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Harsh Chauhan

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  • This Retailer’s Expensive Valuation Is Warranted!

    By Harsh Chauhan - June 17, 2013 | Tickers: AMZN, COST, WMT | Editor's Choice

    There’s no doubt that warehouse club operator Costco (NASDAQ: COST) has turned in a solid performance so far this year with a gain of around 16%. The stock trades close to its 52-week high and trades at a rich valuation, which might create some doubts in the minds of investors whether Costco can keep chugging like it has done so far.

    Costco trades at 24 times trailing earnings, and more »

  • A Few Reasons Why This Stock’s Premium Valuation Is Justified

    By Harsh Chauhan - June 16, 2013 | Tickers: AAP, AZO, ORLY

    Auto parts retailers have had a solid run this year with all the major players recording solid gains. However, O’Reilly Automotive (NASDAQ: ORLY) is the one which takes the cake when it comes to share price appreciation and growth trajectory. The stock is up almost 27% so far this year, easily outperforming its peers and considering the moves it is making, I doubt that there will be any let more »

  • Is a Turnaround in the Cards for This Company?

    By Harsh Chauhan - June 13, 2013 | Tickers: BBRY, FLEX, JBL

    It’s been a tumultuous year for shares of contract electronics manufacturer Jabil Circuit (NYSE: JBL) with the stock just about keeping its head above the water. However, there’s been a mini rally of sorts over the past couple of months with shares gaining close to 15% after skirting 52-week lows.

    Therefore, the upcoming third-quarter results, due out on June 19, will play a vital role in determining whether more »

  • Why Buying This Stock Makes Sense After Its Recent Dip

    By Harsh Chauhan - June 13, 2013 | Tickers: GA, NTES, QIHU

    Shares of Chinese online gaming company Giant Interactive (NYSE: GA) have been under pressure over the past few days after the company announced that Vogel Holding Group Limited, an affiliate of its chairman, Mr. Yuzhu Shi, will be selling its shares. Vogel had initially decided to offer 15.1 million American depository shares, but the offering was reduced to 11 million shares with the option of selling another 1.65 more »

  • Why This Stock Should Continue Its Blazing Run Post Earnings

    By Harsh Chauhan - June 12, 2013 | Tickers: AAPL, MU, SNDK

    Chip maker Micron Technology (NASDAQ: MU) has been on fire this year as shares have more than doubled. The stock’s resurgence this year has been helped by improving fundamentals of the DRAM (dynamic random access memory) and NAND markets while a terrific earnings report earlier this year in March ensured that the rally didn’t lose steam.

    As such, the upcoming third-quarter earnings report next week and the accompanying more »

  • Will This Stock Spring Back to Life Next Week?

    By Harsh Chauhan - June 11, 2013 | Tickers: T, CIEN, FNSR

    Companies plying their trade in the optical networking industry burst into life last week after Ciena (NASDAQ: CIEN) posted results that took everyone by surprise. Suppliers of optical networking components have trended higher since Ciena released its results, and as such, I won’t be surprised if Finisar (NASDAQ: FNSR) steps on the gas next week (on June 19) when it releases its fourth-quarter results.

    The stock is down around more »

  • This Company Proved Analysts Wrong, Once Again

    By Harsh Chauhan - June 7, 2013 | Tickers: T, CIEN, JDSU

    When communications equipment maker Ciena (NASDAQ: CIEN) released its second-quarter results, one thing became very clear -- the company is indeed ahead of the rest in its industry. Management stated during the first-quarter conference call three months ago that the company’s competitive strengths have kept it ahead of the pack, and that was proved when it released its latest results.

    Surprise, surprise!

    Ciena surprised the Street with adjusted earnings of more »

  • Why Bigger Is Not Always Better

    By Harsh Chauhan - June 7, 2013 | Tickers: DG, DLTR, FDO

    Dollar General (NYSE: DG) is one of the most resilient stocks that I’ve ever seen. It has a tendency to bounce back if it falls for some reason, like we have seen so far this year after the company had crashed in December last year after cutting its guidance. A similar thing happened earlier this week after Dollar General released its latest results.

    The stock dropped around 9% after more »

  • Judgment Day Is Coming for This Company

    By Harsh Chauhan - June 5, 2013 | Tickers: ADTN, CIEN, JDSU

    It’s been an indifferent year for communications equipment maker Ciena (NASDAQ: CIEN) so far, with the stock gaining just around 10% and underperforming the NASDAQ Composite index. This is a far cry from what I’d expected from the stock as an uptick in telco spending was supposed to propel Ciena higher.

    However, even though Ciena had turned in a terrific quarterly report earlier this year, the shares haven more »

  • After Proving Its Mettle, This Company Is in for Better Times Ahead

    By Harsh Chauhan - June 5, 2013 | Tickers: AAPL, AVGO, SSNLF

    It doesn’t take long for fortunes to change on the Street. Avago Technologies (NASDAQ: AVGO), which was mired in short-term weakness just a quarter ago, bounced back with a vengeance after beating consensus estimates in the second quarter and issuing a sunny guidance for the ongoing one.

    Unsurprisingly, analysts started their customary price upgrades and investors were raving about the prospects of the company. However, Avago’s long-term growth more »

  • A Few Reasons Why This Explosive Stock Is Worth Buying

    By Harsh Chauhan - June 4, 2013 | Tickers: AAPL, OVTI, TSLA | Editor's Choice

    When the Street unfairly punished OmniVision Technologies (NASDAQ: OVTI) a quarter ago for failing to provide a snazzy outlook, it was clear that this overreaction would open up opportunities for astute investors. Well, those investors certainly celebrated this weekend with a bottle of champagne as OmniVision shares overreacted on the positive side after it released its fourth-quarter results.

    The stock soared close to 20% as OmniVision delivered a heavy beat more »

  • Is This Company’s Business About to Turnaround?

    By Harsh Chauhan - May 31, 2013 | Tickers: GA, NTES, PWRD | Editor's Choice

    It was exactly a year ago when I’d recommended that investors buy Chinese online game developer Perfect World (NASDAQ: PWRD) after the stock had crashed following a terrible first-quarter report. One year on, I see that the stock has appreciated close to 40%. However, almost all of the growth has happened since 2013 began and the stock soared earlier this week after the company posted better than expected results more »

  • This Stock Has Kept Investors Waiting, But for How Long?

    By Harsh Chauhan - May 30, 2013 | Tickers: T, CHL, CHU, JDSU

    2013 was supposed to be a good year for optical networker JDS Uniphase (NASDAQ: JDSU) and the company had even kicked off the year in style, posting solid results and an upbeat outlook. However, the stock’s performance has since deteriorated and the third-quarter results released earlier this month haven’t done much to revive its fortunes.

    The company missed estimates and the outlook for the ongoing quarter wasn’t more »

  • Why This Retailer Is the Best in Its Class

    By Harsh Chauhan - May 29, 2013 | Tickers: ANF, AEO, URBN

    Apparel retailer Urban Outfitters (NASDAQ: URBN) was cruising nicely until earlier this month, with shares up in the high teens year to date. However, all that changed when the company’s first-quarter revenue came in short of estimates. The stock has been on a decline since releasing its report on May 20, retreating close to 9% since.

    At this point, investors must be wondering what to do with their investment more »

  • Put Your Dollar in This Stock and Watch it Grow

    By Harsh Chauhan - May 29, 2013 | Tickers: DG, DLTR, FDO | Editor's Choice

    It has been a great year for dollar stores so far, and Dollar Tree (NASDAQ: DLTR) has been one of the best performers in the sector with year-to-date gains of around 27%. The gains are a result of some solid strategies and great execution, which have led to robust growth in its business.

    But if you though that you’ve missed the train considering the stock’s run up this more »

  • This Company Beat Earnings, But Does That Make it a Buy?

    By Harsh Chauhan - May 28, 2013 | Tickers: MRVL, STX, WDC | Editor's Choice

    It was really fascinating to see chipmaker Marvell Technology (NASDAQ: MRVL) beat the Street handsomely in the first quarter. While it was expected that the company would meet consensus estimates, Marvell posted big positive surprises on both the top and bottom lines.

    What’s more, the company’s outlook for the second quarter proved to be the icing on the cake, as Marvell’s earnings expectation of $0.17 to more »

  • Is This Cheap Stock Finally Going to Fly?

    By Harsh Chauhan - May 28, 2013 | Tickers: GA, GLUU, GAME

    Given the booming nature of the Chinese online gaming industry, it won’t be wrong to expect the third biggest player in the arena to be doing well -- growing its revenue, increasing earnings, upstaging analyst expectations -- basically doing all that stuff that would indicate that the company is making the most of the opportunity in front of it.

    However, Shanda Games (NASDAQ: GAME) has done its best to disappoint on more »

  • Don’t Buy This Stock Now, but Don’t Ignore It Either

    By Harsh Chauhan - May 25, 2013 | Tickers: ADI, T, TXN

    The going has been tough for Analog Devices (NASDAQ: ADI) this year as the recovery it had hoped for seems to be happening very slowly. The company, which provides analog, mixed-signal, and digital signal processing integrated circuits to various end-markets such as industrial, automotive, communications etc., has disappointed investors with a modest return of around 8% through stock price appreciation.

    This is not surprising when you consider that Analog has more »

  • Why Buying This Company’s Peers Makes More Sense

    By Harsh Chauhan - May 24, 2013 | Tickers: AAP, AZO, ORLY | Editor's Choice

    The U.S. auto industry has done pretty well so far this year. Sales of new cars have gained strength, although there was a temporary slip in April when sales slowed down a bit, but they were still strong nevertheless. However, shares of aftermarket retailers have done tremendously well even though new car sales might be picking up, with Advance Auto Parts (NYSE: AAP), AutoZone (NYSE: AZO), and O'Reilly more »

  • An Opportunity May Arise if This Stock Crashes Post Earnings

    By Harsh Chauhan - May 21, 2013 | Tickers: MRVL, QCOM

    Editor's Note: The initial version incorrectly referred to Eagle Asset Management as a hedge fund, actually it is the asset management arm of Raymond James Financial. This version has been updated and Motley Fool apologizes for the error.

    Chipmaker Marvell Technology (NASDAQ: MRVL) is on a roll this year with the stock gaining close to 60%. This performance is remarkable when we consider that the stock had crashed close more »

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