9. Visa ( V) Company Profile: Visa is the global credit card company. 2011 Return: 38% Market Cap: $51 billion Potential Upside: 13% to $110 8. NCR Corp. ( NCR) Company Profile: NCR is the largest global vendor of ATMs and also sells point-of-sale terminals and self-service check-out systems. 2011 Return: 11% to $20 Market Cap: $2.7 billion Potential Upside: 17% to $20 7. Qualcomm ( QCOM) Company Profile: Qualcomm makes digital wireless telecommunications products and services based on its proprietary CDMA technology. Its products are an integral part of most mobile devices. 2011 Return: 11.5% Market Cap: $93 billion Potential Upside: 17.8% to $65 6. Synchronos Technologies ( SNCR) Company Profile: Synchronos provides transaction-management services to communications service providers. Its ConvergenceNow platform is used by most large U.S. wireless, wireline, cable, and VoIP providers to bill orders. 2011 Return: 15% Market Cap: $1.2 billion Potential Upside: 20% to $37 5. Oracle ( ORCL) Company Profile: Oracle sells a wide range of business IT hardware and software, including databases, applications and hardware. Software licensing updates and product support account for about 42% of total revenue. 2011 Return: 1.3% Market Cap: $160 billion Potential Upside: 23% to $39 4. EMC ( EMC) Company Profile: EMC is a provider of hardware, software and services for enterprise network storage, that is increasingly focused on its software and services segments. 2011 Return: 2.8% Market Cap: $48 billion Potential Upside: 23% to $29
Aeroflex (ARX) surged more than 25% to a one-year high of $10.47 on Tuesday after British aerospace and defense supplier Cobham announced it would purchase the U.S. communications equipment manufacturer for $920 million.
Acquisitive U.K. aerospace company Cobham on Tuesday agreed to buy Plainview, N.Y-based Aeroflex Holding for $1.5 billion in cash and debt to further expand its communications business and offer new markets for the target's products.
Shares of Aeroflex Holding (ARX) are up over 24% in pre-market trade after it was announced that the wireless communications firm entered into a merger agreement with U.K.-listed Cobham in a deal valued at $920 million.