The Best And Worst Recommendations In The Technology Sector: YOKU, GTATQ, BRDR, TXTR

  1. On February 17, 2015, analyst Michael Graham of Canaccord Genuity made the most profitable rating in the technology sector when he reiterated a Buy rating on Borderfree Inc. Graham made the rating the day that Borderfree released 4Q14 results, in which the e-commerce solutions company posted record quarterly revenue of $36.7 million. Borderfree shares were $6.07 when Graham made the rating.The stock shot up to $13.97 three months later following an announcement in early May that Borderfree would be acquired by Pitney Bowes Inc, valuing Borderfree at nearly $450 million. Investors who listened to Graham’s recommendation would have earned +129.40% profit over three months on BRDR. Graham has rated Borderfree 4 times since April 2014, earning a +58.1% average return per BRDR recommendation.

  2. The second most profitable rating in the technology sector went to the three analysts who recommended buying shares of Textura Corp. On May 8, 2014, Brian Schwartz of Oppenheimer; Jeff Houston of Barrington and Michael Nemeroff of Credit Suisse all rated TXTR a Buy following the company’s first quarter earnings. The analysts shared the belief that the construction management software company would have increased profitability, organic growth, and large potential to penetrate the large commercial market. Though shares of Textura Corp were at a low of $14.83 on May 8 of last year, investors who listened to Schwartz, Houston, or Nemeroff would have made +105.20% profit over three months as TXTR shares rose to $29.20 by August 8. Brian Schwartz has earned a +34.2% average return on his three TXTR ratings; Jeff Houston has earned a +10.2% average return on his five TXTR ratings; and Michael Nemeroff has earned a +14.5% average return on his five TXTR ratings.

  3. Pavel Molchanov of Raymond James and Pierre Maccagno of Dougherty tied for the third most profitable recommendation of the past 12 months. Both analysts advised to Sell GT Advanced Technologies Inc on September 10, 2014, when shares were $12.78. Shares plummeted to less than one dollar shortly thereafter when news broke that Apple would not be using GT Advanced Technology’s sapphire glass in iPhone 6 series. The company soon after declared bankruptcy. Investors who listened to Molchanov’s and Maccagno’s sell recommendation would have made +97.70% in profit over three months on GTATQ. Pavel Molchanov has rated GTATQ 12 times with a +46.8% average return, and Pierre Maccagnohas rated only rated GTATQ one time.

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