Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Green Business
Legal
Deals
Earnings
Summits
Business Video
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
Afghan Journal
Africa Journal
India Insight
Global News Journal
Pakistan: Now or Never?
World Video
Politics
Politics Home
Front Row Washington
Politics Video
Technology
Technology Home
MediaFile
Science
Tech Video
Opinion
Opinion Home
Chrystia Freeland
Felix Salmon
Jack Shafer
Breakingviews
David Rohde
Bernd Debusmann
Gregg Easterbrook
Nader Mousavizadeh
James Saft
David Cay Johnston
Edward Hadas
Christopher Whalen
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
The Great Debate
Unstructured Finance
Newsmaker
Money
Money Home
Analyst Research
Global Investing
MuniLand
Reuters Money
John Wasik
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Life & Culture
Health
Sports
Arts
Faithworld
Business Traveler
Left Field
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Article
Comments (2)
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Fraud case leaves California Democrats scrambling
22 Oct 2011
Strong earthquake hits Turkey, up to 1,000 feared killed
|
4:48pm EDT
U.S. rating likely to be downgraded again: Merrill
3:20pm EDT
Sarkozy backs down on ECB crisis role
|
5:03pm EDT
Clues to Gaddafi's death concealed from public view
6:06am EDT
Discussed
157
Gaddafi captured as he fled Sirte: NTC official
123
Strike shuts down Greece before austerity vote
102
Obama jobs roadshow seeks to tap anti-Wall St anger
Watched
Graphic video shows Gaddafi alive, manhandled before death
Thu, Oct 20 2011
GADDAFI'S BODY: Video of ex-Libya leader's corpse
Wed, Oct 19 2011
Gaddafi's body lies in Misrata market cooler
Fri, Oct 21 2011
Apple stock to jump 25 percent over next year: Barron's
Tweet
Share this
Email
Print
Related News
Morgan Stanley profit surprises amid market stress
Wed, Oct 19 2011
Apple blames iPhone rumors for disappointing results
Tue, Oct 18 2011
Analysis & Opinion
Time ripe for a new nifty fifty
Cisco stops descent, stuck in purgatory for now
Related Topics
Technology »
Hot Stocks »
Asian Markets »
Media »
The face of Apple co-founder and former CEO Steve Jobs is created in adhesive notes on the window of an apple store in Munich October 17, 2011.
Credit: Reuters/Michaela Rehle
Sun Oct 23, 2011 1:36pm EDT
(Reuters) - Shares of a handful of large tech companies including Apple Inc, Oracle Corp and eBay Inc are likely to increase by more than 20 percent over the next year, according to Barron's.
The financial publication listed 10 tech stocks as its top picks in its weekly edition on Sunday.
The No. 1 pick for 2012 is data-storage company Fusion-io Inc, which Barron's highlighted as a possible takeover target. The paper placed a $52 price target on Fusion-io over the next year, indicating the stock will more than double.
Barron's also said some larger technology names are primed for sharp increases.
Although Apple's earnings disappointed investors last week, Barron's said the stock could rise 25 percent over the next year.
Apple shares on Friday closed at $392.87.
Barron's cited a likelihood for market-share gains and increased sales of Apple's latest iPhone model, as well as the potential for share buybacks or a dividend under new Chief Executive Tim Cook.
Apple rounded out the Barron's list at No. 10.
The paper also predicted that Oracle shares would rise 25 percent to $40 over the next year on steady revenue gains, and that eBay shares will rise 24 percent, to $40, because investors are underestimating revenue growth from its non-auction businesses. Oracle came in at No. 2 on its top 10 list and eBay was No. 8.
Hewlett Packard also received a bullish prediction from Barron's, which estimates that its stock will rise 21 percent, to $30, over the next six months, purely on valuation.
"Whatever your opinion of new CEO Meg Whitman, the price looks too extreme," said Barron's, which put H-P as its No. 7 pick.
Rounding out the paper's list were Tibco Software, with a 12-month price target of $35; Electronic Arts Inc, with a two-year target of $40; Nuance Communications, with a 12-month price target of $30; Ancestry.com, with an 18-month price target of $44; and Fortinet Inc, with a three-year price target of $25.65.
(Reporting by Lauren Tara LaCapra in New York; Editing by Leslie Adler)
Technology
Hot Stocks
Asian Markets
Media
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (2)
LaughingBoy48 wrote:
If Apple shares rise 25% then Amazon’s shares will rise 50%. Apple stock is probably one of the most manipulated stocks on the planet. I doubt that any share rise in Apple can be counted on. I’ve heard people say that even if Apple increased its revenue much more, the stock would barely rise and the P/E would just be compressed further because of the type of company it is. Apple’s P/E will never return to earlier levels no matter how much money the company makes.
No one can even count on Apple actually making some large acquisition to quickly increase the value of the company. Microsoft and Google will be making all the acquisition moves because they’re always looking to make big leaps the way Wall Street likes them. Quick money is the way Wall Street likes to play it. With Apple, it’ll be slow going as they try to do everything themselves. Apple appears to be a very frugal company considering how much money they’re accumulating.
Oct 23, 2011 3:24pm EDT -- Report as abuse
LaughingBoy48 wrote:
If Apple shares rise 25% then Amazon’s shares will rise 50%. Apple stock is probably one of the most manipulated stocks on the planet. I doubt that any share rise in Apple can be counted on. I’ve heard people say that even if Apple increased its revenue much more, the stock would barely rise and the P/E would just be compressed further because of the type of company it is. Apple’s P/E will never return to earlier levels no matter how much money the company makes.
No one can even count on Apple actually making some large acquisition to quickly increase the value of the company. Microsoft and Google will be making all the acquisition moves because they’re always looking to make big leaps the way Wall Street likes them. Quick money is the way Wall Street likes to play it. With Apple, it’ll be slow going as they try to do everything themselves. Apple appears to be a very frugal company considering how much money they’re accumulating.
Oct 23, 2011 3:24pm EDT -- Report as abuse
See All Comments »
Add Your Comment
Social Stream (What's this?)
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Contact Us
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.