OCZ Technology Group, Inc.
The unprecedented rise in the stock market is making it difficult for investors to differentiate between good companies and good investments. In the technology sector, stocks tend to be a leading indicator on economic health. The Nasdaq index is up 5.74% year-to-date, as measured by the PowerShares QQQ ETF. By contrast, the broader S&P 500 index is up 9.81% in 2013, appearing to outperform the technology sector more »
Intel (NASDAQ: INTC) has been receiving a lot of attention lately, mainly due to its strong ultra-book sales and its upcoming Haswell series. Analysts at Lazard recently upgraded Intel citing that ultrabook sales will further increase in 2013, which will further drive up Intel’s revenue from its mobile processors. But Intel is not my stock pick. Ultrabooks come equipped with Solid State Drives (SSD), and strong ultrabook sales present more »
Between Nov. 30 and Dec. 14, short-selling volumes increased for a range of companies in various sectors. In the volatile pharmaceutical and biotech sector, companies like Amarin and Dendreon experienced a 15% increase in short-selling. In the technology sector, bearishness increased for OCZ Technology (NASDAQ: OCZ) and Sirius XM Radio (NASDAQ: SIRI) each by 9%. Investors were also more bearish on Brocade Communications (NASDAQ: BRCD). In this article, four technology more »
Seagate Technology (NASDAQ: STX) was one of the technology winners this week, after the shares of the company surged by $2.49 to $28.95 per share from $26.46 per share over the last five days from December 4-10. The stock price of the company already rose by $1.36 per share a week earlier.
Seagate Technology is the world’s leading manufacturer of electronic data storage products including more »
After months of consistent loss, three of the most tracked computer storage device stocks moved higher by a significant margin. Some investors are now wondering what’s moving these stocks, and if it’s time to buy?
Although each of the three companies trade in more »
With weak PC sales guidance from Intel, Hewlett Packard, and virtually every company that has a good grasp on the health of the industry, we have seen weakness in computer storage device companies. This industry consists of companies presenting deep value, and should become great investments over the long-term. With that being said I am looking at three companies, one solid state disk (SSD) company and two hard disk drive more »
Whenever I went into the store to buy an ultrabook, the high prices always scared me away. This week I purchased an HP ultrabook that cost me around $900, and while some may say that this isn’t cheap, I’d say it’s cheap on a comparative basis. Solid state drives (SSDs) play a major role in making these machines lighter, more energy efficient, and give them nearly 44 more »
OCZ Technology(NASDAQ: OCZ) is worth around 400 million to 500 million in an acquisition, really depending on the value of it's Indilinx subsidiary. On its own, however, it's worth a heck of a lot less.
For an investor, valuation is all-important. The price you buy is the permanent determining factor in your future investment returns, so it's important to make sure you're getting a deal more »
Micron Technology (NASDAQ: MU) has been trying to effect a turnaround for some time but its efforts aren’t bearing much fruit. A mix of low pricing and falling demand pushed Micron deeper into the red in its recently-reported fourth quarter, and it failed to match consensus estimates.
On one hand, the company was expecting that its DRAM business will be back on its feet, driven by improved more »
Where are the bargains in a multi-billion dollar industry that has had decades to develop? Data storage is seeing renewed interest as the digital age zips forward and cloud computing becomes the foundation of the Escher house the Web is building. There are definitely cheap data storage stocks out there -- but are the businesses behind them primed to grow, or is it smoke and shadows?
Back in June, I took a look at a seemingly magnificent growth stock opportunity. In my article The Cheapest Growth Stock I had ever seen, I said OCZ Technology Corporation (NASDAQ: OCZ), I said that OCZ Technology Corporation was my favorite growth stock because of 4 major factors. First, it was in a stellar growth industry: solid state memory. Second, the company had a quality management and was making some more »
Chipmaker Micron Technology (NASDAQ: MU) has had a wild ride this year. The stock kicked off 2012 on a decent note, but has been beaten down almost 25% over the last six months. The company’s performance has been handicapped by weak pricing of dynamic random access memory (DRAM) and NAND products. An oversupply in the industry has pinched Micron hard, leading it to post losses for four consecutive quarters more »
I have been an OCZ Technology (NASDAQ: OCZ) bull for some time now. The reason – the company plies its trade in the fast growing solid-state drive (SSD) industry and has seen its business zoom towards the sky over the past couple of years. Apart from this, I really like the way OCZ had been improving its cost structure and expanding its gross margin as you can see in the graph more »
The first thing that comes to my mind when I go to purchase any electronic gadget is, how many months before it becomes outdated. That’s the same business practice that perhaps, most businesses earn their revenues from. I purchased a laptop nearly a year ago, thinking that this choice might just turn out to be future proof. Yet here I am looking at the new range of ultrabooks, which more »
Shares of OCZ Technology Group Inc. (NASDAQ: OCZ) have fluctuated more than John Kerry in the 2004 election over the past few weeks. Prior to releasing its earnings, shares of OCZ quickly climbed up on expectations its earnings would beat.
OCZ's earnings weren't so great. Analysts called for EPS to come in at a loss of $.12. It didn't, it came in much more »
Recently, OCZ Technology Corporation(NASDAQ: OCZ) was down 40% from pre-market highs. OCZ shareholders have had an absolutely crazy time recently. After hitting lows in June of 4.2, news started hitting the scene. First, OCZ started securing contracts. Announcements came out about contracts with Dynamite Data and Microsoft(NASDAQ: MSFT) and the stock flew as investors presumably expected something big in the earnings announcement.
If you were planning on more »
When I look at Seagate Technology (NASDAQ: STX) and Western Digital (NASDAQ: WDC) together, I am reminded of The Dark Knight Rises (yeah, I went for the last movie of the Trilogy last week). To understand why, let’s go back one quarter.
The movie begins
OCZ Technology Group (NASDAQ: OCZ), whose products mainly include solid-state drives (SSDs), came out with a wider than expected fiscal first quarter loss, even though it did report a robust growth in revenue. Since then, Wall Street gave a severe pounding to the stock price. So is Wall Street’s reaction to OCZ’s performance justified?
Well, let’s take a brief look at what OCZ produced in its first more »
OCZ Technology (NASDAQ: OCZ) has been virtually hammered into the ground after a gaping miss in the first quarter. The company clocked revenue of $113.6 million along with a loss of 17 cents, thereby failing to meet Mr. Market’s top and bottom line expectations of $115.7 million and 12 cents loss, respectively.
An upbeat outlook for the ongoing quarter and the fiscal year couldn’t save OCZ more »
The investing world is full of surprises. One day a stock is down 20% on an earnings conference call, the next day the stock is up 30% on news of a new contract agreement. While the average investor would look at all of this volatility as risk, an opportunist should use volatility as a time to buy. In fact, in these markets, there are five companies in particular that I more »
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