Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Synaptics (NASDAQ: SYNA ) climbed 11% today after the touch-screen technologist raised its outlook for the current quarter. �
So what: The stock has slumped over the past month on concerns over slowing growth, but today's upbeat guidance reignites optimism on Wall Street over the mobile trends working in Synaptics' favor. The company also expects gross margins to be higher than previously expected, suggesting that its competitive position is strengthening as well. ���
Now what: Management now sees fourth-quarter revenue of $227 million to $230 million, up from a prior view of $190 million to $205 million and also well ahead of Wall Street's estimate of $198.6 million. "The Company's updated outlook is being driven by higher than expected revenue from mobile products, reflecting strong demand from a broad range of leading-edge designs across multiple mobile customers," Synapics wrote in a statement. With the stock still well off its 52-week highs and currently trading at a forward P/E of 12, there might even be some room left to benefit from that operating momentum. �
Hot Tech Stocks To Buy Right Now: Standard Microsystems Corporation(SMSC)
Standard Microsystems Corporation designs and sells a range of silicon-based integrated circuits that utilize analog and mixed-signal technologies worldwide. It offers USB 2.0 hub controllers and combination hub/flash memory card reader products; USB 2.0 flash memory card readers; USB-to-Ethernet controllers; Ethernet controllers and transceivers, as well as software drivers for consumer electronics and industrial applications; network multimedia processing engines supporting multiple high-definition audio/video streams, software protocol stack management, and security; and embedded communications products for wireless base stations, copiers, building automation, robotics, gaming machines, and industrial applications. The company also provides embedded Ethernet switches; embedded controllers for original equipment manufacturer and original design manufacturer personal computer designers; advanced I/O controllers; and x86-based server solutions. In addition, it develops ana log products for computing, consumer, and industrial applications; portable products designed for smart phones, personal digital assistants, and other handheld mobile devices; and automotive products. Further, the company markets Media Local Bus, a chip interconnect technology; sells software stacks, and system design and diagnostic tool products; and offers software development and systems integration support services for automotive networking applications. Its products provide connectivity, networking, or input/output control solutions for various high-speed communication, computer and related peripheral, consumer electronics, industrial control systems, or automotive information applications. The company sells its products through a direct sales force, third party sales representatives, and distributors. Standard Microsystems Corporation was founded in 1971 and is headquartered in Hauppauge, New York.
Hot Tech Stocks To Buy Right Now: Lorain Capital Corp(MWX.V)
Medworxx Solutions Inc. engages in the provision of health information technology solutions for hospitals primarily in Canada, the United States, and the United Kingdom. It develops technologies that are used to assist health care practitioners? abilities to communicate, aggregate, and analyze knowledge. The company offers patient flow solutions, including Medworxx utilization management, a clinically-based solution to assess, analyze, and advance patient flow challenges; Medworxx bed board, an electronic bed board that presents status indicators for every bed and patient; and Medworxx assessments for special patient flow measures. It also provides compliance and education solutions comprising Medworxx learning management system that supports the development, management, and delivery of classroom and online learning; Medworxx content management system, a content management system that is used by hospitals to improve the functionality and content of Intranet and Internet W ebsites; Medworxx policy and documentation management system, which enables healthcare organizations to automate and simplify the management and publication of policies and procedures in a Web-based environment; and Medworxx emergency readiness systems. In addition, the company offers maintenance and hosting, and consulting services. Medworxx Solutions Inc. was founded in 2004 and is headquartered in Toronto, Canada.
Top 5 Companies To Buy Right Now: Acorn Energy Inc.(ACFN)
Acorn Energy, Inc., through its subsidiaries, provides technology driven solutions for energy infrastructure asset management worldwide. It offers sonar and acoustic related solutions for energy, defense, and commercial markets with a focus on underwater site security for strategic energy installations and other acoustic systems, as well as develops and produces real-time embedded hardware and software. The company also develops and markets remote monitoring systems to electric utilities and industrial facilities, which are used in a range of utility applications, including outage management, power quality monitoring, system planning, trouble shooting and proactive maintenance, and condition monitoring; and provides the intelligence to transmission and distribution network operators. In addition, it develops and produces fiber optic sensing systems for the energy, commercial security, and defense markets. The company?s patented ultra-high sensitivity fiber optic sensors a re designed to replace electronic sensors with fiber optic sensors. Further, it engages in the design, manufacture, marketing, and sale of wireless remote systems that monitor standby power generation, backup power generators, remote powered equipment, cellular towers, emergency towered communications, and remote tower sites; cathodic protection products to monitor pipeline integrity; and other wireless remote systems. Acorn Energy, Inc. was founded in 1986 and is based in Montchanin, Delaware.
Hot Tech Stocks To Buy Right Now: Plexus Corp.(PLXS)
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services to original equipment manufacturers and other technology companies. The company offers product development and design services, including program management, feasibility studies, product conceptualization, specification development, circuit design, field programmable gate array design, printed circuit board layout, embedded software design, mechanical design, development of test specifications, and product verification testing. It also provides value-added services, such as engineering change-order management, cost reduction redesign, component obsolescence management, product feature expansion, test enhancement, and component re-sourcing. In addition, the company offers prototyping and new product introduction services comprising assembly of prototype products, materials management, analysis of the manufacturability and testability of a design, test implementation, and pilot productio n. Further, it provides test equipment development; material sourcing and procurement; agile manufacturing; fulfillment and logistic; after-market support; and regulatory requirements services. The company serves the wireline/networking, wireless infrastructure, medical, industrial/commercial, and defense/security/aerospace markets in the United States, Malaysia, China, the United Kingdom, Mexico, and Romania. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.
Hot Tech Stocks To Buy Right Now: Perfect World Co. Ltd.(PWRD)
Perfect World Co., Ltd., through its subsidiaries, engages in the research, development, operation, and licensing of online games primarily in the People?s Republic of China, the United States, and the Rest of Asia. It develops online games based on its game engines and game development platforms. The company?s 3D massively multiplayer online role playing games (MMORPGs) include Perfect World, an adventure and fantasy game with traditional Chinese settings; Legend of Martial Arts, an adventure story of Chinese swordsmen set in an ancient kingdom; and Perfect World II, which is set in a similar content and graphic background as Perfect World. It also offers Zhu Xian that is based on martial arts focused adventure set in a fantasy world; Chi Bi, a war story developed based on ancient Chinese history known as the Three Kingdoms; Hot Dance Party, a 3D online casual game; Pocketpet Journey West, a 3D MMORPG based on the classical novel of Chinese literature, Journey to the West ; Battle of the Immortals, a mysterious adventure, which enables game players to travel between eastern and western cultures, and adventures in historic sites and turf wars; and Fantasy Zhu Xian, a 2D turn-based MMORPG based on the Internet fantasy novel Zhu Xian. It also involves in the production and distribution of films, as well as television advertising activities. The company was founded in 2004 and is based in Beijing, the People?s Republic of China.
Hot Tech Stocks To Buy Right Now: Rexahn Pharmaceuticals Inc (RNN)
Rexahn Pharmaceuticals, Inc. (Rexahn) is a development-stage biopharmaceutical company. The Company focuses on the development of cures for cancer to patients worldwide. The Company�� pipeline features one drug candidate in Phase II clinical trials. The Company also has several other drug candidates in pre-clinical development. In addition, the Company has two renal cell carcinoma (CNS) candidates, Serdaxin, CNS Disorders drug for depression and neurodegenerative diseases and Zoraxel, which is a erectile dysfunction (ED) and sexual dysfunction drug that are in clinical stages and the Company is are exploring options for further development . The Company�� drug candidate, Archexin is an anticancer Akt inhibitor.
Archexin
Archexin is potent inhibitor of the Akt protein kinase (Akt) in cancer cells. Archexin has FDA orphan drug designations for five cancers (RCC, glioblastoma, and cancers of the ovary, stomach and pancreas). Multiple indications for other solid tumors can also be pursued. Archexin inhibit both activated and inactivated forms of Akt, and to reverse the drug resistance observed with the protein kinase inhibitors. Archexin is an antisense oligonucleotide (ASO) compound that is complementary to Akt mRNA, and selective for inhibiting mRNA expression and production of Akt protein. As of December 31, 2011, Archexin was in Phase II clinical trials for the treatment of pancreatic cancer with enrollment completed in September, 2011.
Serdaxin
Serdaxin is an extended release formulation of clavulanic acid, which is an ingredient present in antibiotics approved by the FDA. The Company had been developing Serdaxin for the treatment of depression and neurodegenerative disorders. From January to September, 2011, the Company conducted a randomized, double-blind, placebo-controlled study compared two doses of Serdaxin, 0.5 milligram and 5 milligram, to placebo over an eight-week treatment period for major depressive disorder (MDD) patients. As of Dec! ember 31, 2011, the Company had not made a determination of Serdaxin�� future paths or resource allocations to further develop Serdaxin to treat MDD.
Zoraxel
Zoraxel is an orally administered, on-demand tablet to treat sexual dysfunction. Zoraxel is a dual enhancer of neurotransmitters in the brain that play a key role in sexual activity phases of motivation and arousal, erection and release, and may be the ED drug to affect all three of these phases of sexual activity. As of December 31, 2011, the Company was evaluating how to proceed with the Phase IIb study of Zoraxel.
The Company�� Pre-clinical Pipeline Drug Candidates includes RX-1792, which is a small molecule anticancer EGFR inhibitor; RX-5902, which is a small molecule anticancer ribonucleic acid (RNA) helicase regulator; RX-3117, which is a Small molecule anticancer deoxyribonucleic acid (DNA) synthesis Inhibitor; RX-8243, which is a small molecule anticancer aurora kinase inhibitor; RX-0201-Nano, which is a nanoliposomal anticancer Akt inhibitor; RX-0047-Nano, which is an nanoliposomal anticancer HIF-1 alpha inhibitor and RX-21101, which is a nano-polymer Anticancer.
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