5 posts and columns on outperform

News Byte

Zynga Closes Slightly Higher Following Bullish Analyst Report

in Commerce on December 20, 2011 at 4:34 pm PT

Zynga inched higher today, closing up 19 cents, or 2 percent, to $9.24 a share, following a report by Wedbush’s Michael Pachter, who initiated coverage with an outperform rating and a $12.50 price target. “We believe Zynga is well-positioned for revenue growth due to its dominant market share among social game publishers,” he wrote in a note to investors. The social gaming company’s stock still has a ways to go to reach its IPO price of $10.

Mac Growth Outpaces Market for 19th Straight Quarter

in Mobile on February 17, 2011 at 4:00 am PT

The Mac has been on a growth tear for a few years now, outperforming the broader PC market in most every sector. Indeed, December 2010 marked the 19th straight quarter that it did so.
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Presto Chango: KaChing Becomes Wealthfront

in News on October 19, 2010 at 1:00 pm PT

Today, the execs at kaChing, a social investing site, are ringing the closing bell at the Nasdaq–actually, it is more of a button-pushing–to herald in a complete shift for the Palo Alto, Calif., start-up. That includes a new name for the year-old company–it is now officially called Wealthfront–which signals a focus on linking professional money managers to customers and a move away from the “American Idol” investor talent discovery approach that kaChing had been founded on.

Wait…There’s Actually a Bear Case for Apple?

in News on June 21, 2010 at 11:20 am PT

With Apple, in the words of CEO Steve Jobs, “selling an iPad every three seconds” and early demand for the company’s new iPhone 4 strong enough to red-line the company’s pre-order system, Apple shares have been trading at all time highs. The stock is clearly on a tear and will be for some time to come. But that doesn’t mean it is risk-free, says Bernstein Research analyst Toni Sacconaghi.

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Apple: BMO Capital Ups Estimates on Strong Mac Sales

in News on July 7, 2008 at 9:30 am PT

BMO Capital’s Keith Bachman this morning raised his EPS estimates for Apple’s (AAPL) September 2009 fiscal year to $6.36 from $6.21, reflecting increases in his estimates on both notebook sales and iPhones average selling prices. Bachman repeated his Outperform rating and $205 price target on the stock.