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Mellanox Technologies, Ltd. (MLNX) [hlAlert]

down 25.91 %

Mellanox Technologies, Ltd. (MLNX) rated Buy with price target $90 by Wunderlich

Posted on: Thursday,  Jan 3, 2013  11:25 AM ET by Wunderlich

Wunderlich rated Buy Mellanox Technologies, Ltd. (NASDAQ: MLNX) on 01/03/2013. Previously Wunderlich rated Buy Mellanox Technologies, Ltd. (NASDAQ: MLNX) on 04/19/2012.,
when the stock price was $56.30. Since then, Mellanox Technologies, Ltd. has lost 25.91% as of 01/28/2016's recent price of $41.71.
If you would have followed the previous Wunderlich's recommendation on MLNX, you would have lost 25.91% of your investment in 1379 days.

Mellanox Technologies, Ltd. is a supplier of semiconductor-based, high-performance interconnect products that facilitate data transmission between servers, communications infrastructure equipment and storage systems. The Company's products are part of a solution focused on computing, storage and communication applications used in enterprise data centers, high-performance computing and embedded systems. The Company provides solutions, which are based on and meet the specifications of the InfiniBand standard in addition to products that also support the Ethernet standard. The Company's InfiniBand products include adapter integrated circuits (ICs) and cards (InfiniHost product family) and switch ICs (InfiniScale product family). Its adapter and cards (ConnectX product family) also support the Ethernet interconnect standard in addition to InfiniBand.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/3/2013 11:25 AM Buy
53.15 90.00
as of 12/13/2013
1 Week down  -5.49 %
1 Month up  4.90 %
3 Months down  -2.39 %
1 YTD down  -37.67 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2012 8:25 AM Buy
90.63 150.00
6/20/2012 8:25 AM Buy
72.79 85.00
4/19/2012 8:25 AM Buy
56.30 65.00
12/29/2011 8:25 AM Hold
32.40 36.00

(*) Stock Price at the time of the recommendation.
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