Citrix Teams up with IDG Enterprise to Deliver the Most Open Virtualization Event in the Industry

Below are the top 5 mid-cap stocks on the NASDAQ in terms of highest gross margins

The trailing-twelve-month gross margins of TD AMERITRADE Holding Corporation (NASDAQ: AMTD) are 96.77%. Keefe Bruyette upgraded AMTD from “market perform” to “outperform.”

The trailing-twelve-month gross margins of Rambus Inc (NASDAQ: RMBS) are 93.91%. RMBS had total cash of $460.19 million in the most recent quarter, and debt liabilities of $248.04 million.

The trailing-twelve-month gross margins of Citrix Systems, Inc (NASDAQ: CTXS) are 91.36%. Jefferies & Co upgraded CTXS from hold” to “buy.”

The trailing-twelve-month gross margins of Autodesk, Inc (NASDAQ: ADSK) are 88.79%. Longbow initiated coverage of ADSK with a “buy” rating.

The trailing-twelve-month gross margins of Check Point Software Technologies Ltd (NASDAQ: CHKP) are 88.64%. CHKP has total cash of $957.12 million in the most recent quarter.

The Pragmatic Capitalist submits:

After a brief respite last week, insider buying and selling trends returned to their regularly scheduled bearishness. The recent market dip has not attracted many buyers to the market as total insider buying for the latest week totaled just $10.2MM. Total selling surged to $490MM from last week’s reading of $250.1MM.

The insider selling and buying trends continue to reflect the low level of confidence that insiders have in the future performance of their own shares. This has been best reflected in the continuing weak trends in the labor markets and the lack of organic growth in corporate earnings. Without substantial improvement in labor trends and signs of sustainable earnings growth it’s likely that insiders will continue to be heavy net sellers of their own shares.

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XenDesktop with FlexCast Delivery Technology Advances Scalability Across Multiple Desktop Virtualization Models to Significantly Improve ROI

Citrix Systems, Inc. (NASDAQ:CTXS) has been a long-standing takeover target for companies like Oracle Corporation (NASDAQ:ORCL) or Cisco Systems, Inc. (NASDAQ:CSCO), as server virtualization continues to grow in popularity. Citrix Systems, Inc. (CTXS, Free Analysis) is one of the leading providers of server virtualization technologies behind industry-leader VMWare, Inc. (VMW, Free Analysis). And the market itself [...]

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The rally may have cooled, but these shares are still overheated.[More...]

Citrix is something of a storied name in the IT industry, once the leader in remote desktop apps, now looking to make a big return with the Nirvana phone concept. The idea has been around for awhile, but partnership with mobile virtualization gurus Open Kernel Labs gives it...

Citrix is something of a storied name in the IT industry, once the leader in remote desktop apps, now looking to make a big return with the Nirvana phone concept. The idea has been around for awhile, but partnership with mobile virtualization gurus Open Kernel Labs gives it...

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Want to run Windows 7 on the new Apple iPad? Citrix says it will soon be possible--at least virtually--using a new version of its Citrix Receiver software. Promised to be ready when the tablet computer ships in March, Citrix says the new software, based on the current iPhone version, is...

Want to run Windows 7 on the new Apple iPad? Citrix says it will soon be possible--at least virtually--using a new version of its Citrix Receiver software. Promised to be ready when the tablet computer ships in March, Citrix says the new software, based on the current iPhone version, is...

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Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.

Yesterday, after market close, Citrix System Inc (CTXS) declared financial results for the fourth quarter of 2009. GAAP net income in the reported quarter was $88.2 million or 47 cents per share compared to a net income of $60.1 million or 33 cents per share in the prior-year quarter. However, adjusted (excluding intangible asset amortization [...]

(CTXS) Citrix System’s Outperforms Wall Street’s Expectations

The Maplewood, Minnesota-based, 3M Co. (MMM, news: 80.68 -1.97%) posted fourth quarter earnings of $935 million, or $1.30 per share, as compared to $536 million, or 77 cents per share, in the same quarter last year. Revenue rose 11 percent, to $6.12 billion. The company upped it 2010 earnings forecast to a range of $4.90 [...]

Analysts at Broadpoint AmTech have maintained their Buy rating for Citrix Systems Inc. (NASDAQ: CTXS).

Citrix Systems reported strong results for the fourth quarter. The company reported revenue of $451 million which came in well ahead of consensus of $431.5 million. Non GAAP EPS stood at $0.66. The key drivers for better than expected revenue were the strong demand for XenDesktop, re-acceleration in Application Networking and steady growth in online services.

Analysts believe that with XenDesktop 4, the company has one of the most convincing product cycles in software. Analysts at Broadpoint AmTech have set a price target of $54 for Citrix Systems Inc.