, Tracking Stock Market Picks
Enter Symbol:
STEC Inc. (STEC) [hlAlert]

down 40.93 %

DailyFinance: Ten stocks for 2010

Posted on: Monday,  Feb 15, 2010  8:13 PM ET by DailyFinance: Ten stocks for 2010

DailyFinance: Ten stocks for 2010 rated Buy STEC Inc. (NASDAQ: STEC) on 12/10/2009, when the stock price was $11.58.
Since then, STEC Inc. has lost 40.93% as of 09/12/2014's recent price of $6.84.
If you would have followed this DailyFinance: Ten stocks for 2010's recommendation on STEC, you would have lost 40.93% of your investment in 1737 days.

STEC, Inc. (STEC) designs, develops, manufactures and markets custom memory solutions based on flash memory and dynamic random access memory (DRAM) technologies. The Company specializes in developing flash drives and memory cards used in sensitive and highly volatile environments and high-density DRAM modules. STEC offers a product line used by original equipment manufacturers (OEMs). Prior to the divestiture of its Consumer Division, the Company also designed, developed, manufactured and marketed open-standard memory solutions based on flash memory, DRAM technologies and external storage solutions used in consumer electronics applications. STEC offers both monolithic DRAM modules and DRAM modules based on its stacking technology. During the year ended December 31, 2008, the Company sold to more than 329 customers, consisting of direct sales and sales through OEM distributors and contract manufacturers that incorporate its products into systems they assemble for STEC?s customers.

First among these trends, some financial companies were hit way too hard, along with their brethren, and will now recover in a world where they have fewer competitors. Next, the developing world is back on track. People are moving from rural to urban areas throughout the planet. And they are very, very hungry. Back at home, health care reform, whether you like it or not, is happening. Also, the dollar is weakening. Meantime, personal computing is still getting faster, smaller, cheaper. And I'm afraid the threat of terrorism is here to stay -- and the fight against it will still cost billions of dollars.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2009 4:00 PM Buy
as of 12/31/2009
1 Week up  29.68 %
1 Month up  75.82 %
3 Months   
1 YTD up  75.82 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy