Stocks To Watch: Qualcomm, RIMM, Facebook, Citrix, Align Tech, Co
Companies whose shares are expected to trade actively in today’s session are QUALCOMM, Inc. (NASDAQ:QCOM), Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM) (Renamed BlackBerry), Facebook Inc (NASDAQ:FB), Citrix Systems, Inc. (NASDAQ:CTXS), Align Technology, Inc. (NASDAQ:ALGN) and Concur Technologies, Inc. (NASDAQ:CNQR).
QUALCOMM, Inc. (NASDAQ:QCOM): The chip maker reported a 29 percent growth in its revenues and 36 percent increase in its first quarter profits, beating the Wall Street estimates by wide margins. The company also gave a robust guidance for the second quarter. The San Diego-based company posted a revenue of $6.02 billion with $1.26 a share in earnings. Shares surged 5.45 percent to $67 in early trading session.