Monday, January 10, 2011

3 Tech Stocks on Watch; NVDA, CKSW, CALD

Hello and Good Morning! NVIDIA Corporation ( NASDAQ:NVDA ) is a computer technology company with a specialization in graphic processing units and chipset technology which is used for workstations, personal computers and mobile devices. The company is one of the top five in the business line of semiconductors. Recently Glu Mobile and NVIDIA have decided to come up with a partnership which will give a unique gaming experience to Android-powered tablets and mobile devices. The company is developing a CPU based on the ARM technology. The technology will provide very fast web browsing via a full HD video support on smart phones.  The stock  is performing well after the announcement of several products development news on Monday. ClickSoftware Technologies Ltd. ( NASDAQ:CKSW ) is a leading provider of automated workforce management and optimization for the service sector. The main revenue stream for the company comes from the software product licensing, consulting and support services. The company offers a services optimization suite called Click Schedule which enables optimizing service scheduling and routing. It has been the leading option for the organization to help them in scheduling and optimization of their work. The company acquired Manchitra Services Private Ltd; in 2009 for its workforce management business and AST Solutions Group Inc. Analysts are hoping that this year the stock will perform well. Though some research companies have rated the stock as neutral, the stock is performing well and has crossed its 200 day moving average. Callidus Software Inc ( NASDAQ:CALD ) is a technology company developing sales performance management software and services. The Company develops various software which help the organization to optimize their sales force in line with their business objective. The Company which was founded in 1996 has evolved as a number one option of any organization for Sales Performance management. The stock of the Company is currently trading at $5.69 up by 1.07% or 6 cents. The stock has recently made its new 52-wek high of $5.76. The stock whose market capitalization is of $184.47 million has crossed its 200-day moving average recently. Zack Investment research has reiterated a 'neutral' rating on the stock. The Company has recently announced that it will be reporting its financial results for the fourth quarter and full year of 2010 on February 3, 2011. Disclosure: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock. We reserve the right to buy or sell NVDA, CKSW and CALD at any time after this post.
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