Wednesday, October 26, 2011

5 IT Duds Not Communicating With Investors

You would think that amid the high tech revolution and the rise of consumer
gadgets like the Apple Inc. (NASDAQ: AAPL ) iPhone and iPad, tech stocks would
be the one safe place to hide in a crazy market. This has been true for the most
part, since there has been a slight outperformance of tech in general over the
last several months. However, not all information technology stocks are created
equal and some are downright losers that need to be sold immediately. I watch
more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, I
have 5 Information technology duds that aren't communicating with investors.
Here they are, in alphabetical order. Each one of these stocks gets a "D" or
"F" according to my research, meaning it is a "sell" or "strong
sell." Cisco Systems Inc. (NASDAQ: CSCO ) designs, manufactures and sells
IP-based networking and other products related to the communications and IT
industry. CSCO stock has more than underperformed in 2011, down 11% in the last
10 months. Ericsson (NASDAQ: ERIC ) is a Swedish telecommunications company that
has come up empty in 2011. Despite strong showings in May and June, ERIC stock
is down lately and has lost 11% year-to-date. Juniper Networks Inc. (NYSE: JNPR
) serves the networking requirements of global service providers, enterprises
and public sector organizations. JNPR stock has dipped 36%, year-to-date,
compared to a 2% gain for the Dow Jones in the same time. Nokia Corp. (NYSE: NOK
) is a consumer electronics developer based in Finland. A 33%, year-to-date,
drop for NOK stock has ensured the once-prominent tech company a spot on this
list. Research In Motion (NASDAQ: RIMM ) has become a household name for
developing its line of Blackberry smartphones. However, as competitors continue
to take a larger share of the market, RIMM stock has plummeted 61% year-to-date.
Get more analysis of these picks and other publicly-traded stocks with Louis
Navellier's Portfolio Grader tool, a 100% free stock-rating tool that measures
both quantitative buying pressure and eight fundamental factors.

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