Investor Alley Inc.

Stocks Traders Should Know About: (NASDAQ: CSCO), (NASDAQ: INTC)

 

New York, NY -- (ReleaseWire) -- 01/03/2013 -- Cisco Systems Inc. (NASDAQ: CSCO), a designer, manufacturer and seller of network equipments, is marginally higher in mid-day trading today. At last check, CSCO was trading 0.27% higher at $20.40 on volume of 11.17 million, which is below the daily average volume of 38.20 million.

CSCO is gaining after RBC Capital analyst Mark Sue upgraded the stock to Outperform from Sector Perform. Sue also raised his price target on CSCO from $21 to $24.

CSCO has had an excellent run in the last two months. The stock saw a brief pullback couple of weeks ago after hitting $20.50 resistance level. However, it has recovered this week and is now approaching $20.50 level again. If CSCO breaks through this level then the upward trend will continue.

Find out if CSCO could pick up more steam in the very short term by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=CSCO

Intel Corporation (NASDAQ: INTC), a designer and manufacturer of integrated digital technology platforms, is lower in mid-day trading today, reversing some of the gains from earlier in the week. INTC had rallied in the last two trading sessions, tracking gains in the broad market.

INTC is currently trading 1.03% lower at $21.16 on volume of 11.58 million, which is nearly a quarter of the daily average volume of 47.58 million. Despite the losses, INTC is still up more than 4% in the last three trading sessions. INTC has support at around $21. If the stock falls below this level then the next support level is at $20.50.

Find out when INTC could bounce back and how traders should react to it by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=INTC

About WallStreetScoop.net
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.

WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.

Simply sign up for free and start receiving exclusive alerts.

Subscribe Here: http://www.WallStreetScoop.net

Disclosure: WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.

Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.

Contact Info:
Thomas Greene
Wall Street Scoop
info@wallstreetscoop.net
347-905-5009