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Enter Symbol:
Netlogic Microsystems, Inc. (NETL) [hlAlert]

up 102.18 %

Netlogic Microsystems, Inc. (NETL) upgraded to Outperform with price target $55 by Wedbush Morgan

Posted on: Wednesday,  Feb 3, 2010  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Netlogic Microsystems, Inc. (NASDAQ: NETL) on 02/03/2010, when the stock price was $24.73. Since
then, Netlogic Microsystems, Inc. has gained 102.18% as of 02/16/2012's recent price of $50.00.
If you would have followed this Wedbush Morgan's recommendation on NETL, you would have gained 102.18% of your investment in 743 days.

NetLogic Microsystems, Inc., a fabless semiconductor company located in Mountain View, Calif., designs, develops and markets high performance knowledge-based processors for a variety of advanced Internet, corporate and other networking systems, such as routers, switches, network security appliances, network access equipment and networked storage devices. NetLogic Microsystems' knowledge-based processors use an advanced processor architecture and a large knowledge or signature database to make complex decisions about individual packets of information traveling through the network. Knowledge-based processors from NetLogic Microsystems significantly enhance the ability of networking OEMs to supply network service providers with systems offering more advanced functionality for the Internet, such as application-based routing, voice transmission over the Internet, or VoIP, unified threat management network security, virtual private networks, or VPNs, and streaming video and audio.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/3/2010 9:25 AM Buy
24.73 27.50
as of 12/31/2010
1 Week up  5.70 %
1 Month up  6.37 %
3 Months up  20.34 %
1 YTD up  34.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2009 9:25 AM Hold
20.84 20.00

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