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3) EMC Corp. (EMC) has big data/analytic systems that is a segment that will continue to grow. Analysts decreased their target price by 1.94%. They could have been influenced by VMWare (VMW) earnings that missed forecasts. EMC and VMWare are spinning off the “Pivotal Initiative.” This unit provides everything from cloud development to big data projects, a sector within the technology space that is growing. 4) Apple (APPL) targets were reduced by 1.91%. Shares rebounded over 9% from a 52-week low, trading recently at around $475. Apple has a very healthy business, but reported lower margins last quarter. This is expected, because iPhone 5 and iPad Mini units are ramping up. Over time, margins should improve and excitement for product refreshes by late-2013 should ensure Apple shares will rise. 5) Broadcom (BRCM) is continuing its innovation in mobile chips. A Wi-fi/Bluetooth chip could be used by Samsung in the Galaxy S refresh. When the S4 is released, it will have a Qualcomm ( QCOM) processor, along with Broadcom’s chips. In its last quarter, Broadcom earned $0.76 per share on revenue of $2.08 billion. The company forecast gross margins to be unchanged to down 50 basis points (quarter over quarter).
List compiled by Kapitall contributor Chris Lau