Beacon Equity Research announces the release of Trade Alerts covering tech stocks: Autodesk (Nasdaq: ADSK), Microsoft Inc. (Nasdaq: MSFT), Parametric Technology Corp. (Nasdaq: PMTC), Cadence Design Systems Inc. (Nasdaq: CDNS), VMware Inc. (NYSE: VMW) and MSC Software Corp. (Nasdaq: MSCS).
In the Trade Alert, the author highlights Autodesk launching its new network AutoCAD Exchange:
“Autodesk Inc (Nasdaq: ADSK) slipped .06% in today’s early trading session, moving to $16.81. Autodesk Inc. is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. The company announced yesterday its new network called AutoCAD Exchange. … The network allows AutoCAD users to connect and learn from expert AutoCAD users, offers feedback to developers, and provides AutoCAD tools to help the community with its projects. The Exchange also offers original multimedia content, including the popular and entertaining video series about “working for the man.” e-Learning tools and CAD information is provided, with many links to other Web-based resources available on the site. Members can create their own personal page with personal information about themselves and project information for others to offer tips, scripts, applications and experiences to members of the global community.”
The Trade Alert author also featured Microsoft's analyst upgrade:
“Analysts at Davenport Securities upgraded Microsoft shares, fueling a second day of gains. Microsoft shares rose 1.80% this morning, trading at $18.70. The upgrade of Microsoft from a Hold to a Buy comes with the expectation by the brokerage firm that MSFT will experience higher sales volume from the United States, Japan and China. With the 52-week range for the stock at a low of $14.87 to a high of $32.10, the stock has found support at approximately $17 and strong resistance at $17.99. S&P rates MSFT 3-stars, a Neutral or Hold rating. … Microsoft provides software products for computing devices worldwide. Its Client segment offers Windows product family that comprises Windows Vista; Windows XP Professional and Home; Media Center Edition; Tablet PC Edition; and other Windows operating systems. The company's Server and Tools segment provides integrated server infrastructure and middleware software that support software applications and tools built on the Windows Server operating system.”
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