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Globecomm Systems Inc. (GCOM) [hlAlert]

up 72.37 %

Globecomm Systems Inc. (GCOM) upgraded to Buy by Merriman

Posted on: Wednesday,  May 12, 2010  8:25 AM ET by Merriman

Merriman rated Buy Globecomm Systems Inc. (NASDAQ: GCOM) on 05/12/2010, when the stock price was $8.18. Since
then, Globecomm Systems Inc. has gained 72.37% as of 12/10/2014's recent price of $14.10.
If you would have followed this Merriman's recommendation on GCOM, you would have gained 72.37% of your investment in 1673 days.

Globecomm Systems Inc. (Globecomm) is a provider of satellite-based communications infrastructure solutions and services. The Company?s services are provided by its wholly-owned subsidiaries, Globecomm Network Services Corp. and Globecomm Services Maryland LLC. It has two segments: infrastructure solutions segment and services segment. Infrastructure solutions segment is engaged in the design, assembly and installation of ground segment systems and networks, which includes both its pre-engineered systems, and custom systems design and integration product lines. Services segment provides satellite communication services capabilities, which include its Access, Hosted and Lifecycle Support service lines. In March 2009, the Company acquired B.V. Mach 6 (Mach 6) and in June 2009, it acquired Telaurus Communications LLC.

Merriman provides advanced tools for acquiring such information. These tools integrate a combination of cycles, geocosmic signatures and trend analysis patterns in assisting the serious investor in their interpretation of the various financial markets and the general economy. In today's fast paced and seemingly chaotic marketplace, you need the edge that only a broader analysis of human activity can provide.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2010 8:25 AM Buy
as of 12/31/2010
1 Week down  -9.72 %
1 Month up  6.50 %
3 Months up  7.52 %
1 YTD up  10.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2010 8:25 AM Hold

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