Brocade Communications Systems, Inc. (NASDAQ: BRCD) shares dropped from
previous close of $5.74 to $5.82, amounting to a gain of 1.39%. The stock
reached today's high of $5.91 with volume at 8.16 million shares. The stock
has a 52-week range of $8.42 $4.64. The daily average volume of the stock is
17.40 million shares. The companys market capitalization stood at $2.63 billion.
The 1-year target estimate is $6.50. Recently, the company announced the
introduction of the industry's first true ethernet fabric switching solutions
for highly virtualized and cloud-optimized data centers. The company now leads
the industry in the development and delivery of ethernet fabrics. Cisco Systems
Inc. (NASDAQ: CSCO) shares dropped from previous close of $19.435 to $ 19.62,
amounting to a gain of 0.95%. The stock is trading at a volume of 40.8 million
shares. The stock has a 52-week range of 27.74 $ 19.34. The daily average
volume of the stock is 68.2 million shares. The companys market capitalization
stood at $112.05 billion. The 1-year target estimate is $27.00. The company
recently announced that it leads in total USGv6 certification for routers,
switches and firewalls, aligning with recent directive that all U.S. government
agencies upgrade their IT infrastructures in support of internet protocol
version 6 (IPv6), as the remaining pool of IPv4 addresses shrinks. The company
is also introducing new features in its ASR 1000 series routers, use cases, and
professional services to help customers transition to IPv6. Additionally, it is
the first technology vendor to be certified by the IPv6 forum to offer IPv6
education and certification for information technology professionals. NVIDIA
Corporation (NASDAQ: NVDA) shares are currently trading at $12.82, a gain of
0.85% from previous closing price of $12.7125. The company's shares have
52-week trading range of $18.96 $8.65. The stock is trading at volume of 6.41
million shares. The daily average volume of the stock is 20.10 million shares.
The market capitalization of the company is $7.35 billion. The 1-year target
estimate is $13.00. Recently, the company announced its third quarter results
2010, with net revenues at $843.9 million, up 4.0% from $811.2 in the previous
quarter and down 6.6% from $903.2 million from the previous year. The net income
reported was $84.9 million or $0.15 per diluted share as compared to net loss of
$141.0 million, or $0.25 per share in the previous quarter and $107.6 million,
or $0.19 per diluted share in the previous year. The company expects revenue for
fourth quarter to be up 3 to 5% from the third quarter. 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.
No comments:
Post a Comment