Jon Najarian, told Yahoo Finance`s Tech Ticker that he is bullish on Dell (DELL) and looking to buy that stock on the dip:
"He's also looking to buy Dell on its post earnings dip. Besides the tight margins, Najarian was encouraged by the computer maker's results, noting sales beat forecasts by a billion dollars. "I like the opportunity to get in on a fire sale and I believe that's what’s happening here." He's looking to initiate a position between $12.75 and $13.00 a share."
Najarian also commented other tech names, and while is is bullish on Broadcom (BRCM) and Marvell Technology Group Ltd. (NASDAQ:MRVL) and a bit skeptical on Apple (AAPL):
"Najarian owns and is bullish on Broadcom Corporation (NASDAQ:BRCM) and Marvell Technology Group Ltd. (NASDAQ:MRVL); two companies he thinks will show growth from Apple's iPad and the competing tablets to follow. Najarian likes the prospects for Apple (AAPL), but thinks the stock "has certainly peaked for the time being." Najarian says the stock is range-bound between 185 and 210 dollars a share until March when they start selling the iPad. For now, he still owns the stock but is "an aggressive seller of calls" ahead of the big product launch."
Jon Najarian is the co-founder of tradeMONSTER.com.
No comments:
Post a Comment