Nasdaq 3 Most Active Stocks (CSCO, NVDA and MCCC)

Cisco Systems Inc. (NASDAQ: CSCO) shares dropped from previous close of $20.15 to $20.05, amounting to a decrease of 0.5%. The stock reached today's low of $20.01 with volume at 47.4 million shares. The stock has a 52-week range of 27.74 – $ 19.82. The daily average volume of the stock is 63.5 million shares. The company’s market capitalization stood at $114.50 billion. The 1-year target estimate is $27.00. The company recently announced a fundamental innovation for next-generation telecommunications transport networks, the Cisco Carrier Packet Transport (CPT) System. This solution is ideal for migrating service provider transport infrastructures to support next-generation Internet Protocol -based services, such as video, mobility and cloud computing. It combines the reliability of a transport network with the efficiencies of packet technology to deliver current and future services. NVIDIA Corporation (NASDAQ: NVDA) shares are currently trading at $13.175, a drop of 0.64% from previous closing price of $13.26. The company's shares have 52-week trading range of $18.96 – $8.65. The stock is trading at volume of 7.65 million shares. The daily average volume of the stock is 20.10 million shares. The market capitalization of the company is $7.56 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. This quarter demonstrated speed of execution and regained share in desktops. The company has begun production on seven more GPUs, including the GeForce GTX 580 after shipping its first processor based on the Fermi architecture. The Fermi architecture is in every segment of its desktop, notebook and workstation product lines. The Tianhe-1A supercomputer, which incorporates 7,168 GPUs, was unveiled as the world’s fastest supercomputer. The company expects revenue for fourth quarter to be up 3 to 5% from the third quarter. Mediacom Communications Corporation (NASDAQ:MCCC) shares are currently trading at $ 8.42, a gain of 22.74% from previous closing price of $6.86. The company's shares have 52-week trading range of $7.65 – $3.85. The stock is trading at volume of 9.69 million shares. The daily average volume of the stock is 390,019 shares. The market capitalization of the company is $346.48 million. The 1-year target estimate is $6.75. Today, the company announced that it has entered into a definitive merger agreement with Rocco B. Commisso, the founder, Chairman and Chief Executive Officer of Mediacom, and an entity created by Mr. Commisso. Upon consummation of the merger, all of the outstanding shares of Mediacom common stock not owned by Mr. Commisso will convert into $8.75 per share in cash. 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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