Stocks Analysis by Investing.com (Günay Caymaz) covering: Nasdaq 100 Futures, NASDAQ Composite, Immersion Corporation, Ituran Location and Control Ltd. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Certain tech stocks, including Mind, Ituran, and Immersion, are expected to outperform based on their financials.has experienced a 13.5% increase in value since the beginning of the year. Despite a partial retracement last month, the index maintains its upward trend, though its growth is lower compared to the nearly 30% increase recorded during the same period last year.
Currently, Mind's price, which climbed to $2.22 in March, finds support at an average of $1.85 post-dividend distribution. The past year's chart indicates a base has formed at these levels. Following the earnings report, Immersion's price surged, achieving a 32% increase in May and reaching $9.70. According to InvestingPro's fair value analysis, which uses 14 financial models, the stock is still discounted and has an estimated upside potential of around 30%.However, the company recently announced that it will pay its quarterly dividend in July. This may provide an additional demand increase for the shares, which makes regular dividend payments.
NASDAQ Composite Immersion Corporation Ituran Location And Control Ltd
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