Tech Gainers: Apple Inc. (NASDAQ:AAPL), Advanced Micro Devices, Inc. (NYSE:AMD), SINA Corp (NASDAQ:SINA), Youku Tudou Inc (ADR) (NYSE:YOKU)

Netflix, Inc. (NASDAQ: NFLX) investors felt some real pressure on Monday after reports have come out that Apple Inc. (NASDAQ: AAPL) has held talks with Comcast Corp. (NASDAQ: AAPL) over a new streaming television and media distribution platform. The reality is that competition against Netflix is not really a new concept. However, one issue should stand out more than any other – rather than trying to compete with Netflix on a slow trajectory, Apple should just write a big check and acquire Netflix. Apple Inc. (NASDAQ:AAPL) stock opened today at $546.52 and is currently trading at $548.67. The stock showed a positive weekly performance of 2.56%.

Advanced Micro Devices (NYSE:AMD) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened at $4.08, in current trading session and currently is at $4.05, by gaining 0.12%.The 52 week range of $2.26-$4.65. Company’s market capitalization is $3.09 billion.

SINA Corp (NASDAQ:SINA) was downgraded by equities research analysts at Maxim Group from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. They currently have a $90.00 target price on the stock. Maxim Group’s target price would suggest a potential upside of 34.11% from the company’s current price. The analysts noted that the move was a valuation call. SINA Corp (NASDAQ:SINA) stock is currently trading at $62.18 .The EPS of the stock is 0.64. Company’s market capitalization is $4.14 billion.

On 03 March 2014, Youku Tudou Inc (ADR) (NYSE:YOKU) has long been known as a loss stock, but that is just about to change completely. The latest earnings results and the management and analysts’ optimism in the stock are just some of the visible signs that a positive change has come to the Internet television stock. Youku Tudou Inc (ADR) (NYSE:YOKU) stock opened the session at $29.85, and now is at $29.52. The 52 week range of the YOKU stock remained $15.54-$37.74 and the day range was $29.48-$30.95.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *