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  • Hot Stocks for today – QADI Guides Above Estimates

    Hey Guys,

    Welcome to Hot Stocks Everyday. We have QADI - QAD Inc as the Hot Stock for today.

    Latest news

    QAD Inc. said it expects fourth quarter earnings of approximately $0.13 per share on revenue of approximately $57.0 million. The current consensus earnings estimate is $0.03 per share on revenue of $55.6 million for the quarter ending January 31, 2010.


    Predictions for Wednesday

    QADI is expected to rise around 20 % Wednesday and is expected to go upto 27 % high intra-day Wednesday. If we want to get a share in the profit, we can get in the stock quite early in premarket or during early during market open. The options for this stock will also rise and are expected to rise more the coming year. There is a good profit chance in options but consider only long term options for this one.


    The news is definitely showing very less effect of recession on this guy.Total revenue equaled $56.2 million for the fiscal 2010 third quarter, compared with $67.8 million for the same period last year and $51.3 million for the fiscal 2010 second quarter. License revenue equaled $8.4 million, versus $13.1 million for the fiscal 2009 third quarter and $6.7 million for the fiscal 2010 second quarter.



    About QADI

    QAD Inc. (QAD) is a global provider of enterprise software applications, professional services and application support for manufacturing companies. QAD software is used by manufacturing companies that operate in six industries: automotive, consumer products, technology, food and beverage, industrial products, and life sciences. QAD Enterprise Applications, which includes modules marketed as MFG/PRO, is QAD's core product suite. QAD Enterprise Applications provides a suite of capabilities designed to support customers' business processes.

    Source Google Finance


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