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Enter Symbol:

up 454.98 %

CAVIUM NETWORKS INC (CAVM) rated Buy with price target $70 by Argus

Posted on: Monday,  Jan 12, 2015  8:25 AM ET by Argus

Argus rated Buy CAVIUM NETWORKS INC (NASDAQ: CAVM) on 01/12/2015. Previously Argus rated Buy CAVIUM NETWORKS INC (NASDAQ: CAVM) on 03/24/2009.,
when the stock price was $12.44. Since then, CAVIUM NETWORKS INC has gained 454.98% as of 01/28/2016's recent price of $69.04.
If you would have followed the previous Argus's recommendation on CAVM, you would have gained 454.98% of your investment in 2501 days.

Cavium Networks, Inc. is a provider of integrated semiconductor processors that enable intelligent processing for networking, communications, storage, wireless, security and video applications. Its products include a suite of embedded security protocols that enable unified threat management (UTM), secure connectivity, network perimeter protection network virtualization, broadband gateways, third generation/fourth generation (3G/4G) wireless infrastructure, storage systems, wireless high definition multimedia interface (HDMI) cable replacement and embedded video applications. Its products are systems on a chip (SoCs), which incorporate single or multiple processor cores, an integrated architecture and customizable software that is based on a range of operating systems. On August 1, 2008, it acquired Star Semiconductor Corporation. On December 23, 2008, it acquired W&W Communications, Inc.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2015 8:25 AM Buy
62.74 70.00
as of 8/27/2015
1 Week down  -0.14 %
1 Month down  -6.04 %
3 Months up  2.95 %
1 YTD up  100.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/24/2009 8:25 AM Buy
12.44 18.00

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