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2 Stocks Make It On Today's Tech Stock Watchlist 

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We added 2 stocks to our Tech Stock Watchlist today because they are receiving Bullish Sentiment from investors and financial bloggers.

In addition, they are generating positive media buzz and/or have insider trading signals which came to our attention.  This list below is subject to change on a daily basis, so please be sure you subscribe to our email newsletter.

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Cadence Design, CDNS
Summary: Cadence Design Systems Inc. offers products and tools that help customers to design electronic products. Through System Design Enablement (SDE) strategy the company offers software, hardware, services and reusable IC design blocks (IPs) to electronic systems and semiconductor customers.Cadence's core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP's are directly integrated into the ICs.System Connect tools and services are used for the design, analysis and verification of PCBs. Further, System Integration solutions aid in designing and analyzing systems as well as verifying system functionality.
  • Last Price: $204
  • Price Change: -$3.88, -1.87%
  • Yearly Gain: 29.76%
  • Market Cap: $56.74B
  • P/E Ratio: 67.333

Here are 3rd party ratings for CDNS:

  • TipRanks.com: Strong Buy
  • TradingView.com: Buy
  • Yahoo! Finance: Bullish Short-Term Outlook
  • Barchart.com: Strong buy
  • Zacks.com: Strong Buy, Top 30% (74 out of 250)

What is the sentiment on the street regarding Cadence Design (Current ratings compiled by TipRanks.com)

  • News Sentiment: Very Bullish
  • Blogger Consensus: Bullish
  • Media Buzz: Medium
  • Insider Signal: Neutral
  • Investor Sentiment: Very Positive
  • Hedge Fund signal: Positive

If you are interested in CDNS or any stocks within the Technology sector, you might want to click here and check out this report. The stock market is extremely volatile, and you need to do your own research on CDNS before you decide to make any investment.

Click here for chart >>

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IPG Photonics, IPGP
Summary: IPG Photonics Corp develops and manufactures fiber & diode lasers, fiber amplifiers and transceivers that are used for diverse applications, like materials processing, advanced applications, communications and medical. IPG Photonics' laser products include low (1 to 99 watts), medium (100 to 999 watts) and high (1,000 watts and above) output power lasers from 0.3 to 4.5 microns in wavelength. These lasers may be continuous wave (CW), quasi-continuous wave (QCW) or pulsed. The company's pulsed line includes nanosecond, picosecond and femtosecond lasers. The company offers several different types of lasers according to the type of gain medium they use. These are ytterbium, erbium and thulium, as well as Raman and hybrid fiber-crystal lasers. IPG Photonics' amplifier products range from milliwatts to up to 1,500 watts of output power from 1 to 2 microns in wavelength.
  • Last Price: $116.06
  • Price Change: -$1.64, -1.39%
  • Yearly Gain: -0.34%
  • Market Cap: $5.61B
  • P/E Ratio: 58.826

Here are 3rd party ratings for IPGP:

  • TipRanks.com: Moderate Buy
  • TradingView.com: Sell
  • Yahoo! Finance: Bullish Short-Term Outlook
  • Barchart.com: buy
  • Zacks.com: Hold, Bottom 27% (182 out of 250)

What is the sentiment on the street regarding IPG Photonics (Current ratings compiled by TipRanks.com)

  • News Sentiment: Very Bullish
  • Blogger Consensus: Bullish
  • Media Buzz: Medium
  • Insider Signal: Neutral
  • Investor Sentiment: Very Positive
  • Hedge Fund signal: Positive

If you are interested in IPGP or any stocks within the Technology sector, you might want to click here and check out this report. The stock market is extremely volatile, and you need to do your own research on IPGP before you decide to make any investment.

Click here for chart >>

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