.
Here are today's unofficial closing bell levels:
Dow 7,957.06 +70.49 (0.89%)
S&P 500 851.92 +8.37 (0.99%)
Nasdaq 1,652.21 +6.09 (0.37%)
Top Analyst CallsContinue reading Closing Bell: Trying To Find Direction (AAPL, EBAY, JBLU, GM, VMW, UPS, EMC)
Posted Apr 23rd 2009 10:40AM by Jim Cramer
Filed under: Google (GOOG), Yahoo! (YHOO), Apple Inc (AAPL), eBay (EBAY), Intel (INTC), Market matters, International Business Machines (IBM), Nokia Corp. (NOK), Best Buy (BBY), Corning Inc (GLW), Sun Microsystems (JAVA), Oracle Corp (ORCL), QUALCOMM Inc (QCOM), Broadcom Corp'A' (BRCM), Cramer on BloggingStocks
Continue reading Cramer on BloggingStocks: It's go with the flow on tech stocks
Posted Apr 23rd 2009 10:20AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Apple Inc (AAPL), International Business Machines (IBM), Morgan Stanley (MS), BP p.l.c. ADS (BP), QUALCOMM Inc (QCOM), Analyst initiations, Broadcom Corp'A' (BRCM), Teva Pharm Indus ADR (TEVA)
Analyst upgrades:
- Jefferies upgraded Brocade (NASDAQ: BRCD) to Buy from Hold on expectations expanding OEM partnerships, new products and entry into new markets will drive long-term growth. The firm's channel checks indicate the first phase of an IBM (NYSE: IBM) deal for ethernet products will be announced next week. Jefferies raised its target price on the stock to $6 from $3.50.
- JMP Securities upgraded Broadcom (NASDAQ: BRCM) to Market Perform from Underperform citing the potential settlement with Qualcomm (NASDAQ: QCOM). The firm said Broadcom has far more to gain than Qualcomm has to lose.
- Citigroup upgraded Air Products (NYSE: APD) and Praxair (NYSE: PX) to Buy from Hold on expectations that an improvement in customer operating rates will benefit gas companies. The firm raised its target price on Air Products to $70 from $55 and on Praxair to $79 from $63.
- Royal Bank of Scotland upgraded BP Plc (NYSE: BP) to Buy from Hold to reflect its dividend yield at current levels.
- Apple (NASDAQ: AAPL) was raised to Outperform from Underperform at RBC Capital.
- T. Rowe Price (NYSE: TROW) was upgraded at Sandler O'Neill to Hold from Sell.
- Morgan Stanley (NYSE: MS) was lifted to Neutral from Underperform at Banc of America/Merrill.
Continue reading Analyst upgrades, downgrades and initiations: QCOM, AAPL, IBM, BP, MS, VMW, TVA ...
Posted Apr 1st 2009 11:15AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, FedEx Corp (FDX), BP p.l.c. ADS (BP), Analyst initiations, BHP Billiton Ltd ADR (BHP), Raytheon Company (RTN)
Analyst upgrades:
- Morgan Stanley upgraded CNOOC Ltd (NYSE: CEO) to Equal Weight from Underweight to reflect higher crude oil price estimates.
- Goldman upgraded VMware (NYSE: VMW) to Conviction Buy from Neutral and raised its target to $29 from $27 following positive checks that indicate strong business actively. The analyst expects VMW's revenue growth to be up 9% in 2009 vs. expectations for overall IT spending to be down.
- UBS upgraded ON Semiconductor (NASDAQ: ONNN) to Buy from Neutral and raised its target to $5 from $3.80 based on positive Asia checks that indicate an improving demand outlook and that the company could beat near-term expectations.
- Vodafone (NYSE: VOD) was lifted to Buy from Neutral at Goldman and to Overweight from Equal Weight at Morgan Stanley.
- Ashland (NYSE: ASH) was raised to Overweight from Neutral at JP Morgan.
Continue reading Analyst upgrades, downgrades and initiations: VMW, VOD, BP, BHP, RTN, FDX ...
Posted Mar 26th 2009 1:40PM by Todd Harrison
Filed under: Earnings reports, Research in Motion (RIMM), Broadcom Corp'A' (BRCM), Tech for the rest of us, Technology
This post was written by Minyanville contributor Sean Udall. Sean holds position in RIMM, VMW, SUPX.
- Goldman Sachs upgraded Research in Motion (NASDAQ:RIMM)saying to buy in front of EPS. I couldn't agree more and in fact was going to say that today. Be that as it may, I doubled my RIMM long into yesterday's weakness and plan to hold into/through EPS report. My quick take is that RIMM could have one of the better reports relative to all the negative analyst actions and commentary in tech and the overall market.
- One of my themes for this upcoming EPS season is to look for stocks that have had the most negative analyst commentary coming into the quarter, as no one these days is looking at things like Price/Sales, Price/Book or Price to normalized earnings.
Continue reading Early thoughts on the tech sector
Posted Feb 1st 2009 9:40AM by Trey Thoelcke
Filed under: Earnings reports, Yahoo! (YHOO), Pfizer (PFE), Home Depot (HD), McDonald's (MCD), American Express (AXP), Best Buy (BBY), Bristol-Myers Squibb (BMY), Colgate-Palmolive (CL), Texas Instruments (TXN), Valero Energy (VLO), Eaton Corp (ETN), Delta Air Lines (DAL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Yahoo!, McDonald's, American Express, Pfizer, Delta and others
Posted Jan 29th 2009 3:00PM by Todd Harrison
Filed under: Earnings reports, Industry, QUALCOMM Inc (QCOM), Broadcom Corp'A' (BRCM), Technology
This post was written by Minyanville contributor Sean Udall.
Broadcom (NASDAQ: BRCM) reports tonight and it is getting hit due to the poor report from Qualcomm (NASDAQ: QCOM). QCOM lowered guidance quite a bit -- in fact, enough that I likely may not have to worry much about QCOM for the next couple quarters. Low $30's would present solid value.
Getting back to BRCM, I still feel it is one of the few must own chip names. I think it has enough innovation and diversification to avoid the 35-40% sequential reductions I am seeing from many in the chip space. However, I also think a lowering of the bar is priced into BRCM's shares and anything less than a disaster should keep the stock above $16.50 (assuming we avoid another shock down to the whole market). Anything around that level ($16.50) and lower would have me adding the shares. I've taken gains recently in trading shares and am hoping to add BRCM back on just a bit more weakness.
Continue reading Chipmaker earnings and other top tech news
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