Some Large Cap Tech Stock Bull Ideas

By Vinayak on Tuesday, September 24, 2013 with 1 comment

Facebook: Bullish price action

Facebook has been going up over the last 6 months, last 3 months and the last month. In addition, Citigroup gave the stock an upgrade from "neutral" to "buy". The reason why traders and investors are bullish on FB today is the news that the social network will now be accessible in a free trade zone in China. 

Apple: Another tech giant stock upgrade

Apple's price target has been raised by Barclays and Goldman Sachs. The equity has been through a rough time recently with the weak reception for the iPhone 5C being a major reason. Anyway, these bullish opinions could very well be quite temporary. As for short interest, it accounts for less than 2% of the stock's available float. 

LinkedIn: Some important trends on volume to note

Even after a meteoric rise this year (almost double the value), analysts at Evercore Partners have cause to raise the price target of LNKD. The equity's 10-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) put/call volume ratio stands at 1.22, suggesting that puts bought to open have exceeded calls over the two weeks prior to this. 

This ratio is actually in the 99th annual percentile, indicating that traders have been picking up puts over calls at a near-annual-high clip.

Category: Stocks

POST COMMENT

1 comments:

nidhi jain said...
November 17, 2014 at 4:38 AM

I just read through the entire views  of yours and it was quite good about stocks Epic Research also has updates.

Post a Comment