Hot Tech Stocks To Watch Right Now

tags:PCYG,CLS,LOOK,JCOM,ALLT,USM,

Brokerages forecast that Applied Industrial Technologies (NYSE:AIT) will post $909.70 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Applied Industrial Technologies’ earnings, with the lowest sales estimate coming in at $903.80 million and the highest estimate coming in at $915.60 million. Applied Industrial Technologies reported sales of $827.67 million during the same quarter last year, which indicates a positive year over year growth rate of 9.9%. The firm is scheduled to report its next earnings results on Thursday, April 25th.

On average, analysts expect that Applied Industrial Technologies will report full-year sales of $3.53 billion for the current year, with estimates ranging from $3.52 billion to $3.54 billion. For the next financial year, analysts expect that the firm will post sales of $3.68 billion, with estimates ranging from $3.67 billion to $3.68 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Applied Industrial Technologies.

Hot Tech Stocks To Watch Right Now: Park City Group, Inc.(PCYG)

Advisors' Opinion:

• [By Max Byerly]

  Get a free copy of the Zacks research report on Park City Group (PCYG)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Max Byerly]

  Get a free copy of the Zacks research report on Park City Group (PCYG)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Lisa Levin] Gainers Melinta Therapeutics, Inc. (NASDAQ: MLNT) shares surged 20.6 percent to $6.39. WBB Securities upgraded Melinta Therapeutics from Hold to Speculative Buy. Shoe Carnival, Inc. (NASDAQ: SCVL) shares climbed 17.2 percent to $30.87 after the company reported upbeat quarterly earnings. Acorn International, Inc. (NYSE: ATV) shares rose 15.2 percent to $28.804 after the company declared a special one-time cash dividend of $14.97 per ADS. Foot Locker, Inc. (NYSE: FL) gained 15 percent to $53.35 after the company reported better-than-expected results for its first quarter. Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) surged 14.2 percent to $2.625. ArQule, Inc. (NASDAQ: ARQL) rose 13 percent to $5.12 after gaining 4.86 percent on Thursday. Quality Systems, Inc. (NASDAQ: QSII) gained 12.8 percent to $16.97 after the company posted better-than-expected FQ4 results. Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) shares rose 12 percent to $12.94. ArQule, Inc. (NASDAQ: ARQL) shares rose 12 percent to $5.07. Mirati Therapeutics, Inc. (NASDAQ: MRTX) climbed 11.4 percent to $43.50. Zai Lab Limited (NASDAQ: ZLAB) gained 11.3 percent to $24.7000. Zymeworks Inc. (NASDAQ: ZYME) rose 9.7 percent to $19.64. Park City Group, Inc. (NASDAQ: PCYG) climbed 9 percent to $7.90. Roku, Inc. (NASDAQ: ROKU) gained 7.9 percent to $38.82 after Citron reversed previously bearish position on the stock. Sears Holdings Corporation (NASDAQ: SHLD) shares jumped 7.3 percent to $3.55. Deckers Outdoor Corp (NYSE: DECK) rose 3.5 percent to $107.27 after reporting better-than-expected results for its fiscal fourth quarter.

  Check out these big penny stock gainers and losers

• [By Shane Hupp]

  Park City Group (NASDAQ:PCYG) and Castlight Health (NYSE:CSLT) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, analyst recommendations, institutional ownership, risk, earnings, valuation and dividends.

• [By Shane Hupp]

  Park City Group (NASDAQ:PCYG) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Wednesday.

Hot Tech Stocks To Watch Right Now: Celestica, Inc.(CLS)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Celestica (CLS)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Peter Graham]

  A long term performance chart shows shares of small cap Sanmina Corp (NASDAQ: SANM), a previous Elite Opportunity Pro (EOP) newsletter suggestion as the next breakout stock, and mid cap Flextronics International being bigger winners (albeit FLEX has steadily risen for two years while SANM has already peaked) compared with the moderately positive performance of mid cap Jabil Circuit, Inc (NYSE: JBL) and small cap Celestica Inc (NYSE: CLS):

• [By Evan Niu, CFA]

  Shares of Celestica (NYSE:CLS) have plunged today, down by 16% as of 10:45 a.m. EST, after the company reported fourth-quarter earnings results. The electronics manufacturing specialist missed earnings estimates and forecast first-quarter earnings below expectations as well.

• [By Joseph Griffin]

  Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lessened its holdings in Celestica Inc (NYSE:CLS) (TSE:CLS) by 18.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,492,435 shares of the technology company’s stock after selling 343,300 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp owned 1.20% of Celestica worth $19,894,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Peter Graham]

  Nevertheless, a long term performance chart shows Sanmina Corp previously being an outperformer, but now falling off while potential large cap peer Flextronics International Ltd (NASDAQ: FLEX) has given a steady performance over the last two years and small cap Celestica Inc (NYSE: CLS) and mid cap Jabil Circuit, Inc (NYSE: JBL) have similar unaspiring charts:

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Celestica (CLS)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Tech Stocks To Watch Right Now: LookSmart Ltd.(LOOK)

Advisors' Opinion:

• [By Stephan Byrd]

  Lookers (LON:LOOK)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a note issued to investors on Friday.

• [By Shane Hupp]

  Peel Hunt reissued their buy rating on shares of Lookers (LON:LOOK) in a research note issued to investors on Wednesday morning.

  A number of other equities analysts also recently weighed in on the stock. Numis Securities reaffirmed a buy rating and issued a GBX 130 ($1.76) price target on shares of Lookers in a research note on Wednesday, March 7th. JPMorgan Chase upped their price target on shares of Lookers from GBX 109 ($1.48) to GBX 130 ($1.76) and gave the stock an overweight rating in a research note on Thursday, March 8th. Liberum Capital reaffirmed a buy rating and issued a GBX 145 ($1.97) price target on shares of Lookers in a research note on Wednesday, March 7th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 146 ($1.98) price target on shares of Lookers in a research note on Monday, March 5th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Lookers has an average rating of Buy and an average price target of GBX 137.71 ($1.87).

Hot Tech Stocks To Watch Right Now: j2 Global, Inc.(JCOM)

Advisors' Opinion:

• [By Logan Wallace]

  Royce & Associates LP increased its stake in J2 Global Inc (NASDAQ:JCOM) by 1.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 313,387 shares of the technology company’s stock after buying an additional 3,600 shares during the quarter. Royce & Associates LP’s holdings in J2 Global were worth $27,142,000 as of its most recent filing with the SEC.

• [By Ethan Ryder]

  J2 Global (NASDAQ:JCOM) Director W Brian Kretzmer sold 5,942 shares of the stock in a transaction on Wednesday, May 9th. The stock was sold at an average price of $87.25, for a total value of $518,439.50. Following the transaction, the director now owns 6,764 shares of the company’s stock, valued at $590,159. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on J2 Global (JCOM)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Tech Stocks To Watch Right Now: Allot Communications Ltd.(ALLT)

Advisors' Opinion:

• [By Ethan Ryder]

  A number of analysts recently commented on the company. Zacks Investment Research upgraded Allot Communications from a “hold” rating to a “buy” rating and set a $8.25 price objective for the company in a research report on Monday, November 12th. BidaskClub lowered Allot Communications from a “buy” rating to a “hold” rating in a research report on Friday, February 22nd. Oppenheimer reiterated a “hold” rating on shares of Allot Communications in a research report on Tuesday, February 5th. Finally, ValuEngine lowered Allot Communications from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $6.87.

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  Allot Communications Profile

• [By Shane Hupp]

  Allot Communications (NASDAQ: ALLT) and Extreme Networks (NASDAQ:EXTR) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

• [By Max Byerly]

  Allot Communications (NASDAQ:ALLT) and NEC (OTCMKTS:NIPNF) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, earnings, valuation and risk.

• [By Joseph Griffin]

  IBM (NYSE: IBM) and Allot Communications (NASDAQ:ALLT) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, earnings, profitability, risk and valuation.

• [By Max Byerly]

  Allot Communications (NASDAQ:ALLT) will be posting its quarterly earnings results before the market opens on Tuesday, May 8th. Analysts expect Allot Communications to post earnings of ($0.10) per share for the quarter.

Hot Tech Stocks To Watch Right Now: United States Cellular Corporation(USM)

Advisors' Opinion:

• [By Motley Fool Transcribers]

  United States Cellular Corporation  (NYSE:USM)Q4 2018 Earnings Conference CallFeb. 22, 2019, 10:30 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Max Byerly]

  JPMorgan Chase & Co. raised its holdings in U.S. Cellular (NYSE:USM) by 770.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,229 shares of the Wireless communications provider’s stock after acquiring an additional 46,231 shares during the period. JPMorgan Chase & Co. owned about 0.06% of U.S. Cellular worth $2,099,000 at the end of the most recent quarter.

• [By Logan Wallace]

  These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

  Get U.S. Cellular alerts: $962.41 Million in Sales Expected for U.S. Cellular (USM) This Quarter (americanbankingnews.com) $0.21 Earnings Per Share Expected for U.S. Cellular (USM) This Quarter (americanbankingnews.com) OneNeck IT Solutions named to CRN's 2018 Solution Provider 500 list (prweb.com) U.S. Cellular Unveils Offers on iPhones With New Connections (zacks.com)

  USM has been the subject of several research analyst reports. Raymond James raised shares of U.S. Cellular from a “market perform” rating to an “outperform” rating in a research report on Wednesday, May 2nd. ValuEngine raised shares of U.S. Cellular from a “sell” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, Zacks Investment Research raised shares of U.S. Cellular from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research report on Tuesday, February 27th.

• [By Ethan Ryder]

  NII (NASDAQ: NIHD) and U.S. Cellular (NYSE:USM) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, valuation, analyst recommendations, institutional ownership, earnings, profitability and dividends.

• [By Stephan Byrd]

  U.S. Cellular (NYSE: USM) and Hutchison Telecommunications Hong Kong (OTCMKTS:HTHKY) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, dividends, valuation, risk, analyst recommendations, earnings and profitability.