Hot Low Price Companies To Watch For 2015

Hot Low Price Companies To Watch For 2015: Silicon Graphics International Corp(SGI)

Silicon Graphics International Corp. provides computing and storage, and data center solutions, as well as related customer support and professional services. The company offers scale up servers; scale out servers; work group servers; data storage systems; and software products for technical computing, as well as data center infrastructure products, including ICE Cube Air, a modular data center that augments or replaces traditional brick-and-mortar data centers; and MobiRack, a line of mobile, all-in-one data center cabinets for field deployments. Its products and services are used by the scientific, technical, and business communities for solving challenging data-intensive computing, data storage, and management problems. The company also develops system applications, such as simulating global climate changes, accelerating engineering of new automotive designs, supporting homeland security initiatives, real-time fraud detection, streaming media from Internet-video to film , and gaining business intelligence through data-mining to defense and strategic systems, weather and climate, physical and life sciences, energy, aerospace and automotive, media and entertainment, semiconductor design and manufacturing, financial services, data centers, and business intelligence and data analytics markets; and enterprise class features for the Linux operating system that provide a standard Linux operating environment. Silicon Graphics International Corp. markets and sells its systems, technologies, software, and services to enterprises in approximately 25 countries through direct and indirect sales force, including distributors, original equipment manufacturers, system integrators, value added resellers, and channel partners. The company was formerly known as Rackable Systems, Inc. and changed its name to Silicon Graphics International Corp. in May 2009. Silicon Graphics International Corp. was incorporated in 2002 and is! headquartered in Fremont, Californ i a.

Advisors' Opinion:

• [By Roberto Pedone]

   

  Silicon Graphics International (SGI) develops, markets and sells various servers, enterprise-class storage hardware, differentiating software and solutions. This stock closed up 3.3% to $9.36 in Thursday's trading session.

   

  Thursday's Range: $9.07-$9.47
  
  52-Week Range: $8.16-$16.60
  
  Thursday's Volume: 179,000
  
  Three-Month Average Volume: 270,564

   

  From a technical perspective, SGI bounced notably higher here right above some near-term support at $9 with lighter-than-average volume. This stock has been making higher lows over the last two months, and this stock is now starting to trend within range of triggering a near-term breakout trade. That trade will hit if SGI manages to take out some near-term overhead resistance levels at its 50-day moving average of $9.58 to some more near-term overhead resistance levels at $9.65 to $10.23 with high volume.

   

  Traders should now look for long-biased trades in SGI as long as it's trending above some near-term support levels at $9 or at $8.86 and then once it sustains a move or close above those breakout levels with volume that hits near or above 270,564 shares. If that breakout hits soon, then SGI will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day moving average of $10.83 to its gap-down-day high of $11 from May. Any high-volume move above $11 will then give SGI a chance to re-fill some of its previous gap-down-day zone that started near $12.50.

   

• [By Robert Abbott]

  President & Chief Executive Officer: Mark J. Barrenechea has held these positions since January 2012; previously, he was President, CEO, and a Director of Silicon Graphics International (SGI), and prior to that held senior management positions at CA. Inc (formerly Computer Associates International, Inc.! (CA). Mr! . Barrenechea is also a Director of OpenText.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-low-price-companies-to-watch-for-2015-3.html