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Acacia Research Corporation (ACTG) [hlAlert]

Rating:
Buy ACTG
up 119.01 %

Acacia Research Corporation (ACTG) rated Buy with price target $8 by Davenport

Posted on: Friday,  Jul 25, 2008  11:25 AM ET by Davenport

Davenport rated Buy Acacia Research Corporation (NASDAQ: ACTG) on 07/25/2008, when the stock price was $4.26. Since
then, Acacia Research Corporation has gained 119.01% as of 12/23/2015's recent price of $9.33.
If you would have followed this Davenport's recommendation on ACTG, you would have gained 119.01% of your investment in 2707 days.

Acacia Research- Acacia Technologies is a division of Acacia Research Corporation. The Company acquires, develops, licenses and enforces patented technologies. The Company generates license fee revenues and related cash flow from the granting of non-exclusive licenses for the use of its patented technologies. The Acacia Technologies group assists patent holders with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies and, if necessary, with the enforcement against unauthorized users of their patented technologies.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2008 11:25 AM Buy
None
4.26 8.00
as of 12/24/2008
1 Week up  1.60 %
1 Month up  10.47 %
3 Months up  48.16 %
1 YTD up  45.72 %

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