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Chun Bong Lai
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Manager @ Trade ETF Funds. Manager @ Math365 Learning. MS Finance. MBA Candidate. + loves to trade stocks + loves to travel + loves to take pictures + loves to teach + loves symbols + loves Lady Gaga FB me: fb.com/loololool Like Math365 Learning: fb.com/math365learning Follow Math365 Learning:... More
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  • Notable Stock Picks [Thursday April 14 2011] 0 comments
    Apr 14, 2011 2:51 AM | about stocks: CHKP, GOOG, PGR, HAS, IGTE
    1. Check Point Software Technologies Ltd. (Nasdaq: CHKP)
     
    Years founded: 1993
    Estimated number of employees: 2,200
     
    CHKP provides IT security solutions globally (mostly firewall and VPN products). It markets and supports software and hardware with their network security, endpoint security, data security, and security management.
     
    Competitors:
    1. Cisco Systems, Inc. (Nasdaq: CSCO)
    2. Fortinet, Inc. (Nasdaq: FINT)
    3. Juniper Networks, Inc. (NYSE: JNPR)
     
    Ratings:
    Zacks: 3 (hold)
    Yahoo Finance Analyst Opinion: 2.2 (Strong buy 1.0 – 5.0 Sell)
     
    Price Targets:
    Mean Target:
    52.61
    Median Target:
    52.00
    High Target:
    60.00
    Low Target:
    47.00
    No. of Brokers:
    18
     
    Upgrades and Downgrades:
    Date
    Research Firm
    Action
    From
    To
    Jan 6, 2011
    Macquarie
    Downgrade
    Outperform
    Neutral
    Dec 17, 2010
    Wunderlich
    Initiated
    Hold
    Oct 27, 2010
    HSBC Securities
    Upgrade
    Neutral
    Overweight
    Oct 7, 2010
    UBS
    Initiated
    Buy
    Aug 20, 2010
    Standpoint Research
    Downgrade
    Buy
    Hold
    Apr 26, 2010
    FBR Capital
    Upgrade
    Mkt Perform
    Outperform
    Feb 17, 2010
    Citigroup
    Initiated
    Buy
    Jan 29, 2010
    Stifel Nicolaus
    Downgrade
    Buy
    Hold
    Oct 2, 2009
    Bernstein
    Initiated
    Outperform
    Sep 18, 2009
    William Blair
    Initiated
    Mkt Perform
     
    Chart:
    From Prophet Chart (CHKP)
     
    This is a 5-year chart for CHKP. Consolidation and accumulation, the stock breaks at 25 and rises ever since. Right now, at almost 52, it is too high to buy. You should wait until it falls to around 43 and long this stock. You want to get into this uptrend.
     
    CHKP website: www.checkpoint.com
     
     
    2. Google Inc. (Nasdaq: GOOG)
     
    Years founded: 1998
    Estimated number of employees: 24,400
     
    GOOG is a multinational public corporation known for its Internet search, cloud computing, and other advertising technologies. Google.com is the most visited website. Its products and services include Android OS development, YouTube, Blogger, etc.
     
    Competitors:
    1. AOL Inc. (NYSE: AOL)
    2. Yahoo! Inc. (Nasdaq: YHOO)
    3. Baidu, Inc. (Nasdaq: BIDU)
     
    Rankings:
    Zacks: 3 (hold)
    Yahoo Finance Analyst Opinion: 1.8 (Strong buy 1.0 – 5.0 Sell)
     
    Price Targets:
    Mean Target:
    724.09
    Median Target:
    750.00
    High Target:
    800.00
    Low Target:
    519.00
    No. of Brokers:
    31
     
    Upgrades and Downgrades:
    Date
    Research Firm
    Action
    From
    To
    Jan 19, 2011
    ISI Group
    Initiated
    Hold
    Jan 5, 2011
    Canaccord Genuity
    Initiated
    Buy
    Dec 13, 2010
    Wedbush
    Upgrade
    Neutral
    Outperform
    Oct 15, 2010
    Caris & Company
    Upgrade
    Average
    Buy
    Oct 12, 2010
    Wedbush
    Upgrade
    Underperform
    Neutral
    Aug 17, 2010
    Wedbush
    Initiated
    Underperform
    May 21, 2010
    MKM Partners
    Upgrade
    Neutral
    Buy
    May 14, 2010
    Caris & Company
    Initiated
    Average
    Feb 25, 2010
    MKM Partners
    Initiated
    Neutral
    Jan 22, 2010
    Collins Stewart
    Downgrade
    Buy
    Hold
     
    Chart:
    From Prophet Chart (GOOG)
     
    This is a 5-year chart. It is still in the uptrend channel. If it breaks below 550, then sell it. If it breaks above 600, then buy it and hold until above 700.
     
    GOOG website: www.google.com
     
     
    3. Hasbro Inc. (Nasdaq: HAS)
     
    Years founded: 1923
    Estimated number of employees: 5,800
     
    HAS is a leader in children’s and family entertainment products and services. It designs, manufactures, and markets the games and toys globally.
     
    Competitors:
    1. JAKKS Pacific, Inc. (Nasdaq: JAKK)
    2. Mattel, Inc. (Nasdaq: MAT)
     
    Rankings:
    Zacks: 3 (hold)
    Yahoo Finance Analyst Opinion: 2.1 (Strong buy 1.0 – 5.0 Sell)
     
    Price Targets:
    Mean Target:
    51.14
    Median Target:
    54.00
    High Target:
    59.00
    Low Target:
    40.00
    No. of Brokers:
    14
     
    Upgrades and Downgrades:
    Date
    Research Firm
    Action
    From
    To
    Dec 15, 2010
    MKM Partners
    Initiated
    Buy
    Mar 15, 2010
    Needham
    Downgrade
    Strong Buy
    Buy
    Jan 8, 2010
    Wedbush Morgan
    Upgrade
    Neutral
    Outperform
    Dec 21, 2009
    BMO Capital Markets
    Upgrade
    Underperform
    Market Perform
    Nov 9, 2009
    Stifel Nicolaus
    Upgrade
    Hold
    Buy
    Jun 16, 2009
    KeyBanc Capital Mkts
    Initiated
    Buy
    May 22, 2009
    Morgan Joseph
    Upgrade
    Hold
    Buy
    Apr 21, 2009
    Morgan Joseph
    Downgrade
    Buy
    Hold
    Feb 19, 2009
    Morgan Joseph
    Initiated
    Buy
    Dec 22, 2008
    JP Morgan
    Initiated
    Neutral
     
    Chart:
    From Prophet Chart (HAS)
     
    This is a 5-year chart. It is still within the channel. I would buy at 39. The lowest it can get is 32. The highest it can get is around 52.
     
    HAS website: www.hasbro.com
     
     
    4. iGATE Corporation (Nasdaq: IGTE)
     
    Years founded: 1996
    Estimated number of employees: 8,338
     
    IGTE is an information technology firm that specializes in business data processing. It offers various Information Technology solutions to businesses.
     
    Competitors:
    1. Infosys Technologies Limited (Nasdaq: INFY)
     
    Rankings:
    Zacks: 4 (sell)
    Yahoo Finance Analyst Opinion: 2.0 (Strong buy 1.0 – 5.0 sell)
     
    Price Targets:
    Mean Target:
    22.75
    Median Target:
    23.00
    High Target:
    25.00
    Low Target:
    20.00
    No. of Brokers:
    4
     
    Upgrades and Downgrades:
    te
    Research Firm
    Action
    From
    To
    Apr 13, 2011
    Kaufman Bros
    Initiated
    Buy
    Dec 21, 2010
    Oppenheimer
    Initiated
    Outperform
    May 3, 2010
    Jefferies
    Initiated
    Buy
    Jan 28, 2010
    Global Hunter Securities
    Initiated
    Buy
    Jul 22, 2009
    Needham
    Upgrade
    Hold
    Buy
    Oct 13, 2008
    Roth Capital
    Upgrade
    Hold
    Buy
    Sep 10, 2008
    Roth Capital
    Downgrade
    Buy
    Hold
    Aug 12, 2008
    Needham
    Downgrade
    Buy
    Hold
    Nov 20, 2007
    Roth Capital
    Upgrade
    Hold
    Buy
    Oct 25, 2007
    Roth Capital
    Downgrade
    Buy
    Hold
     
    Chart:
    From Prophet Chart (IGTE)
     
    This is a 2-year chart. It breaks the uptrend channel at 20. It drops back to 15 and rallies up now. I might consider buy this again at 15 if there is a chance later on. If it breaks 20, it can go up to 25 or above.
     
    IGTE website: www.igate.com
     
     
    5. Progressive Corporation (NYSE: PGR)
     
    Years founded: 1937
    Estimated number of employees: 24,638
     
    PGR provides auto insurance and other specialty property-casualty insurance in the United States.
     
    Competitors:
    1. Allstate Corporation (NYSE: ALL)
     
    Rankings:
    Zacks: 3 (hold)
    Yahoo Finance Analyst Opinion: 2.3 (Strong buy 1.0 – 5.0 Sell)
     
    Price Targets:
    Mean Target:
    22.82
    Median Target:
    23.00
    High Target:
    26.00
    Low Target:
    20.00
    No. of Brokers:
    17
     
    Upgrades and Downgrades:
    Date
    Research Firm
    Action
    From
    To
    Oct 13, 2010
    RBC Capital Mkts
    Initiated
    Outperform
    Apr 15, 2010
    Credit Suisse
    Upgrade
    Underperform
    Neutral
    Mar 29, 2010
    Oppenheimer
    Upgrade
    Underperform
    Perform
    Mar 26, 2010
    FBR Capital
    Upgrade
    Mkt Perform
    Outperform
    Mar 26, 2010
    JP Morgan
    Upgrade
    Underweight
    Neutral
    Mar 25, 2010
    Janney Mntgmy Scott
    Upgrade
    Neutral
    Buy
    Mar 9, 2010
    Citigroup
    Initiated
    Hold
    Jun 22, 2009
    FBR Capital
    Downgrade
    Outperform
    Mkt Perform
    Apr 16, 2009
    Argus
    Upgrade
    Hold
    Buy
    Mar 27, 2009
    Piper Jaffray
    Initiated
    Neutral
     
    Chart:
    From Prophet Chart (PGR)
     
    This is the 10-year chart. Honestly, right now, it is very good to buy this stock. It can go up to 25. BUY NOW!
     
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