1. Brocade Communications Systems, Inc. ( BRCD ): Supplies networking equipment comprising end-to-end Internet protocol based Ethernet and storage area networking solutions. Market cap at $2.55B, most recent closing price at $5.60. The February $6 call options had an implied volatility of 43.6%. Volatility rose for Broadcade after OCZ Technology (OCZ) provided weak guidance. In early-January, Mellanox (MLNX) warned markets that its quarterly results would be weak. Brocade also named a new CEO. Lloyd Carney comes from Xsigo Systems, a company acquired by Oracle. Brocade also won an injunction against A10 Networks, a private company. Brocade won $112 M from A10 last summer.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.2. Thomson Reuters Corporation ( TRI): Provides intelligent information for businesses and professionals in the financial, legal, tax and accounting, healthcare, science, and media markets worldwide. Market cap at $25.58B, most recent closing price at $30.93. A Libor overhaul threatens to remove Thomson Reuters as administrator of Libor. Shares have performed poorly since 2008, when Thomson and Reuters merged.
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