Trending Alert: 4 Tech Companies Are Trending (Open Now)

Names inside If you cannot see this email properly, please click [here]( Powered by [techstockmovers.com]( Dear Reader, Below is a list of 4 tech stocks that have appear to be trending by receiving buy ratings and showing positive investor sentiment, as well as news headlines. With that said, our editors are adding them to our watchlist to see if the momentum continues. --------------------------------------------------------------- Sponsor [What Happened to New Gold Discoveries?]( [See why savvy investors are looking at U.S. gold projects right now.]( --------------------------------------------------------------- [8X8, EGHT]( Summary: 8x8, Inc. is the provider of the world's first Communications Cloud that combines unified communications, team collaboration interoperability, contact center and real-time analytics in a single open platform that integrates across clouds, applications and devices, eliminating information silos to expose vital, real-time intelligence. 8x8, Inc. reduces complexity, cost, improve individual, team productivity, performance, and enhance the overall customer experience. 8x8 ensures high reliability and business continuity by delivering its cloud-based communications through the use of secure, fully redundant data centers. 8x8 communications are designed with built-in redundancy and no single point of failure. This highly secure, top-tier data centers are located in geographically dispersed sites across the globe. These data centers are SSAE 16 audited and provide automatic and transparent failover to prevent disruptions in service. Ryan MacWilliams analyst at Barclays reiterates coverage on [8X8 (EGHT)](in the Tech sector with a Hold rating and has set a price target of $3. [TipRanks.com]( reports that [8X8](currently has 5 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $4.10. In addition, TradingView issued a Strong sell rating for [EGHT]( over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bearish short-term outlook. [For the complete breakdown on EGHT, please click here >>]( --------------------------------------------------------------- [Maxlinear, MXL]( Summary: MaxLinear is a provider of radio-frequency analog and mixed signal semiconductor SoC solutions for broadband communication applications offering small silicon die-size, and low power consumption. The Company's RF receiver products capture and process digital and analog broadband signals to be decoded for various applications. These products include both RF receivers and RF receiver systems-on-chip (SoCs), which incorporate the Company's integrated radio system architecture and the functionality necessary to demodulate broadband signals. MaxLinear's current products enable the display of broadband video in a wide range of electronic devices, including cable and terrestrial set top boxes, digital televisions, mobile handsets, personal computers, netbooks, and in-vehicle entertainment devices. MaxLinear is based in Carlsbad, California. Quinn Bolton analyst at Needham reiterates coverage on [Maxlinear (MXL)](in the Tech sector with a Buy rating and has set a price target of $25. [TipRanks.com]( reports that [Maxlinear](currently has 5 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target is $22.80. In addition, TradingView issued a Strong sell rating for [MXL]( over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bearish short-term outlook. [For the complete breakdown on MXL, please click here >>]( --------------------------------------------------------------- Sponsor [The Gold Dilemma Nobody Told You About]( flock to gold during times of uncertainty, instability, and geopolitical crisis. We saw this with the COVID-19 pandemic, the Russia-Ukraine war, and now the Israel-Hamas conflict. While analysts are increasingly bullish on the yellow metal, new gold discoveries are urgently needed to meet the projected future demand. [Read about this potential new American gold hotspot.]( --------------------------------------------------------------- [Extreme Networks, EXTR]( Summary: Extreme Networks, Inc. is a leading provider of a next generation of switching solutions that meet the increasing needs of enterprise local area networks internet service providers and content providers. The key advantages of its Layer 3 switching solutions are increased performance, the ability to easily grow in size as customer needs change, flexible allocation of network resources, ease of use and lower cost of ownership. These advantages are obtained through the use of custom semiconductors, known as ASICs, in its products and through hardware and software designs. Dave Kang analyst at B.Riley Financial reiterates coverage on [Extreme Networks (EXTR)](in the Tech sector with a Hold rating and has set a price target of $14. [TipRanks.com]( reports that [Extreme Networks](currently has 5 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $14.90. In addition, TradingView issued a Strong sell rating for [EXTR]( over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. [For the complete breakdown on EXTR, please click here >>]( --------------------------------------------------------------- [Alphabet Class A, GOOGL]( Summary: Alphabet has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google is a monopoly with more than 94% of the online search volume and market. Over the years, the company has witnessed increase in search queries, resulting from ongoing growth in user adoption and usage, primarily on mobile devices, continued growth in advertiser activity, and improvements in ad formats. The company is gaining market share in the cloud-computing, driven by continued strength in Google Cloud Platform and Google Workspace. Alphabet also enjoys a dominant position in the autonomous vehicles market, thanks to Waymo's relentless efforts. Also, it has bolstered its footprint in the healthcare industry with its life science division, Verily. Ingo Wermann analyst at DZ BANK AG reiterates coverage on [Alphabet Class A (GOOGL)](in the Tech sector with a Buy rating and has set a price target of $170. [TipRanks.com]( reports that [Alphabet Class A](currently has 5 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $160.80. In addition, TradingView issued a Neutral rating for [GOOGL]( over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. [For the complete breakdown on GOOGL, please click here >>]( --------------------------------------------------------------- Sponsor [Billionaires Race to Invest in AI Energy Breakthrough]( Jeff Bezos and Bill Gates are investing in AI energy. This AI-created energy is being hailed as the most exciting human discovery since fire. [Here’s how to invest alongside them.]( --------------------------------------------------------------- --------------------------------------------------------------- Sponsor ["America's Icebox" to Help Solve Gold Supply Crisis?]( and Russia are the largest global gold producers. American reliance on imported minerals is at record levels, leaving us vulnerable to foreign suppliers cutting off shipments for geopolitical reasons. Experts are calling for more U.S. mining to build safe and reliable supply chains for precious and base metals. [See how investors could benefit from new Alaskan mining projects.]( --------------------------------------------------------------- Remember, securities are volatile, so please do your own research. One resource you need to consider using [Tipranks.com]( where as a premium member you get access to all buy ratings, price targets and insider trading signals. [TipRanks.com]( tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. [Get more from TipRanks.com here >>]( Thanks for reading! The Editor, [TechStockMovers.com]( --------------------------------------------------------------- Sponsor [More "Safe" Gold is Needed to Meet Growing Demand]( is an effective way to protect portfolios from the forces of war and uncertainty. But gold reserves have declined, along with a lack of new gold discoveries. To make up for growing gold demand, more new mining projects and gold discoveries are needed - particularly in safe jurisdictions such as the U.S. [See why American gold should be on every investor's radar.]( --------------------------------------------------------------- TechStockMovers.com Disclaimer This newsletter contains advertisements which are neither an offer nor recommendation to buy or sell any security. Content marked as "Ad," "Special" or "Sponsor" may be a third party advertisements where the advertiser is paying per click, per lead or per sale and are not endorsed or warranted by our staff or company. Sandpiper Marketing Group, LLC is also being compensated by Summit Publishing Group and Investing Trends up to three dollars per click and may exceed twelve thousand, five hundred dollars per week for placement of specific advertisements contained in this newsletter. 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