Best Mid Cap Stocks To Buy Right Now

Best Mid Cap Stocks To Buy Right Now: Cray Inc(CRAY)

Cray Inc. engages in the design, development, manufacture, marketing, and service of high-performance computing (HPC) systems, known as supercomputers. Its product line includes Cray XE6 system, a massively parallel processing system; Cray XE6m supercomputer that incorporates its Cray Gemini network; Cray XMT supercomputer, a scalable massively multithreaded platform with a shared memory architecture that is suited for tasks, such as pattern matching, complex searches, scenario development, behavioral prediction, anomaly identification, and graph analysis; and Cray CX1 and CX1000 systems that are purpose-built for laboratories and university departments. The company?s products under development comprise Cray XE6 System enhancements; and next generation Cray XMT System. It also offers engineering services related to HPC systems and solutions, such as maintenance support services and technology-led professional services. Cray Inc. provides its products and services to gover nment agencies, academic institutions, and commercial entities in the United States, Canada, Europe, Japan, and the Asia-Pacific. The company was formerly known as Tera Computer Company and changed its name to Cray Inc. in 2000. Cray Inc. was founded in 1987 and is headquartered Seattle, Washington.

Advisors' Opinion:

• [By Jake L'Ecuyer]

  Equities Trading UP
  Cray (NASDAQ: CRAY) rose on Friday's session, gaining a staggering 36.87 percent to $41.02 after beating on the top and bottom lines, while boosting its fiscal year guidance.

• [By John Udovich]

  With those recent contract wins in mind, it should be noted that while Cray Inc has reported consistently rising revenues of $525.75M (2013), $421.06M (2012), $236.05M (2011) and $319.39M but more mixed net income of $32.22M (2013), $161.24M (2012), $14.33M (2011) and $15.06M (2010). Moreover and the last time Cray Inc reported earnings, shares fell 11.47% despit! e better-than-expected results that came with a more cautious 2014 guidance (see Is Big Data and Supercomputer Stock Cray Inc (CRAY) Still a Super Stock? SGI, IBM & HPQ for a lengthy look at what was specifically reported) whileback in February,shares surged 39% after solid fourth-quarter resultsalong withencouraging forward guidance were reported. In other words, the supercomputing business can be volatile and dependent on a few big sales.

• [By Jonathan Fishman]

  2. Their new product, the ClusterStor, will grow at the rate of 24%-53% a year according to the expectations of Cray (CRAY), a reseller of the ClusterStor.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-mid-cap-stocks-to-buy-right-now-2.html