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responded positively to an article in Barron's that
highlighted the catalysts for the shares. The article cited rapidly expanding revenue, cost-cutting measures, price stability in its products, Apple TV and increased dividend and share buyback as possible catalysts.
On CNBC's Mad Money, Jim Cramer
explained why he decided to take profits in
Bank of America Corp BAC and instead would buy
Wells Fargo & Co WFC. Cramer also commented on other stocks, including a couple of automobile majors.
Tesla Motors Inc TSLAmysteriously rallied earlier this week. Shares of the company had been on a downswing after Tesla Motors reported a huge Q4 miss on lower-than-expected revenue. The short rally may have been triggered by speculations of the company being a takeover target.
Cantor Fitzgerald released a report
summarizing its 2015 outlook for Internet stocks. The report included an in-depth look at the huge opportunity coming in the cloud computing space.
Cybersecurity stocks have been on fire lately. The list
includes 30 companies, along with Israeli software designer
CyberArk Software Ltd CYBR and
FireEye Inc FEYE, a provider of automated threat forensics and dynamic malware protection against advanced cyber threats.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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