Hot Tech Companies For 2014

There can be only one. And today there is one fewer company trying to buy Onyx Pharmaceuticals (ONXX).

Reuters

According to Bloomberg, Novartis (NVS) has dropped out of the bidding for the high flying biotech stock on account of its high price tag:

Novartis AG is out of the bidding for Onyx Pharmaceuticals Inc., according to a person familiar with the situation.

Onyx�� current valuation made it too expensive for Novartis, said the person, who declined to be identified because the matter is private. Lori Melancon, a spokeswoman for Onyx, said the company wouldn�� comment on rumors and speculation. Novartis spokesman Eric Althoff also declined to comment.

Hot Tech Companies For 2014: Evolving Systems Inc.(EVOL)

Evolving Systems, Inc. provides software solutions and services to the wireless, wireline, and Internet protocol (IP) cable markets. It offers Dynamic SIM Allocation solution that offers carriers a way to provide wireless services by activating and assigning resources to the wireless device when it is first used; and Tertio, a service activation solution for carriers to activate a new subscriber or to add a new service to an existing subscriber, as well as provides an operating environment to manage their voice, data, and content service needs for their IP networks. The company?s LNP and WNP software solutions comprise OrderPath order entry; NumberManager network provisioning; LNP DataServer data warehousing; VeriPort NPAC testing; and Verify product suite for monitoring carriers? application communications. In addition, the company provides billing mediation products, which include Evident that supports convergent voice, data, and content services, and enables the managem ent of data, allowing reconciliation of data inputs and outputs. Further, it offers network mediation products, including Mediation Central that supports a range of technologies that carriers deploy in their network, and provides support for wireline, broadband, transport, and wireless networks; and Traffic Data Management System, a product for wireline carriers to collect usage data from their circuit switch networks. The company also provides various professional and integration services for the design, customization, integration, and deployment of its products. It operates primarily in the United States, the United Kingdom, Indonesia, Greece, and Canada. The company was founded in 1985 and is headquartered in Englewood, Colorado.

Advisors' Opinion:

• [By Vatalyst]

  Shares are trading around $6.90, against their 52-week trading range of $6.04 to $8.35. At the current market price, the company is capitalized at $74.62 million. Earnings per share for the last year were $1.71, and it paid a dividend of $0.20, yielding 2.90%..

  Evolution Systems is signing customers to its products at quite a pace. Latest is the selection of its Dynamic SIM Allocation solution by a Russian carrier. This follows sign ups in Africa and India. Its strategy of targeting developing economies is starting to pay dividends, and this should lead to increasing dividends for its shareholders. Its operating margin is almost twice that of rival Synchronoss Technologies (SNCR) – 14.3% versus 8.3% - and this is likely to improve further as business development costs turn to sales in the coming months. Buy for growth and income.

Hot Tech Companies For 2014: Alaska Communications Systems Group Inc.(ALSK)

Alaska Communications Systems Group, Inc. provides integrated communications services primarily in Alaska. The company operates in two segments, Wireline and Wireless. The Wireline segment offers voice, broadband data, internet access, long distance, and other communications products and services; local exchange network and network connectivity solutions; voice and broadband termination services to inter and intrastate carriers; and multi-protocol label switching, metro Ethernet, network access, and other information technology infrastructure hosting and management services. This segment serves business customers; multi-national corporations; municipal, state, and federal governments; residential customers; small and medium sized businesses; governmental entities; and other telecommunications carriers. The Wireless segment provides facilities-based voice, data, and other value-added services, as well as equipment sales services; and operates 14 retail stores. As of Decembe r 31, 2011, its wireless network supported approximately 118,000 connections. Alaska Communications Systems Group, Inc. was founded in 1998 and is headquartered in Anchorage, Alaska.

Top 5 China Companies To Own For 2014: Organovo Holdings Inc (ONVO.PK)

Organovo Holdings, Inc. (Organovo), formerly Real Estate Restoration & Rental, Inc., incorporated in 2007, is a development-stage company. The Company has developed and is commercializing a platform technology for the generation of three-dimensional (3D) human tissues that can be employed in drug discovery and development, biological research, and as therapeutic implants for the treatment of damaged or degenerating tissues and organs. On December 28, 2011, Real Estate Restoration and Rental, Inc.�� (RERR) entered into an Agreement and Plan of Merger, pursuant to which RERR merged with its, wholly owned subsidiary, Organovo (Merger Sub). On February 8, 2012, the Company merged with and into Organovo Acquisition Corp. (Acquisition Corp.), a wholly owned subsidiary of Organovo, with the Company surviving the merger as a wholly owned subsidiary of Organovo Holdings (the Merger). As a result of the Merger, Organovo acquired the business of Organovo, Inc.

The C ompany has collaborative research agreements with Pfizer, Inc. (Pfizer) and United Therapeutic Corporation (Unither). As of March 31, 2012, it has five federal grants, including Small Business Innovation Research grants and developed the NovoGen MMX Bioprinter (its first-generation 3D bioprinter). The Company is engaged in the development of specific 3D human tissues to aid Pfizer in discovery of therapies in two areas of interest. In addition, in October 2011, it entered into a research agreement with Unither to establish and conduct a research program to discover treatments for pulmonary hypertension using its NovoGen MMX Bioprinter technology. Additionally, under the research agreement with Unither, the Company granted Unither an option to acquire from the Company a worldwide, royalty-bearing license in certain intellectual property created under the research agreement solely for use in the treatment or prevention of pulmonary hypertension and all other lung diseases.

The Company�� NovoGen MMX Bioprinter is an aut! om! ated device that enables the fabrication of three-dimensional (3D) living tissues comprised of mammalian cells. A custom graphic user interface (GUI) facilitates the 3D design and execution of scripts that direct precision movement of the dispensing heads to deposit cellular building blocks (bio-ink) or supporting hydrogel. The Company is using a third party manufacturer, Invetech Pty., of Melbourne, Australia, to manufacture its NovoGen MMX Bioprinter. Its bioprinting technology and surrounding intellectual property and commercial rights serve as a platform for product generation across multiple markets that employ cell- and tissue-based products and services.

The Company competes with Organogenesis, Advanced BioHealing, Tengion, Genzyme, HumaCyte and Cytograft Tissue Engineering.

Hot Tech Companies For 2014: Power Integrations Inc.(POWI)

Power Integrations, Inc. designs, develops, manufactures, and markets proprietary, high-voltage, analog, and mixed-signal integrated circuits (ICs) in the United States and internationally. The company offers alternating current to direct current power conversion products, including TOPSwitch, TinySwitch, and LinkSwitch that addresses power supplies ranging from less than 1 watt of output up to approximately 50 watts of output. These products are used in mobile-device chargers, consumer appliances, utility meters, liquid crystal display monitors, standby power supplies for desktop computers and televisions, and other consumer and industrial applications. It also provides various products for use in applications up to approximately 500 watts of output, such as Hiper family power-conversion and power-factor-correction products for high-power applications, including main power supplies for desktop computers, televisions, and game consoles, as well as light emitting diode stre et lights; CapZero and SenZero, which are designed to enhance the energy-efficiency of power supplies and reduce standby consumption by eliminating particular sources of power waste within a power supply; and high-voltage diodes comprising Qspeed diodes. In addition, the company offers high-voltage DC-DC products comprising The DPA-Switch family of products that are monolithic high-voltage power conversion ICs for use in power-over-Ethernet powered devices, such as voice-over-Internet protocol phones and security cameras, as well as network hubs, line cards, servers, digital PBX phones, DC-DC converter modules, and industrial controls. It serves communications, consumer, computer, and industrial electronics markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales staff and a network of independent sales representatives and distributors. Power Integrations, Inc. was founded in 1988 and is based in San Jose, California.

Advisors' Opinion:

• [By Roberto Pedone]

  Power Integrations (POWI) designs, develops, manufactures and markets proprietary, high-voltage, analog integrated circuits for use in AC-DC and DC-DC power conversion in the consumer, communications, computer and industrial electronics markets. This stock closed up 5.9% at $55.15 in Wednesday's trading session.

  Wednesday's Volume: 571,000
  
  Three-Month Average Volume: 218,547
  
  Volume % Change: 173%

  From a technical perspective, POWI ripped higher here right above some near-term support at $50.68 with above-average volume. This move also pushed shares of POWI into breakout and new 52-week-high territory, since the stock took out some near-term overhead resistance at $55.38. At last check, POWI closed a bit off its intraday high and volume was well above its three-month average action of 218,547 shares.

  Traders should now look for long-biased trades in POWI as long as it's trending above Wednesday's low of $52.60 and then once it sustains a move or close above Wednesday's high of $55.59 with volume that this near or above 218,547 shares. If we see that move soon, then POWI will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $60 to $62.

• [By CRWE]

  Power Integrations (Nasdaq:POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, reported that Balu Balakrishnan, the company�� president and CEO, will present at the NASDAQ OMX 28th Investor Program in London on June 26, 2012 at 3:45 p.m. British Summer Time (10:45 a.m. Eastern time).