Tag: Garmin

  • Tech Stocks New Highs: Corning (NYSE:GLW), QUALCOMM (NASDAQ:QCOM), Garmin (NASDAQ:GRMN), Supercom (NASDAQ:SPCB)

    Corning Incorporated (NYSE:GLW) announced  that Eric S. Musser, 55, has been elected executive vice president, Corning Technologies and International. Musser will oversee Corning Environmental Technologies, Corning Life Sciences, Corning International, and Global Manufacturing and Quality organizations.  Musser will report to Wendell P. Weeks, president, chief executive officer, and chairman. Corning Incorporated (NYSE:GLW) shares after opening at $20.43 moved to $20.75 on last trade day and at the end of the day closed at $20.46. Company price to sales ratio in past twelve months was calculated as 3.70 and price to cash ratio as 5.52. Corning Incorporated (NYSE:GLW) showed a positive weekly performance of 5.36%.
    Jefferies analyst Peter Misek reiterated a Buy rating, raised estimates and boosted his price target on Qualcomm (NASDAQ:QCOM) from $86 to $95. QUALCOMM, Inc. (NASDAQ:QCOM) shares advanced 0.94% in last trading session and ended the day on $79.05. QCOM return on equity ratio is recorded as 18.40% and its return on assets is 14.70%.  QUALCOMM, Inc. (NASDAQ:QCOM) yearly performance is 20.96%.
    Garmin Ltd (NASDAQ:GRMN)’s share price traded up 4.5% during mid-day trading on Thursday after Oppenheimer raised their price target on the stock from $58.00 to $65.00, Analyst Ratings Netreports. Garmin Ltd. (NASDAQ:GRMN) shares moved up 1.19% in last trading session and was closed at $56.02 while trading in range of $55.28 – $58.21 – Garmin Ltd. (NASDAQ:GRMN) year to date (YTD) performance is 22.29%.
    SuperCom Ltd. (NASDAQ:SPCB) announced that it has been selected as the winning bidder for contracts amounting to over $25 million. The majority of the revenue from the realization of those contacts will be recognized in 2014.  Supercom Ltd (NASDAQ:SPCB) weekly performance is -5.59%. On last trading day company shares ended up $6.42.  Supercom Ltd (NASDAQ:SPCB) distance from 50-day simple moving average (SMA50) is 5.52%.