Hot Techies for 2013 (ALU, CSCO, MSFT)

Los Angelas, CA -- (SBWIRE) -- 01/04/2013 -- Alcatel Lucent SA (ADR) (NYSE:ALU) have been showing a nice recovery ever since the stock made a new low of $0.91 on Oct 11, 2012. To be more specific, the stock has bounced back nearly 60% in the past 3 months. The chart suggests that the momentum should be continued with higher tops and higher bottoms. The stock has re-crossed the 200-Day MA and 50day MA as well. Yesterday’s was an interesting session as the stock saw a heavy buying in afternoon session and hit 6-month high of $1.56, but closed at $1.46, up 4.30%. To get further confirmation, the stock needs to close above $1.50 and any sustainability above this level could trigger further buying action.

Where Is ALU Headed Exactly After Achieving This Milestone? Find Out Here

Cisco Systems, Inc. (NASDAQ:CSCO) was upgraded to "outperform" from "sector perform," and saw its price target lifted to $24 from $21 at RBC ahead of the opening bell. The equity has climbed a respectable 7% over the last 12 months, which could explain the bevy of short-term call activity. Schaeffer's put/call open interest ratio (SOIR) for CSCO sits at 0.54, with calls nearly doubling puts among options expiring within the next three months. This ratio ranks in the 13th percentile of its annual range, indicating near-term options players have rarely been more call-heavy toward the stock during the past 12 months.

Will New Regulations Weigh over CSCO Revenue Stream? Find Out Here

Microsoft (NASDAQ:MSFT) launched its new operating system, Windows 8, with the new Metro interface. There was mixed reception to Windows 8, but despite the flaws it sold 40 million licenses in the first month. There were a number of new features in Windows 8, such as USB 3.0 support, boot ability from removable devices, and the new Windows Store to download apps. In addition to this, Microsoft has officially entered the battle of mobile operating systems against Google, which has been reigning over the market with its Android operating system.

Is MSFT A Buy Or Sell At These Levels? Find Out Here

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