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Enter Symbol:
Magma Design Automation, Inc. (LAVA) [hlAlert]

up 290.27 %

Magma Design Automation, Inc. (LAVA) upgraded to Buy by Canaccord Adams

Posted on: Friday,  Sep 18, 2009  8:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy Magma Design Automation, Inc. (NASDAQ: LAVA) on 09/18/2009, when the stock price was $1.85.
Since then, Magma Design Automation, Inc. has gained 290.27% as of 02/22/2012's recent price of $7.22.
If you would have followed this Canaccord Adams's recommendation on LAVA, you would have gained 290.27% of your investment in 887 days.

Magma Design Automation, Inc. provides design and implementation software that enables chip designers to reduce the time it takes to design and produce complex integrated circuits used in the communications, computing, consumer electronics, networking and semiconductor industries.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/18/2009 8:25 AM Buy
as of 12/31/2009
1 Week up  131.09 %
1 Month up  125.40 %
3 Months up  163.15 %
1 YTD up  197.29 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/29/2008 11:25 AM Hold
5.03 4.50
8/8/2008 11:25 AM Hold
5.31 5.50

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