Microsoft, Real Goods Solar and Raptor Pharma Leading Nasdaq Stocks

Andrew Klips  |

Apple, Inc. (AAPL) is limping along again in early Wednesday trading down about 1 percent and struggling to hold $400, but technology equities are posting broad gains.  Microsoft Corp. (MSFT) is trading ahead 1.5 percent, helping the tech-rich Nasdaq Composite Index trade ahead by 25 points to add to a 27-point gain on Tuesday.

Microsoft was upgraded to “overweight” by Morgan Stanley Wednesday morning, citing more headroom for growth with a focus on non-PC operations.  Microsoft is in the limelight this week with its Build 2013 developers’ conference in San Francisco that begins this morning.  Investors, analysts and developers will be looking for information on Windows Blue, the name dubbed to its first major update to Windows 8.  The highly anticipated new operating system was released last October, only to receive a number of criticisms and somewhat tepid sales.  The main complaint was the removal of the “start” icon that loyal Windows users had grown dependent upon through the years.

Windows says that they’ve sold over 100 million licenses for Windows 8, even in the face of dwindling PC sales.

Earlier this month, Microsoft announced that it is opening 600 “stores within a store” at Best Buy (BBY) locations across North America.  Essentially, Best Buy is re-vamping their computer section to prominently feature Microsoft products at those locations, 500 of which are in the U.S. with 100 going into Canada.

Also fueling Nasdaq gains, Amazon.com, Inc. (AMZN) has jumped almost 2 percent after expanding its licensing agreement with PBS for hundreds of episodes of shows, including NOVA, Masterpiece documentaries and kids’ programs like Caillou, to name a few.

Amongst small-cap Nasdaq Global Market companies, Real Goods Solar, Inc. (RSOL) have surged about 25 percent to $2.77 after saying that its commercial and utility division, RGS Energy, was selected by St. Albans Solar Partners, LLC to deploy a new 2.2 megawatt solar farm in St. Albans, the biggest photovoltaic system in Vermont.

In the Nasdaq Capital Market space, Raptor Pharmaceutical Corp. (RPTP) shares are making new highs with a 20-percent surge near $10 after announcing after Tuesday’s closing bell that the Food and Drug Administration granted the company orphan drug exclusivity for PROCYSBI (cysteamine bitartrate) delayed-release capsule for the management of nephropathic cystinosis patients over the age six.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
RPTP Raptor Pharmaceutical Corp. n/a n/a n/a 0 Trade
RSOL Real Goods Solar Inc n/a n/a n/a 0 Trade
BBY Best Buy Co. Inc. 55.37 -0.56 -1.00 5,234,698 Trade
MSFT Microsoft Corporation 106.03 -3.42 -3.12 47,043,136 Trade
TXT Textron Inc. 49.47 -0.50 -1.00 2,958,774 Trade
AAPL Apple Inc. 165.48 -5.47 -3.20 40,703,710 Trade
AMZN Amazon.com Inc. 1,591.91 -66.47 -4.01 6,367,163 Trade

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
XOM

     

Can the Media Solve the Partisan Conflict?

Andrew McCarthy, Contributing Editor, The National Review; Michael Zeldin, CNN Legal Analyst; Celeste Katz, Senior Political Reporter, Glamour; Silvia Davi, SVP, Contributing Editor, Equities.com; and Doug Simon, CEO, D S Simon Media discuss how the media’s role has shaped the landscape for communicators and what the media is trying to do to reduce discord in society.

Emerging Growth

Goldrea Resources Corp.

Goldrea Resources Corp is engaged in the acquisition, exploration and development of mineral properties located in North America.