Matthews International ( MATW) is a designer, manufacturer and marketer principally of memorialization products and brand solutions. This stock is trading up 1% at $34.61 in recent trading.
Today's Volume: 126,000
Average Volume: 94,276
Volume % Change: 154%
Average Volume: 7.49 million
Volume % Change: 147% >>4 Tech Stocks Under $10 Ripping Higher Shares of BRCM are soaring higher today after RW Baird said the company reported significant first-quarter growth, but it does not believe it is fully reflected in its valuation. The firm expects growth to continue driven by a looming set top box upgrade cycle, a new product cycle in 3G, and its leadership in connectivity market shares. RW Baird has an outperform rating on the stock and it raised its price target to $40 from $38. From a technical perspective, BRCM is gapping sharply higher here back above both its 200-day at $33.48 and its 50-day at $33.97 with above-average volume. This move is quickly pushing shares of BRCM within range of triggering a major breakout trade. That trade will hit if BRCM manages to take out some near-term overhead resistance levels at $35.32 to $35.38 with high volume.