"A name I have owned in the past and am now considering again is (FFIV). They reported a nice quarter and the shares are down to $102 from a high of $117, as they too have "corrected" because of overall tech weakness, while their fundamentals are improving. I like this name now that it has come down in price, My target -- $130."
I view this as an intermediated trade for me - and a good candidate to write options if I get the expected rise in price from these levels. I added shares today @ $103.80 .
Best of Luck to all .....
Disclosure: I am long FFIV.
Additional disclosure: I am long numerous equity positions - all of which can be seen here on my instablog."It is my intention to present an introduction to this securitie and state my intent and position. It should be used as a 'Starting Point' to conduct your own Due Diligence before making any investment decision."