Ashish Chaturmohta
Sundaram Fasteners is in a long-term uptrend forming higher tops and higher bottoms on the daily chart and weekly chart. The stock has seen in a consolidation zone between the levels of Rs 645 and 545 odd levels over the last four months with a positive bias.
The price has been taking support at its 100-day moving average. The Relative Strength Index on the daily chart has given a positive crossover with its average suggesting that the stock is likely to see a breakout on the upside.
Thus, the stock can be bought at current level and on dips towards Rs 635 with a stop loss below Rs 615 and a target of Rs 720 levels.
Disclaimer: The author is Head Technical and Derivatives, Sanctum Wealth Management. The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Best Tech Stocks To Watch For 2019: GlobalSCAPE, Inc.(GSB)
Advisors' Opinion:- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Akorn, Inc. (NASDAQ: AKRX) fell 32.7 percent to $13.25 in pre-market trading after Fresenius terminated its merger deal with Akorn. Chicago Bridge & Iron Company N.V. (NYSE: CBI) fell 15.7 percent to $12.30 in pre-market trading. Subsea 7 confirmed a $7.00 per share proposal to acquire Mcdermott, pending termination of merger agreement with CB&I. Myomo, Inc. (NYSE: MYO) fell 9 percent to $3.65 in pre-market trading after rising 11.39 percent on Friday. Hasbro, Inc. (NASDAQ: HAS) fell 8 percent to $88.36 in pre-market trading after the company reported weaker-than-expected results for its first quarter on Monday. SunPower Corporation (NASDAQ: SPWR) fell 7.1 percent to $9.00 in pre-market trading. Endeavour Silver Corp. (NYSE: EXK) shares fell 5.9 percent to $2.88 in pre-market trading after declining 3.16 percent on Friday. Mattel, Inc. (NASDAQ: MAT) shares fell 5.5 percent to $12.25 in pre-market trading. Valeritas Holdings, Inc. (NASDAQ: VLRX) shares fell 5.1 percent to $2.96 in pre-market trading after rising 76.27 percent on Friday. GlobalSCAPE, Inc. (NYSE: GSB) fell 5.1 percent to $3.57 in pre-market trading. Fresenius Medical Care AG & Co. KGaA (NYSE: FMS) shares fell 4.1 percent to $49.93 in pre-market trading. Oasis Petroleum Inc. (NYSE: OAS) fell 4.1 percent to $9.75 in pre-market trading. SunTrust Robinson Humphrey downgraded Oasis Petroleum from Hold to Sell
Best Tech Stocks To Watch For 2019: MER Telemanagement Solutions Ltd.(MTSL)
Advisors' Opinion:- [By Alexander Bird]
Here are the top performers from last week…
Penny Stock Current Share Price Last Week's Gain Staffing 360 Solutions Inc. (Nasdaq: STAF) $2.58 96.35% IZEA Inc. (Nasdaq: IZEA) $1.65 85.19% ShiftPixy Inc. (Nasdaq: PIXY) $3.35 78.38% MER Telemanagement Solutions Ltd. (Nasdaq: MTSL) $3.31 41.07% IsoRay Inc. (NYSE: ISR) $0.60 38.64% TransGlobe Energy Corp. (Nasdaq: TGA) $3.74 37.76% Actinium Pharmaceuticals Inc. (OTCMKTS: ATNM) $0.27 26.31% Blonder Tongue Labs Inc. (NYSE: BDR) $1.56 24.58% Bridgeline Digital Inc. (Nasdaq: BLIN) $1.51 24.51% Cel-Sci Corp. (NYSE: CVM) $0.91 24.03%While these penny stocks generated strong returns last week, they're unlikely to produce the same level of profit again anytime soon.
- [By Stephan Byrd]
News stories about MER Telemanagement Solutions (NASDAQ:MTSL) have trended somewhat positive on Sunday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MER Telemanagement Solutions earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.5243579518781 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Best Tech Stocks To Watch For 2019: CYREN Ltd.(CYRN)
Advisors' Opinion:- [By Lisa Levin] Gainers Regional Health Properties, Inc. (NYSE: RHE) shares surged 56 percent to $0.3980. Precipio, Inc. (NASDAQ: PRPO) shares jumped 34 percent to $0.5632 after the nano-cap specialty diagnostics company said it saw an acceleration of sales in its Pathology services in April. The company now expects to see a sequential double digit quarterly sales growth. SenesTech, Inc. (NASDAQ: SNES) rose 16 percent to $1.45 after trading higher at one point Monday by nearly 300 percent. The nano-cap developer of pest control said the California state government approved the company's ContraPest for user in the state. America's Car-Mart, Inc. (NASDAQ: CRMT) gained 13.3 percent to $61.975 after reporting upbeat Q4 results. Check-Cap Ltd. (NASDAQ: CHEK) shares gained 9.8 percent to $4.92 as the company announced the publication of CE Mark multicenter clinical study results on C-Scan® in Gut. Arcimoto, Inc. (NASDAQ: FUV) rose 8.3 percent to $3.41. Ferroglobe PLC (NYSE: GSM) gained 7 percent to $12.13 following stronger-than-expected quarterly earnings. Photronics, Inc. (NASDAQ: PLAB) shares climbed 6.5 percent to $9.00 after the company reported upbeat Q2 results. Micron Technology, Inc. (NASDAQ: MU) rose 6.2 percent to $58.94 after reporting a $10 billion buyback plan. Blink Charging Co. (NASDAQ: BLNK) gained 6.2 percent to $7.53. Blink Charging disclosed that its vehicle charging network exceeds 125,000 members. The Container Store Group, Inc. (NYSE: TCS) gained 5.4 percent to $7.97. Container Store is expected to release quarterly earnings after the closing bell. Cyren Ltd (NASDAQ: CYRN) shares rose 5.4 percent to $2.95 after reporting Q1 results.
Check out these big penny stock gainers and losers
- [By Lisa Levin] Companies Reporting Before The Bell Advance Auto Parts, Inc. (NYSE: AAP) is projected to report quarterly earnings at $1.97 per share on revenue of $2.91 billion. Kohl's Corporation (NYSE: KSS) is expected to report quarterly earnings at $0.5 per share on revenue of $3.95 billion. The TJX Companies, Inc. (NYSE: TJX) is projected to report quarterly earnings at $1.02 per share on revenue of $8.47 billion. AutoZone, Inc. (NYSE: AZO) is estimated to report quarterly earnings at $13.01 per share on revenue of $2.72 billion. Dycom Industries, Inc. (NYSE: DY) is projected to report quarterly earnings at $0.7 per share on revenue of $734.86 million. Eaton Vance Corp. (NYSE: EV) is estimated to report quarterly earnings at $0.79 per share on revenue of $425.42 million. Photronics, Inc. (NASDAQ: PLAB) is expected to report quarterly earnings at $0.07 per share on revenue of $124.17 million. Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is estimated to report quarterly earnings at $1.93 per share on revenue of $715.15 million. Radcom Ltd. (NASDAQ: RDCM) is expected to post quarterly earnings at $1.96 per share on revenue of $718.59 million. Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is projected to report quarterly earnings at $0.04 per share on revenue of $718.96 million. CYREN Ltd. (NASDAQ: CYRN) is estimated to report quarterly loss at $0.08 per share on revenue of $7.72 million. Ferroglobe PLC (NYSE: GSM) is projected to report quarterly earnings at $0.16 per share on revenue of $559.15 million. Dr. Reddy's Laboratories Limited (NYSE: RDY) is estimated to report earnings for its fourth quarter. BioLineRx Ltd. (NASDAQ: BLRX) is expected to report quarterly loss at $0.07 per share. Toll Brothers, Inc. (NYSE: TOL) is estimated to post quarterly earnings at $0.76 per share on revenue of $1.58 billion.
- [By Lisa Levin] Gainers Pacific Biosciences of California, Inc. (NASDAQ: PACB) rose 11.4 percent to $2.93 in pre-market trading. Check-Cap Ltd. (NASDAQ: CHEK) shares rose 6.3 percent to $4.76 in pre-market trading as the company announced the publication of CE Mark multicenter clinical study results on C-Scan® in Gut. Acacia Communications, Inc. (NASDAQ: ACIA) rose 6 percent to $ 35.20 in pre-market trading. Cellect Biotechnology Ltd. (NASDAQ: APOP) rose 6 percent to $7.60 in pre-market trading. Hexindai Inc. (NASDAQ: HX) rose 5.7 percent to $12.70 in pre-market trading. MoSys, Inc. (NASDAQ: MOSY) shares rose 5.3 percent to $2.07 in pre-market trading. Micron Technology, Inc. (NASDAQ: MU) rose 5 percent to $58.20 in pre-market trading after reporting a $10 billion buyback plan. Golden Ocean Group Limited (NASDAQ: GOGL) rose 4.1 percent to $8.63 in pre-market trading. MorphoSys AG (NASDAQ: MOR) rose 3.5 percent to $26.99 in pre-market trading. Cyren Ltd (NASDAQ: CYRN) shares rose 3.4 percent to $2.90 in pre-market trading. after reporting Q1 results. Box, Inc. (NYSE: BOX) rose 3.4 percent to $28.76 in pre-market trading. Kohl's Corporation (NYSE: KSS) shares rose 3.3 percent to $67.60 in the pre-market trading session after the company reported upbeat quarterly earnings. Micro Focus International plc (NYSE: MFGP) shares rose 3.1 percent to $18.40 in pre-market trading.
Best Tech Stocks To Watch For 2019: Arista Networks, Inc.(ANET)
Advisors' Opinion:- [By Billy Duberstein]
Data center switching upstart Arista Networks (NYSE:ANET) is more open-source; incumbent switch maker Cisco (NASDAQ:CSCO), perhaps due to its front-runner status as a legacy business from the 1990s, has stayed more "closed."
- [By Dan Caplinger]
If you believe in open-source cloud networking, then Arista Networks (NYSE:ANET) is the obvious choice to provide you with the tools and services to gain access to the cloud. With hundreds of companies scurrying to keep up with their competitors by taking advantage of the latest technological innovations, Arista has plenty of opportunities to win business, but it also faces competition from companies that want to defend their own proprietary solutions. Consolidation in the cloud industry has also started to increase, and smart acquisitions can open doors to further growth.
- [By ]
Arista Networks (ANET) : "That's a great company with a great CEO."
Dr. Pepper Snapple (DPS) : "You need to wait until the merger closes, then it'll be OK."
- [By Steve Symington, Keith Speights, and Demitrios Kalogeropoulos]
To that end, we asked three top Motley Fool contributors to each find a stock that they believe could potentially put Netflix's returns to shame. Read on to learn why they think Arista Networks (NYSE:ANET), Activision Blizzard (NASDAQ:ATVI), and Vertex Pharmaceuticals (NASDAQ:VRTX) fit the bill.
- [By Motley Fool Transcription]
Arista Networks, Inc. (NYSE:ANET)Q2 2018 Earnings Conference CallAugust 2nd, 2018, 4:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
Best Tech Stocks To Watch For 2019: Cellcom Israel Ltd.(CEL)
Advisors' Opinion:- [By Stephan Byrd]
Partner Communications (NASDAQ: PTNR) and Cellcom Israel (NYSE:CEL) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, risk, valuation, profitability and dividends.
- [By Ethan Ryder]
Hellenic Telecom Organization (NYSE: CEL) and Cellcom Israel (NYSE:CEL) are both utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, earnings, valuation, risk, institutional ownership, dividends and analyst recommendations.
- [By Lisa Levin]
Thursday afternoon, the telecommunication services shares surged 0.58 percent. Meanwhile, top gainers in the sector included Intelsat S.A. (NYSE: I), up 5 percent, and Cellcom Israel Ltd. (NYSE: CEL) up 2.5 percent.
Best Tech Stocks To Watch For 2019: FEI Company(FEIC)
Advisors' Opinion:- [By Joseph Griffin]
Media headlines about FEI (NASDAQ:FEIC) have trended somewhat positive on Monday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. FEI earned a news impact score of 0.17 on Accern’s scale. Accern also gave media stories about the scientific and technical instruments company an impact score of 43.5801711111494 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
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