Friday, October 29, 2010

Stocks At One-Year High: (TDSC, CMCSA, CDNS)

3D Systems Corporation (NASDAQ:TDSC) jumped 20.09% to $24.21 after it made its fresh 52-week high of $26.89. The net income of the company increased to $5.4 million or $0.23 per share from $0.9 million or $0.04 per share prior year. Net income increased to $5.4 million or $0.23 per share from $0.9 million or $0.04 per share prior year. Revenue rose to $41.5 million from $27.7 million last year, while three analysts anticipated revenues of $36.32 million. Comcast Corporation (NASDAQ:CMCSA) surged 2.91% to $20.86 after it made its fresh 52-week high of $20.88. Yesterday, the company said it earned $867 million, or 31 cents a share, compared with a profit of $944 million, or 33 cents a share, in the same quarter last year. Revenue rose 7.3% to $9.49 billion. According to a survey taken by FactSet Research, analysts were expecting a profit of 31 cents a share on revenue of $9.53 billion. Cadence Design Systems, Inc. (NASDAQ:CDNS) went up 4.70% to $8.47 after making its new 52-week high of $8.56. Yesterday, the company announced results for the third quarter of fiscal year 2010. The company reported third quarter 2010 revenue of $238 million, compared to revenue of $216 million reported for the same period in 2009. On a GAAP basis, Cadence recognized net income of $127 million, or $0.48 per share on a diluted basis in the third quarter of 2010, compared to a net loss of $14 million, or $(0.05) per share on a diluted basis, in the same period in 2009. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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