Author Archives: Scalper1

Don’t Miss 4 Top Tech Stocks: Alphabet In Buy Range

Four top Internet stocks are leading the Internet content group to the top spot in Tuesday’s issue among IBD’s 197 industry groups. The group moved up from No. 2 three weeks ago and No. 17 six weeks back. Alphabet (GOOGL), Facebook (FB) and LinkedIn (LNKD), share a 99 Composite Rating. A fourth stock, Autobytel (ABTL), also earns a 99. All have topped earnings views. Google parent Alphabet is back in buy range at nearly 5% past a 713.43 buy point

Bulls charge back into Netflix stock

The bulls returned to Netflix (NFLX) stock this week, bidding up shares 13% over the past two days. Netflix rose 5.2% on Tuesday to 117.10 in heavy trading. On Monday, Netflix soared 7.4%. On Monday, Pacific Crest Securities analyst Andy Hargreaves reiterated his overweight rating on Netflix stock, with a price target of 140. “Netflix is the best in the world at delivering on-demand TV, which should allow it to gain share of viewing hours and

Citrix To Spin Off Its GoTo Business

As some predicted on Wall Street, Citrix Systems (CTXS) announced plans late Tuesday to spin off its GoTo products into a separate, publicly traded company. The transaction, intended to be a tax-free spinoff to Citrix shareholders, is expected to be completed in the second half of 2016. Citrix said the decision follows a “thorough review of strategic alternatives.” Citrix says the move will let it and the company established by the spinoff improve