News Formal

These lagging technology stocks are poised for a breakout, traders say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

These lagging technology stocks are poised for a breakout, traders say $CSCO $TXN $XLK (via TradingNation)

Quint Tatro, chief investment officer at Joule Financial, sees signs of life in one particular stock: Cisco.

will see key improvements in multiple product lines in 2020 — Tatro wasn't shying away from the downtrodden name. Western Digital also looked "unenthusiastic" to Baruch, who said the stock appeared to have "no direction" after falling for most of 2018. In short, Texas Instruments' strong uptrend has made Baruch bullish on the semiconductor manufacturer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TiVo nears all-stock merger with XperiTiVo Corp., the inventor of the digital video recorder, and technology licenser Xperi Corp. have agreed to merge in a $1.21-billion all-stock transaction.
Source: latimes - 🏆 11. / 82 Read more »