Wall Street Fundamentals Releases New In-Depth Stock Reports on ARMH, DATA, MSFT and ZNGA


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Companies Mentioned

NASDAQ:ARMH / NYSE:DATA / NASDAQ:MSFT / NASDAQ:ZNGA
02/05/2014 [ACCESSWIRE]

U.S. market regained some ground Tuesday after disappointing manufacturing data sent stocks sliding in the previous session. The Dow Jones Industrial Average gained 0.47 percent, while the S&P 500 Index rallied 0.76 percent. The Indexes have fallen approximately 6.8 percent and 5.0 percent, respectively, so far in 2014. The U.S. budget deficit is expected to fall to $514 billion in 2014, the lowest level seen in Obama’s tenure, according to a congressional report released Tuesday. "The biggest concern for investors right now is, is this the beginning of a bigger pullback in the market?" said Joseph Tanious, global market strategist at JPMorgan Asset Management, according to Bloomberg. "If you look at economic growth, the earnings season and the health of corporate America, all those things appear to be doing quite well."

ARM Holdings plc (NASDAQ: ARMH) shares traded in the range of $40.90 to $44.03 Tuesday before settling to close at $43.80, a decrease of 4.39 percent. The stock appears to be facing some resistance at the $44.04 and $45.71 levels with some support at $41.87. The company reported a net loss of £6.2 million for the fourth quarter of 2013, compared to a profit of £42.5 million a year ago. Shares of ARM Holdings have fallen approximately 20.0 percent year-to-date.

More information on ARM Holdings and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/ARMH

Tableau Software Inc. (NYSE: DATA) shares traded in the range of $76.29 to $80.40 Tuesday before settling to close at $79.43, an increase of 0.61 percent. The stock appears to be facing some resistance at $81.19 with some support at the $78.68 and $74.61 levels. The company reported revenues were $81.5 million for the fourth quarter of 2013, an increase of 95.0 percent year-over-year. Shares of Tableau Software have gained approximately 15.0 percent year-to-date.

More information on Tableau Software and access to the free equity report can be found at:
www.WallStreetFundamentals.com/DATA

Microsoft Corporation (NASDAQ: MSFT) shares traded in the range of $36.25 to $37.19 Tuesday before settling to close at $36.35, a decrease of 0.36 percent. The stock appears to be facing some resistance at the $36.50 and $37.58 levels with some support at $35.88. The company announced that it has appointed Satya Nadella, formerly Executive Vice President of Microsoft's Cloud and Enterprise group, as CEO. Shares of Microsoft have fallen approximately 3.0 percent year-to-date.

More information on Microsoft and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/MSFT

Zynga Inc. (NASDAQ: ZNGA) shares traded in the range of $4.49 to $4.97 Tuesday before settling to close at $4.59, an increase of 2.23 percent. The stock appears to be facing some resistance at $4.74 with some support at the $4.50 and $4.21 levels. UBS analyst Eric Sheridan has upgraded the company to a buy and has also raised its price target to $6.00. Shares of Zynga have gained approximately 20.0 percent year-to-date.

More information on Zynga and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/ZNGA

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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Wall Street Fundamentals
Website:
www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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