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Today’s Heavily Traded, Rising Tech Stocks

Recently, the prices of the following tech stocks have seen positive leaps. The ones described are stocks whose share values have changed at least 5 percent today, have been actively bought or sold by Gurus in the last six months, and see positive numbers in its returns (ROA, ROI and ROE), according to GuruFocus All-in-One Screener.



Demand Media Inc. (DMD)


Demand Media stock has been up 5.51 percent for today’s afternoon trading.

With a market cap of $717.8 million, Demand Media, under its brands, develops and monetizes in-demand content online. It operates under such online brands as eHow, Cracked, LIVESTRONG.COM, IndieClick and eNom. It currently trades at $9 per share, close to its one-year high.

Demand has an ROE and ROI of 1.8 percent, and an ROA of 1.4 percent. It experienced three Guru trades in the third quarter, as well as three Guru trades in the second quarter. Its Medium Warning sign indicates an P/E ratio close to its 10-year high.



Advanced Micro Devices Inc. (AMD)


Advanced Micro Devices stock has been up 5.03 percent for today’s afternoon trading.

With a market cap of $1.39 billion, Advanced Micro is a company that develops server computing products such as its Accelerated Processing Units (APUs), which power various devices. Despite its elevated trading today, its stock price is actually close to its 10-year low, priced at $1.99. Its highest trade price this year was about $8 in March.

In the third quarter alone, Joel Greenblatt, Paul Tudor Jones and Pioneer Investments increased their existing shares of the stock; John Burbank introduced the stock to his portfolio as a new buy. Jim Simon and Steven Cohen, on the other hand, reduced their existing shares in the third quarter, while Ray Dalio completely sold out of his AMD stake.

Advanced Micro has an ROE of 10.9 percent, an ROI of 4.6 percent and an ROA of 2.6 percent. GuruFocus gives it 1 star in Business Predictability, a 4 out of 10 in Financial Strength and a 6 out of 10 in Profitability and Growth.



Entropic Communications Inc. (ENTR)


Entropic Communications stock has been up 8.09 percent for today’s afternoon trading.

With a market cap of $422.3 million, California-based Entropic provides silicon and software solutions to enable connected home entertainment. It is currently trading at $5.08. In January last year, it traded about $13, its all-time peak price.

In the third quarter, Joel Greenblatt reduced his Entropic stake, while Jim Simons sold out. Entropic experienced four Guru trades in the second quarter.

Both the company’s ROE and ROI are 7.4 percent, and its ROA is 6.6 percent. GuruFocus categorizes Entropic under one Severe Warning sign, one Good Sign and two Medium Warning Signs.



MEMC Electronic Materials Inc. (WFR)


MEMC stock has been up 6.68 percent for today’s afternoon trading.

With a market cap of $595.5 million, MEMC develops, finances, installs and operates power plants, delivering solar energy services to its commercial, government and utility customers. Its market price is $2.96. Its peak price this year was $5 in February.

In the third quarter, Jim Simons reported the stock as a new buy, while Steven Cohen reduced the stock by 99 percent. In the second quarter, MEMC experienced four Guru trades.

MEMC has an ROE of 3.3 percent, an ROI of 0.9 percent and an ROA of 0.5 percent. GuruFocus gives it a 1-star rating in Business Predictability, a 3 out of 10 in Financial Strength and 2 out of 10 in Profitability and Growth.



Close Calls


Below are some tech stocks that also traded positively today, although not quite at 5 percent or more as the ones above, but close.

  1. Research in Motion Ltd. (RIMM) – stock is up 4.42 percent today

    Third Quarter: 12 Guru trades
  2. Hewlett-Packard Co. (HPQ) – stock is up 3.16 percent today

    Third Quarter: 17 Guru trades
  3. Aviat Networks Inc. (AVNW) – stock is up 3.82 percent today

    Third Quarter: 1 Guru trade
  4. General Communication (GNCMA) – stock is up 3.71 percent today

    Third Quarter: 4 Guru trades
  5. JDS Uniphase Corp (CA) – stock is up 4.2 percent today

    Third Quarter: 5 Guru trades
  6. Juniper Networks Inc. (JNPR) – stock is up 3.98 percent today

    Third Quarter: 2 Guru trades
  7. Rackspace Hosting Inc. (RAX) – stock is up 3.46 percent today

    Third Quarter: 5 Guru trades
  8. Kulicke & Soffa Industries Inc. (KLIC) – stock is up 4.66 percent today

    Third Quarter: 4 Guru trades
  9. Merge Healthcare (MRGE) – stock is up 4.23 percent today

    Third Quarter: 3 Guru trades


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To read more about related topics, visit the following articles and submissions on GuruFocus:

Stocks Above $500

Investors that Bought Tech Stocks Google, Intel and Apple in the Third Quarter

Tech Stocks Review and Updates

5 Tech Stocks with the Added Benefit of Dividends

Why You Shouldn’t Shun Tech Stocks

5 High Growth Tech Stocks for 2012

2 Stellar Tech Stocks Outpacing Google

About the author:

Dianne Tordillo
Dianne Tordillo is staff writer for GuruFocus.com. She reports on a variety of financial news, primarily dealing with investor portfolios and stock trades. Her articles also highlight insider trades, as well as the many useful features of GuruFocus.

Visit Dianne Tordillo's Website


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