Categories: Momentum Trader Alert HotlinesStock Market News

Buying Another Tech Momentum Play and Booking 15.24% and 25.81% Gains

Technology has been generating more than its share of recommendations recently.

This week’s Momentum Trader Alert recommendation is no exception. Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne, Inc. (TER) manufactures test equipment and software for the electronics and communication industries. Teradyne’s products include systems to test semiconductors, circuit boards, telephone lines and networks, and software.

Teradyne, Inc. (TER) versus the S&P 500 year to date.

Momentum Trader Alert Analysis

Recommendation

Buy Teradyne, Inc. (TER) at market today and place your stop at $28.50.

I am holding off on recommending options on this position for now.

Portfolio Update

The Chemours Company (CC) stopped out at $37.25 for a 15.24% gain.

Your position in Panera Bread (PNRA) soared 19.14% this past week as investment firm JAB agreed to acquire the sandwich chain for $315 per share.

With the stock up 25.81% over just the past two weeks, I am recommending that you sell your position in Panera to lock in your substantial gains.

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.